Cordia Eyes First Anniversary In Traverse City
Traverse City’s retirement living options continue to expand, responding to the ever-increasing need as the community continues on its growth trajectory for the retiree population.
Cordia senior residential club is coming up on its one-year anniversary at The Village at Grand Traverse Commons. The senior living community brought a new model of living for the 60 and over crowd when it opened in Traverse City last November, with its focus “less on senior” and more on living.
The 113,000 square foot facility includes 110 residential units and 92 different floor plans – ranging from 430 square feet to nearly 1,000 – and boasts 30,000 square feet of common space.
President and CEO Karen Anderson said she is pleased with the response so far, with occupancy at 40 percent, slightly lower than predicted when the facility first opened its doors.
“We target 20 to 24 months for full capacity,” said Anderson. “We’re just finishing up month 10.”
So, who has moved in?
“Right now our members range in age from 62 to 98, so we have four decades of experiences and perspectives in the building,” she said.
Fifteen percent are couples, one-third are men, 25 percent have pets. “That’s a big one because a lot of people think they’ll have to get rid of their pets,” she added.
Anderson said “awareness” about the Commons redevelopment, as well as Cordia itself, is a big focus area for the Cordia team right now.
“We continue to tell the story,” she added. “We had 375 people through on the recent Home Tour … we’d talk about The Mercato (the adjacent indoor shopping and dining area) and many we’re not familiar with it. We may be the best kept secret in Traverse City!”
Anderson said Cordia is also still working to understand the rhythms of the Traverse City market.
“This is a very fluid retirement community,” adding that some residents left Cordia for the summer to stay at summer cottages while families visited and others go away for a few months during the winter.
Cordia owns and operates one other facility – Cordia Senior Residence in Westmont, just outside of Chicago, that opened in 2002.