Classic Residence by Hyatt in Palo Alto Marks Grand Opening of $370 Million Continuing Care Retirement Community
PALO ALTO, CA, OCTOBER 17, 2005CCRCs are a popular senior living option because of their unique services and distinctive amenities. For example, residents of Classic Residence by Hyatt enjoy exceptional culinary creations prepared by an executive chef who receives training at the Culinary Institute of America. Classic Residence by Hyatt's maintenance-free lifestyle including concierge assistance, valet service, housekeeping, and maintenance allows residents to enjoy activities such as lectures, musical events, book discussions, and area excursions. The community also features a full-service spa; state-of-the-art, 1,500-square-foot fitness center; and indoor swimming pool. Plus residents can choose from fitness classes that include Pilates, yoga and tai chi.
The community's continuing care program provides residents with access to the on-site care center featuring assisted living, skilled nursing, and memory support/Alzheimer's care. These services are included for residents who qualify.
"The opening of Classic Residence by Hyatt in Palo Alto marks a milestone for our company," said Stanford alumna Penny Pritzker (J.D., M.B.A.), chairman and chief executive officer of Classic Residence by Hyatt. "Today, senior living communities situated on or near college campuses appeal to older adults because the active environment helps them to stay healthier. Residents have an incredible opportunity to forge new friendships and take part in activities and classes, all in a stimulating and vibrant community."
Classic Residence by Hyatt in Palo Alto features 388 one-, two-, and three-bedroom luxury residences, each with a terrace or balcony, many with dens. The community's seven El Dorado apartment homes, each with more than 4,200 square feet of living space, are among the most spacious senior living residences in the nation.
Classic Residence by Hyatt is a national leader in luxury senior living that currently owns, manages, and markets upscale senior living communities in Scottsdale, Ariz.; Monterey, Calif.; Palo Alto, Calif.; San Diego, Calif.; Aventura, Fla.; Boca Raton, Fla.; Hollywood, Fla.; Lantana, Fla.; Naples, Fla.; Plantation, Fla.; Pompano Beach, Fla.; Glenview, Ill.; Chevy Chase, Md.; Reno, Nev.; Teaneck, N.J.; Yonkers, N.Y.; Hilton Head Island, S.C.; and Dallas, Texas. Classic Residence by Hyatt’s three newest continuing care retirement communities are under development in Highlands Ranch, Colo., Dallas, Texas and Scottsdale, Ariz. A major expansion is underway in San Diego, Calif. Classic Residence by Hyatt communities have earned honors for being among the nation’s finest, including Platinum, Gold and Silver Achievement Awards from the National Association of Home Builders 50+ Housing Council. The toll-free corporate number is 1-800-421-1442, and the company’s Web site is at http://www.hyattclassic.com/.

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