ThomsonAdsett leads Australia’s growing elderly living sector

Australian architectural practice

ThomsonAdsett has taken second spot in the global elderly living sector in Building Design’s renowned World Architecture 100, an international ranking of architectural practices by size.

The list ranks the world’s top architectural practices of 2015, with breakdowns according to industry sectors and regions, and surveys more than 1400 practices across the globe.

ThomsonAdsett is one of six Australian firms to feature in the overall World Architecture 100, and the only Australian practice to rank prominently in the global elderly living sector, in 2015 clinching second place behind US firm

Perkins Eastman.

ThomsonAdsett Managing Director Chris Straw said the practice is excited about conceiving new and innovative ways to tackle the challenges of an ageing population.

“While we are number one in elderly living in Australia, we are only just starting to see real growth in elderly living in Asia, particularly in China,” he said.

“With our significant investment in the Asian market over the past 20 years, and our strong portfolio of elderly living projects domestically, we are well placed to ride that wave.

“The scale of elderly living work in China is of another level, and is leading us into new, exciting areas and ways of approaching elderly living design.”

“Not only that, we are seeing a reemergence of a focus on elderly living in Australia, which we are also well placed to take advantage of.”

According to latest projections, China will have more than 450 million citizens over 65 by 2050, with more than 240 million people currently in this age demographic.

The number of Australians over 65 is increasing at a similar rate with a total of 7.74 million expected in 2044 compared to 3.45 million citizens who are over 65 today.