Seniors housing developers compete for Global Award

trophy NEW YORK: The one hundred and thirty-fifth entry for the seniors housing Global Awards 2016 has been received.

The creators of a new apartment building in Rockville think there’s a growing market for older adults who don’t want to move into a traditional age-restricted retirement community.

Rockville-based developer Federal Realty Investment Trust and Baltimore-based development and management services company Smart Living 360 had that in mind when building The Stories at Congressional Plaza, a five-floor, 48-unit apartment building behind the Congressional Plaza shopping center that welcomes tenants of all ages, but offers features geared toward baby boomers moving out of their homes. Move-ins at the building will start this month.

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Global Over 50s Housing/Healthcare Awards.