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  #21  
Old Posted Oct 28, 2021, 6:19 PM
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S.F.'s next luxury housing project is charging $27,000 a month. It's aimed at senior citizens
J.K. Dineen
Oct. 28, 2021
Updated: Oct. 28, 2021 8:43 a.m.

For the past decade luxury rental housing built in San Francisco has targeted the young: engineers and start-up entrepreneurs who made the city a global center for tech-driven wealth.

But that may be changing. The city’s next luxury housing project — with two-bedroom units starting at $16,600 and topping out at $27,000 a month — is aimed not at 30-somethings with IPO riches but rather wealthy seniors old enough to be their grandparents.

Two national developers, Related and Atria Senior Living, have joined together to form Coterie, a senior housing development company whose first two offerings will be in San Francisco and New York. In San Francisco the company is building Coterie Cathedral Hill, a 208-unit apartment complex at 1001 Van Ness Ave., which will open in March of 2022. A second development, in Manhattan’s Hudson Yards, is slated to open late next year.

Residents at the 13-story Van Ness Avenue building, on the site of the former KRON-4 studio, will get three meals a day prepared by a team of Michelin-rated chefs. There will be a formal dining room, a more casual spot, a cafe and a bar with a full liquor license. Or if residents prefer to eat in their unit, room service is available.

There will be a Mercedes Sprinter van to take groups of guests to exhibits at SFMOMA or a play at the American Conservatory Theater, or chauffeured town cars available to whisk residents downtown or to Palace of Fine Arts. The building will include on-site private healthcare facilities with “treatment and diagnostic capabilities,” fitness centers curated by Mayo Clinic, a movie theater, tailored nutrition and diet plans, yoga studios, heated pools, rooftop gardens, salons and classes.

Atria CEO John Moore said that the model for Coterie was inspired by the success of a senior housing development they own on West 86th Street in Manhattan, which has a long waiting list and commands rents over $20,000. Senior housing tends to be in suburban settings in warm weather cities, and while that appeals to many retirees, it is not for everyone, he said . . . .

The model will also appeal to older boomers who raised their kids in the suburbs, moved into urban centers as “empty-nesters” 15 or 20 years ago, and are now entering their mid- or late-70s.

“Everything you do at 50 you can do at 60 and even at 70,” said Moore. “But at some point daily living might be easier or better if you don’t have to cook for yourself, or it might be easier or better if you can get some help with bathing or dressing or transportation.”
https://www.sfchronicle.com/sf/artic...e-16569406.php

I thought someday I might be living here . . . but I guess not.
     
     
  #22  
Old Posted Dec 14, 2021, 10:19 PM
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Quote:
Senior Housing At 1001 Van Ness Avenue Nears Completion, San Francisco
BY: ANDREW NELSON 5:30 AM ON DECEMBER 14, 2021

Construction is finishing up on Coterie Cathedral Hill, a luxury senior housing development at 1001 Van Ness Avenue in San Francisco’s small Cathedral Hill neighborhood. The project adds 209 new units to the poorly supplied market of high-end senior housing. Coterie Cathedral Hill will be just the second project for the new Coterie Brand, a collaboration between Related Companies and Atria Senior Living.

. . . the 146-foot tall structure will create 270,000 square feet, adding 209 assisted living units ranging from studios to two-bedrooms, as well as eleven townhouses built along Myrtle Street. The main entrance for the apartments is set back from Myrtle street, allowing for a landscaped plaza with seating for guests and residents. Parking will be included for 47 vehicles on-site.

The building will feature a variety of amenities and services aiming to make the high prices well worth the cost. There will be a private health care facility on-site with treatment and diagnostic capabilities. Leisure amenities will include the fitness center, a movie theater, a yoga studio, heated pools, rooftop gardens, and salons. Other services will include classes, diet planning, and arranging vehicle rides across the city.

A landscaped plaza will be included beside the main entrance, set back from the street to provide an oasis bridging guests from the bustling Van Ness Avenue into the main lobby. 7,000 square feet of ground-floor retail will be opened up facing Van Ness. More new trees, decorative pavers, concrete seat-wall elements, and upgraded lighting will be included along Myrtle Street.

Handel Architects is responsible for the design. The facade will feature a collage of material choices ranging from curtain-wall and gold hues, white fiber cement panels, and brick for the townhouses along Myrtle Street. The townhomes will be called the Myrtle Flats . . . .

Coterie Cathedral Hill is expected to welcome its first residents in March 2022.

Units will reportedly rent between $16-27,000 per month or nearly a third of a million dollars per year. The Sales Gallery for 1001 Van Ness is now open.

The next Coterie will be opening up in New York City. Those following New York City development will undoubtedly be aware of the Hudson Yards development, the new super-tall neighborhood developed by Related Companies across 28 acres over an active railyard. Among the 16 structures in the $25 billion development project is 451 Tenth Avenue, including senior housing, market-rate units, and an Equinox fitness center.








https://sfyimby.com/2021/12/senior-h...francisco.html
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  #23  
Old Posted Dec 14, 2021, 10:28 PM
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Those pictures are so nice, I thought the first one was a rendering. This one turned out really well. Nothing to write home about, architecturally, but good, high quality infill.
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  #24  
Old Posted Dec 14, 2021, 11:08 PM
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Originally Posted by colemonkee View Post
Those pictures are so nice, I thought the first one was a rendering. This one turned out really well. Nothing to write home about, architecturally, but good, high quality infill.
The photographer tried to capture the same angles as the renderings.
     
     
  #25  
Old Posted Dec 20, 2021, 5:00 PM
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Nice solid infill, and great photos as always.
     
     
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