
Working with Tate Research:
The seniors’ housing market is growing rapidly in Canada. Tate Research is actively involved in the planning and demand forecasting of seniors housing:
Many municipalities have not planned sufficient seniors housing in appropriate locations. As such, planning amendments are required through land redesignations and rezoning. Tate Research has extensive experience with analysis of the impacts of seniors housing on land that is currently designated for other uses, such as employment (industrial) or commercial. These studies are often required by municipalities for development approvals of seniors housing.
Changing trends have provided opportunities for seniors housing in underutilized space in traditional shopping centres. Seniors’ developers can capitalize on the availability of sites in these non- traditional markets. These types of developments allow seniors to take advantage of proximity to retail and service space, provides access to established transit routes and the addition of seniors on a commercial site provides support to the existing retail uses. A true “win- win” situation for all involved.
Tate Research has conducted market demand analysis studies for proposed seniors housing projects. These studies include a detailed analysis of population, demographics, and competitive supply. These studies have been designed for internal assessment of market opportunities by developers, for development approvals by municipalities and in support of financing for new projects.
Tate can assist with sourcing optimal locations for seniors’ developments, based on site attributes and market demand analysis.
Tate has conducted seniors analysis in the Greater Toronto Hamilton Area and in and around the Greater Ottawa Areas, as well as other communities throughout the province. Market areas include Arnprior, Belleville, Bradford, Guelph, Owen Sound, Peterborough, Sarnia, Simcoe, Waterloo, Windsor, and others.
Please reach out to talk with us about your Seniors Community development research needs.