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New Century Wellness Group Case Study 22

Building for Wellness: The Business Case

January 30, 2015 

 

 

 

“Anyone in the industry who is not intently focused on sustainability and health is behind the curve,” according to William Gatti, president of TREK Development Group. TREK’s The Century Building includes 28 workforce apartments, 32 market-rate apartments, office, and retail. The building was fully leased within 90 days and has a 90 percent retention rate.

The value, for the developer, of building for wellness is clearly described through 13 development profiles, including The Century Building. Featured housing developments include:

  • master-planned communities such as Rancho Sahuarita in Arizona and Mueller in Texas,
  • mixed-income multifamily developments such as Via Verde in New York, and
  • market-rate apartments such as ECO Modern Flats in Arkansas and Via6 in Seattle.

Wellness features vary among projects, but often include:

  • Built fitness amenities, such as fitness or health centers, gardens, or open-air workout space
  • Bicycle storage, bike-sharing, or other bicycling support
  • Active design, such as prominent and active staircases or interconnected interior corridors
  • Spaces or programming for social interaction
  • Fitness programming, such as wellness seminars or a walking school bus
  • Clean indoor air through selection of materials or adoption of nonsmoking policies

Image: Eric Staudenmaier Photography

Source: Urban Land Institute

Author: Anita Kramer, Terry Lassar, Mark Federman, and Sara Hammerschmidt

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Tags: case studies, development, wellness, market demand

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Unformatted text preview: Step-By-Step Description of Project Planning Step-By-Step Description of Project Planning Step-By-Step Description of Project Planning Step-By-Step Description of Project Planning Step-By-Step Description of Project Planning How Do I Calculate the Critical Path? Step-By-Step Description of Project Planning Work Breakdown Structure Task No. Description Duration (Days) Predecessor Tasks 1 Develop Plan 3-2 Assign Tasks 4 1 3 Obtain Hardware 14 1 4 Programming 70 2 5 Install Hardware 10 3 6 Program Test 30 4 7 Write User Manual 21 5 8 Convert Files 20 5 9 System Test 25 6 10 User Training 20 7, 8 11 User Test 25 9, 10 Gantt Chart PERT/CPM Chart...
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