Article: Co-Housing

Several people have discussed this topic before. I found this in SmartMoney magazine's website and thought some of you might find it interesting.

Hippie Retirement: High-End ‘Communes’ in Co-housing
SmartMoney Feb 02, 2012
Full article: http://blogs.smartmoney.com/encore/2012/02/02/hippie-retirement-high-end-communes/

(Excerpt) "After spending nearly three decades in St. Louis, Kathyrn McKay says she was ready to relocate to a “more progressive” city. On a visit to Boulder, the then-57-year-old retiree found just that, though the living arrangement wasn’t what she had expected: a so-called co-housing complex for adults called Silver Sage. “I loved the sense of community I felt there,” she says.

Co-housing projects for older Americans, communities of homes on shared land that residents build and operate themselves, are on the rise. The first such development, Glacier Circle in Davis, Calif., opened in 2006. Since then, at least three more have been built — including ElderSpirit in Abingdon, Virginia and ElderGrace in Santa Fe, N.M — and roughly another eight will be under construction by the end of this year, says Charles Durrett, a co-founder of co-housing development company McCamant & Durrett Architects and author of “Creating Cohousing: Building Sustainable Communities.”