Intergenerational Forum A Design Perspective 1

Considerations on Designing for new markets Ageing Trends

The Pattern of Change Key Change Drivers. The Rate of Change “...technological change is exponential, contrary to the common-sense intuitive linear view. So we won’t experience 100 years of progress in the 21st century, it will be more like 20,000 years of progress.” Ray Kurzweil Born Feb 1948 Computer Science & Literature, MIT Founder, chairman & CEO Kurzweil Technologies Inc Co-founder, chairman & CEO of K-NFB Reading Technology Co-founder, chairman & CEO of Ray & Terry’s Longevity Products 3

Product Spectrum Community focus Retirement Community focus Care Virtual retirement communities Urban planned solutions Lifestyle / stand alone facilities Continuous care models: Integrated Co-located Residential aged care settings Virtual Nursing Homes 4

Product Spectrum Virtual retirement communities Commercial zones. Vinegar Hill Servicemen's Club with car parking for 300 cars. Transition care and teaching hospital. McCall's Residential Aged Care. Aged care information and education centre. McCall's administration. Community Medical Emergency Centre. Low density housing. Medium density housing; overs and unders. 2 to 3 storey apartments. Secondary community facilities. Product Spectrum Virtual retirement communities Urban planned solutions. Lifestyle / stand alone facilities Continuous care models; integrated and co-located Residential aged care settings Virtual Nursing Homes Richmond NSW 5

Summary Trends and observations Continuing Care Communities Community Options Product Spectrum Technology Future Products Continuing care communities are an emerging product in the Australian marketplace. 6

Summary Trends and observations Continuing Care Communities Community Options Product Spectrum Technology Future Products Virtual villages and managed care solutions will increase in prominence as will smaller cluster neighbourhood developments connected socially into the urban fabric 7

Summary Trends and observations Continuing Care Communities Community Options Product Spectrum Technology Future Products The Australian Product spectrum will continue to broaden with the emergence of more targeted projects. 8

Summary Trends and observations Continuing Care Communities Community Options Product Spectrum Technology Future Products Future Products Will be designed for specific target groups Will have a clear and compelling story Rate of change particularly in the technology areas could be exponential Will probably not be branded with aged specific terminology 9

Summary Continuing Care Communities Community Options Product Spectrum Technology Future Products 10