A Tower Designed for Older Adults to Rise in Philadelphia's Center City

A luxury housing development for seniors is planned for Philadelphia's Center City intersection, reports the Philadelphia Tribune . Developer Brickstone Realty has filed a permit to build a 24-story, 300-apartment residential structure. Benchmark Senior Living will own and operate the building, which will also feature 80 bike parking spots and ground-floor retail space. Brickstone Principal John Connor said the complex would be limited to residents 62 or older. He noted, "There's an unbelievable demand for these kinds of units. It's been successful in other formats, suburban formats. But it's time for that industry to move into the urban experience." Connor went on to describe the project as a "highly-amenitized building" and said that Brickstone is wagering big on the explosive demand for luxury senior housing, including assisted living and memory care for more infirm residents.