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May 23, 2016

Multigenerational housing expands options in Houston

​​HOUSTON - Lennar Corp. has expanded its multigenerational home options in Houston.Lennar’s “Next Generation” home features a 2,200-to-3,500-sf main home, and a separate 500-to-600-sf private suite with its own living...
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by
Houston Business Journal

​​HOUSTON – Lennar Corp. has expanded its multigenerational home options in Houston.

Lennar’s “Next Generation” home features a 2,200-to-3,500-sf main home, and a separate 500-to-600-sf private suite with its own living room, kitchenette, bedroom and bathroom.

They range in price from the $250,000s to the $500,000s.

Today, about a quarter of adults ages 85 and older and a quarter of young adults ages 25 and 34 live in a multigenerational household, according to a Pew Research study from 2012. Those figures have increased in the past three decades, according to the study.
Lennar also found that increased housing and health care costs for seniors is driving more families to consider multigenerational home options.​

Lennar’s NextGen home is geared toward multigenerational living: Families with elderly parents, a recent college graduate, a relative with a disability or an adult child with special needs. 

As a family’s lifestyle changes, the NextGen suite can be transformed into a home office, entertainment space, in-home gym, a hobby room or a guest suite to host visitors for extended stays.

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Written by
Houston Business Journal
Last updated
Mar 28, 2024

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