Senior Housing News recently featured Belmont Village Sante Fe, the company’s first Mexico City location, for its innovative mixed-use development. The community offers memory care, assisted living, underground parking, a Hyatt hotel, and a sky bridge to a hospital in a single building. This creative use of space offers additional walkability and ways to deliver care.
Four Creative Approaches to Mixed-Use Senior Living
When Houston-based senior housing owner and operator Belmont Village Senior Living prepared to open a $55 million mixed-use assisted living and memory care tower in Mexico City, Belmont Village CEO Patricia Will saw a very small piece of acreage with room to build up, not out.
The mixed-use approach made sense due to the city’s population and land density.
“It made sense if you can conquer that [density] problem to put more than one use on the land,” Will says.
The Mexico City investors found the land. Belmont Village took over after that. Will and her team created Belmont Village Santa Fe (BVSF), which is mixed-use in two ways. First, in its own building it offers retail and restaurants on the ground floor, 11 stories of senior housing, an eight-story Hyatt Hotel above the senior housing and underground parking. All of this sits on just an acre and a half of land.