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Building A Future For Tomorrow- Journey Assisted Living and Memory Care open its doors

Written by Chronicle Staff. Posted in Featured, Senior Living

Published on April 11, 2018 with No Comments

Not all retirees pack up and move to Florida, in reality many stay right where they have lived all of their life. In fact, there are over 7,500 senior citizens over the age of 75 who live in Porter County alone.

That number is expected to increase by 36 percent in the next five years.

There are senior and assisted living facilities already established in Porter County such as Miller’s Senior Living Community, Symphony, Avalon Manor, Rittenhouse and Whispering Pines. But with record numbers of baby boomers reaching retirement age, and the population of Americans getting older, the need for more senior care, assisted living, and memory care facilities is ever growing.

Since 1900, the number of Americans age 65 and older has increased 12 times from 3.1 million to 37.9 million. In 2007, the number of seniors age 64-74 was nearly nine times larger than in 1900, and the 74-84 age group was 17 times larger. But perhaps most impressive is the fact that 85 and older age group was 45 times larger in 2007 than it was in 1900.

Knowing the number of senior citizens over the age of 75 living in Porter County, imagine the number of those 65 years of age or older living in the area.

A recent study performed by Strategy Planning Associates of Schaumberg, Ill. looked to determine the demand and feasibility for senior and assisted housing and affordable senior housing facilities in Porter County.

The verdict:

“There is an increasingly older population and there are limited areas they can go to,” Steven Hovany, president of Strategy Planning Associates, said.

In the past, Hovany said, it was always the oldest daughter whose responsibility it was to take care of aging parents. Today, women work and are not expected to stay home and be full-time caregivers.

“Society is changing and aging populations is growing,” Hovany said. “A lot of people always say, ‘I’d never put my mother in a place like that,’ but the fact is that a lot of people do because they find this kind of facility is the best solution.”

The type of facility Hovany is referring to is known as a continuing-care retirement community, or CCRC. According to the study, these types of facilities are becoming increasingly popular with senior citizens because they enable residents to move from independent living to assisted living to skilled nursing environments while staying on one campus.

Porter Business Park, principle partners, St. Andrews Development LLC, hopes to help provide a place for those seniors who would benefit from such a campus by developing Porter Business Park and Senior Living Community. The development is located at the intersection of U.S. Highway 6 and State Road 49, adjacent to Porter Hospital.

Porter Business Park commercial site consists of 14,000 sq. ft. site frontage along U.S. Highway 6 to accommodate commercial establishments such as restaurants, a bank and a pharmacy. The remainder of the site will be devoted to 10-12 professional offices and medical buildings, affordable senior housing, assisted living quarters and a skilled nursing facility.

Hovany said there are two things people look for when searching for senior care facilities – proximity to medical services and proximity to family. Although the proposed site has no connection with Porter Hospital, the study conducted by Hovany states the potential for interaction due to the proximity between the two sites has limitless possibilities.

“The main question is always whether there is enough business and a population to support a facility like this, and we found that YES THERE IS,” Hovany said. “It’s just a pleasant thing to have as your housing stock.”

Based on the results of the demand analyses and the search and survey of area senior housing alternatives, Strategy Planning Associates concluded that the proposed site would be best suited for a CCRC because it would meet all of the needs of the market segment. It will also create a balance of various types of lifestyles and medical needs.

Furthermore, according to the study, this type of facility would be very attractive to potential residents and their families because it ensures that they can stay within the community even as their health needs change. The study suggests that a CCRC also offers peace of mind to couples moving into such a facility since they will be near to one another in the instance that one has a major medical need.

For more information visit www.porterbusinesspark.com

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