News & Updates
Project Updates
Construction of OPAL progressing smoothly, on time and on budget
OPAL by element is our proud flagship, and we are very pleased that construction has been coming along very smoothly since it began at the end of February. We are on time and on budget, and excitement is mounting in the surrounding community, all along the Cambie Corridor as families watch this revolutionary Intergenerational Aging-and-Growing-in-Place…
Read MoreWestern Investor: Senior Housing Availability Takes a Nose Dive – demand pressures, with very little new supply
Western Investor full article: Senior Housing Availability Takes a Nose Dive Opal, a luxury seniors’ residence, will open in 2019 and is already seeing high registration. | OPAL by Element Highlights from the article, with corrections to the article highlighted in italics: Despite a willingness to pay rents three to four times higher than…
Read MoreOPAL making a difference: on the front cover of the Province
Download PDF here: Click here to download PDF of Original Cover and Article
Read MoreVancouver Sun and The Province: OPAL by element in the news, with live video interview of a purchaser who purchased for his mom and his in-laws
Original Articles available here, including an embedded live video interview: Vancouver Sun The Province Content copied from the articles: A development on the west side of Vancouver is among the new kinds of housing projects aimed at accommodating an aging population. Unlike some seniors’ housing complexes that restricts residents to 55 and older, the Opal…
Read MoreElement Lifestyle Retirement Enters Agreement to Purchase Property in Victoria Harbour for Development
To download a PDF of this news release CLICK HERE April 27, 2017, Vancouver, BC – Element Lifestyle Retirement Inc. (the “Company” or “Element”) (TSX.V: ELM) is pleased to announce that it has entered into an agreement to acquire a 1.96 acres commercial property located along the harbourside of Victoria at Bayview Place, British Columbia…
Read MoreOur purchaser shares his personal family experience leading to their commitment to OPAL
Douglas Guest has purchased two units, for his mom and his in-laws. He’s only 37 years old, but very much looks forward to his own children being able to spend quality time with both sides of the family, engaged in meaningful activities like cooking classes, arts and crafts, music, movies, ping pong and the like….
Read MoreOPAL has an average of 65 years of age, in contrast with the industry average of 87
Element receives excavation permit for OPAL project Tuesday, February 14, 2017 The City of Vancouver has issued an excavation permit to Element Lifestyle Retirement Inc. (Element) for OPAL, the developer’s flagship retirement residence in Cambie Village. Construction on OPAL is completely financed and construction is scheduled to begin immediately after a ground-breaking ceremony on February…
Read MoreIndustry News – Active Aging
Construction begins on innovative Canadian community Element Lifestyle Retirement’s flagship residence, OPAL by elementTM, broke ground in Vancouver, Canada, in February 2017 with a ceremony signifying the start of construction. Once complete, the aging-in-place community will span an entire city block on the city’s West Side. OPAL’s design combines with Element’s intergenerational approach to create…
Read MoreDrone aerial videography of our Groundbreaking milestone on February 21, 2017!
It was a truly momentous occasion. On this day, our intergenerational aging in place vision finally officially begins to be physically realized! Drone videography by Lift Marketing.
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