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L.A. developer building 105 Palm Springs condos for LGBTQ seniors

LA Daily News logo LA Daily News 10/14/2019 Jonathan Lansner
a boat is docked next to a pool of water: Pool at Living Out Palm Springs, a 105-unit condo community under construction in Palm Springs, It will serve the local LGBTQ community (Sketch courtesy KOAR) © Provided by MediaNews Group d/b/a Digital First Media Pool at Living Out Palm Springs, a 105-unit condo community under construction in Palm Springs, It will serve the local LGBTQ community (Sketch courtesy KOAR)
  • a group of palm trees in front of a building © Provided by MediaNews Group d/b/a Digital First Media

    Courtyard at Living Out Palm Springs, a 105-unit condo community under construction in Palm Springs, It will serve the local LGBTQ community (Sketch courtesy KOAR)

  • a group of people in a park © Provided by MediaNews Group d/b/a Digital First Media

    Dog park at Living Out Palm Springs, a 105-unit condo community under construction in Palm Springs, It will serve the local LGBTQ community (Sketch courtesy KOAR)

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  • a group of people in a garden © Provided by MediaNews Group d/b/a Digital First Media

    Garden at Living Out Palm Springs, a 105-unit condo community under construction in Palm Springs, It will serve the local LGBTQ community (Sketch courtesy KOAR)

  • a view of a yard © Provided by MediaNews Group d/b/a Digital First Media

    Pickleball at Living Out Palm Springs, a 105-unit condo community under construction in Palm Springs, It will serve the local LGBTQ community (Sketch courtesy KOAR)

  • a group of people standing in front of a building © Provided by MediaNews Group d/b/a Digital First Media

    Shopping at Living Out Palm Springs, a 105-unit condo community under construction in Palm Springs, It will serve the local LGBTQ community (Sketch courtesy KOAR)

  • a large pool of water © Provided by MediaNews Group d/b/a Digital First Media

    Pool at Living Out Palm Springs, a 105-unit condo community under construction in Palm Springs, It will serve the local LGBTQ community (Sketch courtesy KOAR)

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As developers try to meet the needs of the growing 55-plus homeowner market, a Palm Springs project is using a novel twist.

Living Out Palm Springs will be what developers are calling a “first of its kind” for Southern California: a 105-unit condo complex on 9 acres in at Tahquitz Canyon Way and Hermosa Drive in Palm Springs, targeting LGBTQ seniors. KOAR International, a Los Angeles-based builder, will offer units in either a one-bedroom/one-bathroom configuration or two-bedrooms/two-bathrooms. Prices start just under $700,000.

Living Out will feature the “iconic Mid-Century Modern style for which Palm Springs is famous” and include community features such as poll, spa, fitness center, pickleball courts and a coffee bar/lounge.

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“Knowing that too many LGBTQ seniors live in unsafe or even openly hostile environments, we wanted to address this issue that is near and dear to us by creating a safe and beautiful community for those 55 and over,” said KOAR owner Loren Ostrow. “Living Out Palm Springs was designed by, invested in and created by members of our community who recognize the unique needs we face as we begin the next chapters of our lives.”

Ostrow hopes this is the first of many Living Out complexes to be built nationwide around major LGBTQ communities.

“We want our Living Out communities to always be a part of an existing LGBTQ community because we believe that is the best way to provide the enriched, inclusive, active and authentic experience our brand is about.”

The National Association of Home Builders finds strong developer interest in all 55-plus projects, with some of its indexes tracking this market niche near record highs.

“We expect the 55-plus housing market to continue on a positive path moving forward,” said Karen Schroeder, chair of NAHB’s 55+ Housing Industry Council and vice president of Mayberry Homes in East Lansing, Mich.

NAHB Chief Economist Robert Dietz added: “Builder sentiment for the for-sale 55+ housing market also remains in positive territory, supported by low inventory of existing homes. However, it is being constrained by development costs and their impact on affordability.”

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