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Defying Conventional Wisdom: A Mixed-Use Intergenerational Housing Success Story (Billy Pettit) - ULI fall meeting - 102711
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Defying Conventional Wisdom: A Mixed-Use Intergenerational Housing Success Story (Billy Pettit) - ULI fall meeting - 102711
1.
Defying Conventional Wisdom:
A Mixed-Use Intergenerational Housing Success Story Billy Pettit, Vice President
2.
3.
4.
5.
6.
Vision: Create a
Unique Product Directed at Specific Seniors Source: ProMatura Group, LLC
7.
UNIVERSITY OF WASHINGTON
SITE UNIVERSITY VILLAGE SHOPPING CENTER DOWNTOWN SEATTLE
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9.
The University –
an Intergenerational Campus
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17.
Revenue by Component
(TTM) Current Revenue % of Total Merrill Gardens - 69.8% $ 5,471,693 69.8% The Corydon - Apartment - 20.3% $ 1,590,591 20.3% The Corydon - Retail - 9.9% $ 773,780 9.9% Total $ 7,836,064 100.0%
18.
Occupancy Metrics Sources:
NMHC; Dupre and Scott; NIC MAP; US Census * Properties opened April 2009
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Questions
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