Prepared by the Wellness Communities Initiative
The purpose of this document is to help inform and guide the effective development of wellness communities around the globe. It was created by an international group of business leaders with active commercial interests in the development of wellness communities and wellness lifestyle real estate, now estimated to be a $100B global marketplace. It is intended to serve as an informative resource, which will be updated over time as the marketplace matures, and is designed to answer four key questions including:
1. What is a “Wellness Community”?
2. What are the minimum criteria recommended to consider a community “well”?
3. What other criteria may be considered?
4. What measures – qualitative and quantitative – should be considered when attempting to attract, justify and/or measure investment in this type of real estate?