TNO June 21
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This Pride Month, the Seattle LGBTQ community can celebrate that it will soon have a newly built senior center to call its own. The GenPride center will be at the base of Pride Place, a $52.2 million project that includes 118 income restricted apartments. Under construction in the heart of Capitol Hill, Seattle's gay district, it's the state's first LGBTQIA+ senior housing community.
There are LGBTQ-focused housing projects elsewhere in the country. As Puget Sound Business Journal's Marc Stiles reports, what's unique about Pride Place is that community organization GenPride will own the ground-floor senior center.
- The development: Sprang from Aging with Pride: National Health, Aging, Sexuality/Gender Study, the first study to follow the lives of LGBTQ people, which examined whether they age differently than straight people.
- Findings: LGBTQ people are more likely to experience poverty, are at higher risk for illness and often face both discrimination and difficulty finding culturally competent care.
- Since 2018: GenPride's budget has grown from $175,000 to just over $950,000
GenPride Executive Director Steven Knipp said isolation of LGBTQ seniors creates "a big historical knowledge gap of what are our generation experienced and accomplished. That was kind of being lost."
Here are other top stories from around the ACBJ network:
- Union Station is prepping for a facelift, as the the Federal Railroad Administration put forth its first concepts for the reimagined downtown Washington, D.C., transit hub.
- If the deal to combine Atrium Health and Advocate Aurora Health is approved, the newly created Advocate Health will be one of the largest health systems in the nation. With almost 150,000 employees, it'll serve 5.5 million patients across six states. Annual revenue will exceed $27 billion. Charlotte Business Journal's Caroline Hudson spoke with key leaders, analysts, academics and financial experts in the health care industry to answer questions related to the mammoth merger. She came away with these four factors to watch — such as noting that consolidation doesn't necessarily translate into lower health care costs.
- Why states are embracing salary transparency
- Southwest Airlines Co. hopes to keep gliding on its summer momentum, extending its flight schedule into early 2023 as the carrier continues to restore its network and ramp up service.
- The pandemic shoved the housing market in one direction. Rising mortgage rates are nudging it somewhere else. As for what impact escalating interest rates will have on investors buying homes to rent them out — that's yet to be determined. But first-quarter purchasing activity shows investors are slowing their pace, according reporting from The Business Journals' Ashley Fahey, who also breaks down the geographic makeup of where investors have been most prolific.
- How the nation's health care complex blazed a post-pandemic path to cancer care. As part of a special series that's definitely worth your time, Washington Business Journal's Sara Gilgore examines how two years of trial and error to eradicate a global pandemic helped break down silos, refocus resources and pave a promising new path in the battle against cancer.
- Marcus Theatres recently piloted a sports bar concept called The Wall, where people can watch their favorite professional sporting events on the big screen with the comfortable recliner seating. It's been a spectacular success. But, that doesn't mean the credits are ready to roll on the Big Screen's bread and butter. And "Top Gun: Maverick," already the highest grossing film of 2022, is helping reinvigorate the movie theater industry, according to Marcus Theatres CEO Rolando Rodriguez.
- Earning NIL cash from pickles to t-shirts. St. Louis Business Journal's Nathan Rubbelke reports how the NCAA's name, image and likeness policy shift has smaller brands like Arch Apparel connecting with young consumers, while the city's largest companies primarily remain on the sidelines.
- Another block fell into place for Virginia in its quest to grow into a manufacturing powerhouse with The Lego Group announcing plans for a new 1.7-million-square-foot manufacturing facility in Chesterfield County.
- Flexible hours, 401(k) plans and weekends off are generally not included in the compensation packages at most restaurants. A few Western New York eateries, however, told Buffalo Business First's Tracey Drury about why incorporating rich benefits and higher starting wages make all the difference to recruit and retain top-notch workers.
- What to expect from rising airfares: The Business Journals' Connor Penegar dissects data from Hopper Inc. about the 50-largest airports, where the average roundtrip ticket is $431 this summer.
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