Element Lifestyle Retirement's flagship retirement residence in Cambie Village is primed to push above grade in the coming months as concrete slabs and columns shape the interior anatomy underground. The $106 million project will consist of approximately 140,000 square feet of residential space divided between 44 seniors condominium units, 56 seniors rental units, and 30 seniors complex care units.
Situated on the south side of King Edward between Yukon and Cambie, Opal aims to encompass the complete spectrum of lifestyles, from independent living and assisted living suites to memory care and licensed complex care. The diverse range of options on offer responds to Canada's growing senior population, a cohort that as of 2016, now outnumbers youth aged 14 and under.
Over 30,000 square feet of indoor and outdoor amenities devote space to a rooftop patio ideal for exercise sessions and other recreational activities. Four heated and covered courtyards on the main level, plus a sunken terrace on the lower level, provide additional places of respite for occupants. A number of other activity spaces, a fireside library lounge, piano lobby, fitness centre, art studios, games area, business centre, and theatre are designed to give residents a host of experiences.
As construction on the NORR Architects-designed complex nears grade, Element is setting their sights on expansion in China, where a wholly-owned Hong Kong subsidiary has been established to introduce its retirement community services to the world's most populous country. Element indicates that the demographics in China, which is experiencing a rapidly aging population, align with the mandate and services provided by the company.
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|Related Companies:||Element Lifestyle Retirement, NORR Architects|