Here's a startling statistic: At the Devonshire retirementcommunity in west suburban Lisle, 93 percent of the residents havechildren who live nearby. That's much higher than the proportionamong neighboring homeowners.
The pull of the child-parent relationship restrains a lot ofseniors from retiring to Florida or Arizona, according to thedeveloper, Prime Group. The message of this finding: Our family ishere - why move away?
Developers - ranging from major national companies such as HyattCorp. and Prime Group to religious-affiliated agencies - supplyretirement housing to people who want to stay in the Chicagometropolitan area.
Children of retirees often …

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