L.A. developer building 105 Palm Springs condos for LGBTQ seniors
Oct 15, 2019
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.
“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.
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KOAR International LLC Announces LGBTQ Condominium Community - Living Out Palm SpringsThe 55+ Luxury Condominium Complex to be Rich in Amenities and Celebrate Authentic LGBTQ Living
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KOAR International LLC
Sep 25, 2019, 12:13 ET
LOS ANGELES, Sept. 25, 2019 /PRNewswire/ -- Los Angeles-based real estate development company KOAR International LLC, announced today that it will break ground in the fourth quarter of 2019 on Living Out Palm Springs. Living Out Palm Springs is an active retirement community designed to meet the unique needs of LGBTQ adults. KOAR International owners and creators of Living Out Palm Springs, Loren S. Ostrow and Paul Alanis, have over 30+ years of experience in the development industry and Ostrow is recognized as a highly respected leader in the LGBTQ community for over 25 years.
Living Out Palm Springs will provide a safe, supportive and enriched environment in which LGBTQ seniors can live openly and thrive. LGBTQ seniors are currently faced with very limited options for welcoming and inclusive senior living environments. Living Out communities will celebrate the LGBTQ aging experience in a way that has yet to be realized. Living Out Palm Springs will be ideal for seniors who live in, travel to or would like to have a second home with resort-like amenities in the celebrated desert community of Palm Springs.
"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. The Living Out development will be the first of its kind in the Southern California area," said Loren S. Ostrow. "Living Out Palm Springs was...
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