Over-55 crowd fuels growing housing trend: Rental developments offer easier way of life.

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  • Author(s): Bradley, Daniel
  • Source:
    Indianapolis Business Journal. 1/12/2024, Vol. 44 Issue 47, p5A-25A. 3p.
  • Additional Information
    • Subject Terms:
      RENTAL housing; HIGH school teachers; CROWDS
    • Abstract:
      The article discusses the growing trend of active-adult communities, focusing on Promenade Trails in Noblesville, an upcoming rental development catering to seniors seeking a low-maintenance lifestyle with amenities such as wellness centers, social spaces, and recreational facilities. It mentions that the demand for such communities has increased, driven by baby boomers' preference for renting, mobility, flexibility, and a desire for less responsibility in their next stages of life.