As part of the Housing Needs Assessment, a series of focus groups were conducted among older residents to solicit feedback regarding their specific housing situation. Nearly 56 percent saw a need for some sort of senior housing including assisted living, low-income rentals, and for-sale condominiums. Many Universities all around the country are finding that retirees are returning the their Alumni not just to visit, but to reside in the place they where once enrolled.
The Eyde Company of Lansing, MI would welcome a joint venture / land contribution on this wonderful senior housing space and leasing opportunity. The East Lansing area has seen large gains in the senior and baby boomer population and a moderate decrease in the size of the younger age category.