Gladwyne’s Waverly Heights Retirement Community is launching a $20 million project that involves new construction, as well as extensive upgrades to existing facilities, writes Natalie Kostelni for the Philadelphia Business Journal.
According to Kostelni, senior living communities have begun to incorporate more features typically used throughout the hospitality industry into their facilities. It has almost become a blend of resort-style living combined with lectures, classes, and field trips.
“The primary driver behind the work is to meet this new face of retirement living,” said Thomas Garvin, president and CEO at Waverly Heights. “Residents have higher expectations to be active and socially engaged.”
Waverly Heights is enlarging its swimming pool to accommodate lap swimming and aquatic classes, as well as adding a new aerobics and dance studio. It is incorporating a new computer lab where residents can be trained on iPads, iPhones, and other technology. New dining options will be added as well to have wider appeal such as formal and informal, self-serve, and alfresco options.
A portion of the work will also involve constructing a new, 10-unit apartment building, which will be the third to be constructed on the property.
According to Kostelni, all 10 units have already been spoken for, and ground won’t be broken on the project until September.
Waverly Heights has a wait list with 300 names on it.
Click here to read more Waverly Heights in the Philadelphia Business Journal.