Top Wellness Residential Real Estate Developments in the USA
Selene NYC by Norman Foster
Introduction to Residential Wellness Real Estate
Healthy buildings and residential wellness real estate have seen rising demand in recent years, as more people prioritize their health and wellbeing in their living spaces, so real estate investors and developers have caught on fast to the value-add of applying healthy building strategies to the home.
This type of real estate focuses on creating environments that promote overall wellness, both physically and mentally.
It takes into consideration various factors such as air and water quality, access to natural light, and the integration of fitness facilities, active design and wellness spaces.
The concept of wellness real estate is not just limited to residential developments; to great extent it also extends to commercial spaces, hotels, and even entire communities however here we focus on increasing investor awareness around the residential real estate sector here in the USA.
What are the benefits of healthy building strategies in a residential context?
The idea is to create environments that foster a holistic approach to living, where people can achieve a balanced lifestyle that includes work, leisure, and wellness.
There was increased demand prior to COVID but in the aftermath we have seen a tangible shift as wellness study after wellness study reports on the desire to incorporate health into luxury homes.
The increasing demand for these types of spaces has led to a growing number of developments across the United States, as developers and architects strive to meet the needs of health-conscious consumers.
There is clearly now a new investor consensus backing healthy building strategies in the asset value creation process. So let's get into it!
the park santa monica residences rooftop
The Importance of Wellness Residences and Healthy Buildings
As people spend more time indoors, the quality of their living environments plays a significant role in their overall health and wellbeing. Interestingly, the connection between personal and societal health is becoming ever clearer.
Healthy buildings promote better physical and mental health by ensuring that residents have access to clean air, natural light, and a comfortable indoor temperature.
Going beyond healthy buildings into advanced human health
Wellness residences, on the other hand, go beyond the basic requirements of a healthy building by incorporating wellness features and amenities that cater to the residents' fitness and relaxation needs.
These may include state-of-the-art fitness centers, spa facilities, meditation rooms, and outdoor spaces designed for relaxation and recreation.
WELL Certification and its Role in Wellness Real Estate
53 West 53 residents pool
WELL Certification is an important aspect to keep in mind during any discussion of wellness real estate, as it sets the standard for healthy buildings and wellness interiors.
Administered by the International WELL Building Institute (IWBI), the WELL Building Standard is a performance-based system that measures, certifies, and monitors the features of buildings that impact human health and well-being.
WELL Certification covers various aspects of building design, including air and water quality, lighting, fitness, and comfort.
It helps developers and architects design spaces that promote wellness and attract health-conscious buyers.
Why certify a residential development?
As consumers become more aware of the importance of wellness residences, WELL Certification is likely to become an increasingly relevant factor in their decision-making process.
The growth and broad adoption of this certification itself can demonstrate strong demand for healthy buildings such as the residences we cover below.
In future we expect to see a more concerted focus on energy efficiency, operational strategies, green walls, giving back to the local community and a more overt consideration for a healthy built environment geared for occupant health (e.g. healthy interiors).
Key Features of Wellness Interiors and Branded Residences
Wellness interiors and branded residences are designed to promote a healthy living environment and provide residents with next-level wellness experiences.
Some of the key features of wellness interiors include:
Indoor air quality:
Wellness residences prioritize indoor air quality by using advanced air filtration systems, humidity control, and low-VOC materials. This helps to create a healthier and more comfortable living environment.
Natural light and circadian lighting:
Access to natural light is crucial for maintaining a healthy circadian rhythm and promoting overall well-being.
Wellness residences often feature large windows and open floor plans to maximize natural light, and may also incorporate circadian lighting systems that adjust the color temperature of artificial light throughout the day to mimic natural daylight patterns.
Fitness facilities:
Wellness residences typically include state-of-the-art fitness facilities, such as gyms, yoga studios, and personal training rooms.
These amenities encourage residents to maintain an active lifestyle and prioritize their physical health.
Spa and relaxation areas:
To promote relaxation and stress reduction, wellness residences often feature spa facilities, meditation rooms, and outdoor spaces designed for leisure and relaxation.
Sustainable and eco-friendly materials:
Wellness residences are often built using sustainable materials and eco-friendly practices, emphasizing the connection between personal well-being and environmental health.
Less focus on active design?
For now, we see active design playing out more in office real estate, coworking and coliving contexts rather than residential.
Even if having an active stairwell and extensive active travel facilities on site can measurably improve physical activity levels amongst building occupants, it may be that investment decision making and capital allocation decisions zero in on other elements of occupant health.
53 West 53 residents gym
53 West 53 NYC: A Luxury Wellness Residence in Manhattan
53 West 53 NYC is a luxury wellness residence located in the heart of Manhattan. Designed by renowned architect Jean Nouvel, this residential tower offers a unique blend of modern design and wellness amenities, making it an ideal choice for health-conscious buyers seeking luxury living in New York City.
The building features a state-of-the-art fitness center, complete with a 65-foot lap pool, a yoga and pilates studio, and a private training room.
Residents can also enjoy spa facilities, including a sauna, steam room, and private massage rooms.
Additionally, 53 West 53 NYC prioritizes indoor air quality with advanced air filtration systems and low-VOC materials, ensuring a healthy living environment for its residents.
Selene NYC: Embracing Wellness in the Heart of the City
Selene NYC is another exceptional wellness residence located in the bustling city of New York. This luxury development embodies the essence of wellness living, offering a wide range of amenities that cater to the physical, mental, and emotional well-being of its residents.
The building's wellness amenity package includes a state-of-the-art fitness center, a spa with a sauna and steam room, and a rooftop terrace with an outdoor yoga studio.
Additionally, Selene NYC features a serene meditation garden, providing residents with a tranquil space to relax and unwind amidst the chaos of urban living.
https://selenenewyork.com/explore
the park santa monica residences
The Park Santa Monica: Coastal Wellness Living in California
The Park Santa Monica is a luxury wellness residence located in the picturesque coastal city of Santa Monica, California.
It features a fully-equipped fitness center, complete with a yoga studio and a rooftop pool that offers ocean views.
The building also prioritizes sustainability, incorporating eco-friendly materials and practices in its design.
In addition, residents can enjoy easy access to the beach (a form of biophilia obviously)and the city's numerous parks and recreational spaces, making it an ideal choice for those seeking a healthy and active lifestyle.
Water Street, wellness residences, Tampa
Water Street Tampa: A Vibrant Wellness Community in Florida
Water Street Tampa is a groundbreaking wellness community located in the heart of Tampa, Florida.
This master-planned development spans over 50 acres and includes a mix of residential, commercial, and recreational spaces, all designed with wellness in mind.
The residential offerings at Water Street Tampa include wellness residences with features such as advanced air and water filtration systems and circadian lighting.
The community also boasts an extensive array of fitness and wellness facilities, including gyms, yoga studios, and spa facilities.
In addition, residents can enjoy easy access to the city's waterfront, parks, and recreational spaces, promoting an active and healthy lifestyle.
Comparing the Wellness Offerings of 53 West 53 NYC, Selene NYC, The Park Santa Monica, and Water Street Tampa
Some key similarities and differences between the wellness offerings of these four residential healthy buildings and wellness real estate developments include:
Fitness facilities: All four developments boast state-of-the-art fitness centers, with some offering additional features such as yoga studios, personal training rooms, and rooftop pools.
Spa and relaxation areas: Each development provides spa facilities and relaxation spaces, such as saunas, steam rooms, meditation rooms, and outdoor terraces.
Indoor air quality and healthy building materials: All four developments prioritize indoor air quality through advanced filtration systems and the use of low-VOC materials.
Access to outdoor spaces: The Park Santa Monica and Water Street Tampa stand out for their close proximity to beaches, parks, and recreational spaces, encouraging residents to enjoy the outdoors and maintain an active lifestyle.
The future of wellness residences in the USA
Innovation in the residential healthy buildings sector
As the demand for health and wellness real estate continues to rise, it is likely that even more innovative and more health and wellness-focused developments will emerge in the coming years, leaving significant room for new market entrants to make their mark with their own USPs inspired by ESG investment strategies on one side and healthy building strategies on the other.