As Baby-boomers retire and determine what their 'next chapter' will be, there is increased interest in 'Niche' retirement communities.
What, you may be asking, is a Niche Retirement Community?
A Niche Retirement Community is geared toward bringing the residents together in a living situation where they can share their values and interests.
Some of the types of Niche communities include:
- shared cultural background
- intergenerational experiences
- recreational adventures
- lifelong learning
What are some examples of these types of communities?
ShaniNiketan Florida. This community is geared toward immigrants from India, ages 55+. Residents can enjoy their Indian heritage while staying close to their children and grandchildren in the U.S. shantiniketan.us/florida
NewBridge on the Charles. Hebrew Senior Life offers this community, located near Boston in Dedham, Massachussets. The focus is on intergenerational programs and activities with a K-8 private Jewish school located on the 162 acre campus. hebrewseniorlife.org/newbridge
Escapees RV Club. If constant motion is your idea of a great retirement, this club can help you make that a reality. In addition to discounts and planning resources, the club helps manage healthcare solutions, roadside assistance, mail forwarding and job exchange opportunities. Escapees.com
Lasell Village. If you were one of those folks who wished you could remain in school forever, the Lasell Village, dedicated to lifelong learning, may be of interest. Located on the campus of Lasell College in Newton, Massachusetts, this residential option requires that each independent resident log 450 hours a year of learning activities, customized to personal interests. LasellVillage.com
NoHoSenior Arts Colony. A California community for artists 62+ that provides studios, performing arts, a theater company and more. NoHoSeniorArtsColony.com
Lake Weir Preserve. Interested in spending more time outdoors? This community, located in Florida includes boating, kayaking/canoeing, hunting, biking and sport-fishing. LakeWeirLiving.com
ElderSpirit Community. Located in Abingdon, VA, this community is the home of residents who are 'walking a spiritual path, taking car of ourselves and one another, living simply and respecting the earth.' ElderSpirit.net
Nalcrest is a retirement community for retired letter carriers with 500 garden style single-story apartments on 153 acres. Active civic and hobby clubs arrange trips at 'rock bottom prices.' nalc.org/member-benefits/nalcrest
In addition to these options, some others that will be coming along in the next couple of years:
- Storylines. A condo cruise ship with all inclusive living options. storylines.com
- Legends Landing. A living option for professional football players, coaches, officials and administrators in Canton, OH. hofvillage.com
- Latitude Margaritaville. An active adult community located in Daytona Beach and Hilton Head with a third development scheduled to open in the Florida Panhandle in 2021. latitudemargaritaville.com
As you can see, there are a lot of different options out there to consider if you are looking for a new community. Besides these options, it is worth exploring your local area, as well as your interests, to see if maybe joining a 'Niche Community' might be the ideal next step for you.
Thank you to the SRES Professional Newsletter for providing me with the information necessary to write this article. If you, or someone that you know, are looking for advice about transitions, be sure to check with a REALTOR who has the SRES (Senior Real Estate Specialist) designation.