Bridging the Gap
Creating Vibrant Communities through Mixed-Generational Design
The multifamily market in the United States continues to prosper, driven by an increase in home prices and record-level interest rates. For many, renting continues to be significantly more economical than owning a home. As a result, such a competitive environment requires that developers and owners not only provide quality housing along with innovative services and amenities, but also pursue a multi-demographic focus.
With approximately 42 million households headed by individuals aged 55 and older and 73 million Americans aged 20-34—the prime years for renting—well-positioned multifamily properties have the opportunity to transcend the age gap by creating thriving developments intentionally designed for people of different generations with collective interests. The goal is to establish a harmonious forward-thinking community where families, young professionals, and seniors coexist, sharing key spaces and amenities.
With this aim in mind, mixed-generational mixed-income properties like Alta Oxbow in Wayland, Massachusetts are creating the community cohesion renters are seeking. The $62M master planned development is formed by three distinct residential buildings and a central clubhouse serving as the nexus of the 362,000 square foot campus. The design program represents a composition that is well suited for Millennials, Generation-Xers, and empty nesters alike. Of the 218 one-, two- and three-bedroom apartments, 66 units are tailored for active adults aged 55+, in a standalone structure with private common spaces.
Shared amenities with defined intimate areas and options for groups create socially active spaces that emphasize inclusivity, regardless of age. The double-height, light-filled clubhouse is ideal for entertaining, social gatherings, and offers flexible work-from-home options with co-working spaces and a conference room. Thoughtfully programmed with a state-of-the-art fitness center, makerspaces, an on-site library, a golf simulator, 24-hour package rooms, and resident lounge with grab-and-go coffee station – the space caters to residents’ diverse needs. Alta Oxbow’s campus-like setting is a vibrant hub with recreational areas, green spaces, fire pits and grilling stations, walking trails, flexible seating areas, a dog spa, and an outdoor pool.
The result is a rich social fabric of different generations where diverse experiences and perspectives intersect, creating a healthy community and sense of belonging for all.
