56 replies to this topic

[Brian Luenser]

And from the Western Heritage Parking garage in the Arts District. (Taken Dec 4, 2010)

A few days ago I was wondering how The Stayton and Trinity Terrace compare in terms of pricing etc... This photo kind of puts them "shoulder to shoulder".
It appears there are quite a few old folks with a few bucks expected for the next few decades. The Stayton is larger than it looks from this angle.
I was surprised as I was driving down Lancaster from the Arts District to notice that The Stayton is RIGHT ON Lancaster.

Object in the way is the Will Rogers Auditorium.

[cberen1]

With an aging population it seems like we could see a lot of construction specifically for an older demongraphic. What happens to this stuff when the baby boomer generation moves on?

[johnfwd]

With an aging population it seems like we could see a lot of construction specifically for an older demongraphic. What happens to this stuff when the baby boomer generation moves on?

Lot of construction...as an example, the Trinity Terrace's planned new third tower. My guess is those plans were thwarted by the great financial crisis in fall 2008. As to the baby boomer generation moving on, remember the growth of the public school system in the 1950s and '60s just to accommodate the baby boomers? Then the growth of the colleges and universities for these fledgling adult boomers? Then the growth in business and industry in the late 1970s and into the 1980s for older boomer execs? Now comes...

[Brian Luenser]

I have gone back and forth on the Stayton in the last year. I am back on board. This complex is really becoming impressive, both in its size and quality. I am getting excited about it. I still worry about enough rich old people to fill them. Pretty sure I would love to live there. If they did not allow dogs I would already have my deposit in. Most retirement places have age limits. If I had to guess the limits get pretty fluid depending on their initial sales. They may start out saying you have to be at least 60 but then when sales are disappointing it drops to 55. Then when they are panicking for money they say you can be as young as 25 if you have a bit of limp. Or know somebody that has a limp.

[John T Roberts]

Excellent photos, Brian.

[cberen1]

I have genuinely hoped for some time that having a few hundred upper middle class older people would create a lot of foot traffic to Montgomery Plaza and SO7. I could see the SO7 Bistro (or Grille now, I guess), doing well with those folks buying.

It sounds silly, but I wonder how are they going to get across 7th street? An athletic Frogger type would have trouble with it like it is now.

[ron4Life]

It sounds silly, but I wonder how are they going to get across 7th street? An athletic Frogger type would have trouble with it like it is now.

Hahahaha yeah good question, maybe they will use one of those volunteer workers with stop signs that help Elementary students cross the street at the end of the day hahahah... just kidding. But the facility looks fantastic, @Brian nice photos.