Business Journal: More Seniors Housing In The Works

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(Sacramento, CA)
Tuesday, November 15, 2005

The County Fair Mall in Woodland has been less than prosperous in recent years … and has decided to cut free 38 acres once held for expansion. K Hovnanian Forecast Homes is looking to build 267 homes on the site, most of them attached housing, for buyers over age 55.

The city’s planning commission will weigh whether to rezone this retail land for housing. Hovnanian has two other seniors-only projects pending in the region – one in El Dorado Hills, the other in Natomas. Seniors-only housing with a small town feel often has market appeal, which is in the project’s favor.