Thanks to sophisticated and innovative technology, it is easier than ever to collect data about senior living. The key is to use this information effectively to meet the needs of residents, appeal to prospects, plan renovations, and new builds, and watch for trends and emerging challenges. In essence, data and analytics help assess and manage the present and predict the future.

A recent webinar, The New Senior Consumer: Data and Analytics, offered some powerful insights into how data is revolutionizing senior living.

Pi has submitted Westminster in Austin, TX, for a 2024 Senior Housing News Architecture and Design Award. “This community stands as a testament to innovative senior living,” said Greg Hunteman, AIA, Pi president. He added, “Westminster was a trailblazer, being the first in Texas to combine the privacy of apartment homes with the services of a 24/7 on-site health center, and to offer the Life Care option, ensuring a predictable way to receive and pay for care services.” Over the decades, Westminster has undergone multiple expansions and reinvestments, reinforcing its status as Austin’s premier Life Plan community.

A recent report from the McKinsey Health Institute confirms what we’ve been saying about aging and the need to create and reposition senior communities to appeal to this growing population. Findings from a survey of more than 21,000 older adults (those aged 55 and older) showed that these individuals prioritize having a purpose, managing stress, enjoying meaningful connections with others, and maintaining independence.