Each day, more than 10,000 Americans reach retirement age—and that will be the case for the next 19 years. But while senior housing developments for the wealthy are popping up everywhere, affordable senior housing for the majority of elderly adults on fixed incomes is scarce.
By reducing construction costs and time to market, modular construction offers a solution to the senior housing crisis, and Prefab Logic is helping developers of senior living communities by making modular possible for their projects.
Prefab Logic’s current affordable senior living facility project is Oakland International Seniors, the largest affordable complex for seniors in the Bay Area currently in development. When completed, it will be a 529-unit, five-level modular project built over one level of parking/amenity space and a concrete podium. Senior living developer AMG & Associates, LLC/The Pacific Companies originally planned for the complex to be conventionally built, but once they determined the time and expense of the project, they sought alternative solutions to keep rental rates down while continuing to provide high-quality, well-designed residences for low and moderate-income seniors.
Prefab Logic turned their conventional construction designs into modular-friendly plans for both the modular manufacturer and state authorities. The project is scheduled to break ground in 2018.