On this episode of the #BuildingBN podcast, CEO Patrick Hoban sits down with Matt Riehle, CEO of Westminster Village.

Host:

⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Patrick Hoban: CEO, Bloomington-Normal Economic Development Council ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Guest:

Matt Riehle: CEO, Westminster Village

Websites: 

Bloomington-Normal Economic Development Council

Westminster Village

Takeaways:

• Westminster Village serves 430-450 residents daily.
• The community offers a full continuum of care from independent living to skilled nursing.
• There is a significant waiting list for senior housing, indicating high demand.
• Demographic trends show a growing population of individuals over 65.
• Economic development is crucial for supporting community needs and services.
• Westminster Village contributes significantly to the local economy through employment and services.
• The aging population is changing the housing market dynamics.
• Local partnerships are essential for workforce development and community engagement.
• The importance of maintaining a local identity and brand in senior care.
• The need for more affordable housing options for both seniors and workforce members.