We can help with the steps in the design and approval process to develop a Senior's Residence in your area of B.C.

Ask yourself these questions:
1) How large is the demand for a seniors style of residence - ie., 100 suites?
2) What's the ideal size of suites to be offered?
3) What is the mix between studio, 1, & 2 bedroom suites?
4) What amenities could be built into the building?
5) How large should the dining room be to accommodate residents and their guests?

Is it better to have a building with rental or self owned suites? A rental building may be easier to manage, but a building with strata titled suites has advantages:
1) the construction financing lender will be willing to lend a higher percentage of cost if the developer can show presales to confirm viability of the project;
2) a local buyer can select a suite during the presale period and have enough lead time to sell their current home before they complete their purchase;
3) an owner occupant has lower monthly costs for services which can be paid with government pension(s) and other retirement income;
4) others can buy suites for a future family use and rent as an investment through the manager to other rental occupants before that use;
5) the landowner/developer can pay off the construction loan and get their development profits from sale proceeds of strata lots; and,
6) the landowner/developer can chose to keep the commercial strata lot (leased to the manager as an area to prepare and distribute services to occupants) as a future stream of income.

Call us at (604) 230-9392 so we can discuss a fully integrated array of services to make your development with Shelter building services a "turn key" experience.