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<br />Market Analysis for Downtown Redevelopment ***Draft*** <br />City of Centerville Economic Development Authority <br />April 3, 2023 <br />A.8Memory Care Assisted Living Demand in Primary Market Area, 2022 and 2027 <br />20222027 <br />Population Age 75 to 84 5,141 6,772 <br />1 <br />Alzheimer's Incidence <br />13%13% <br /> 887673 <br />Population Age 84+ 2,019 2,180 <br />1 <br />Alzheimer's Incidence 33%33% <br /> 724670 <br />Population suffering from Alzheimer's Dementia1,3441,611 <br />1 <br />Population suffering from Dementia not caused by Alzheimer's <br />188226 <br />Estimated Population with Dementia1,5321,836 <br />Proportion needing Memory Care Assisted Living20%20% <br />Memory Care Demand from PMA306367 <br />Demand from Outside PMA20%20% <br />383459 <br />Minus Existing and Planned MC Beds in the PMA at 93% Occupancy374374 <br />Beds/Units needed in the Primary Market Area985 <br />Estimated percentage capturable by Downtown Centerville10%-20%10%-20% <br />Demand at site1-29-17 <br />1. Alzheimer's Disease Facts and Figures. Alzheimer's Association. 2022. <br />Source: LOCi Consulting LLC <br /> <br /> <br />Page | 98 <br /> <br />