Tag Archives: Vi at Grayhawk

Vi_at_Silverstone

Vi marks 25 years as leader in senior living

Vi – the developer, owner and operator of older adult living communities – is celebrating its 25th anniversary in August. Today, Vi operates 10 continuing care retirement communities (CCRCs) nationwide, including Vi at Silverstone and Vi at Grayhawk in Scottsdale.

“We are extremely proud of the accomplishments we have achieved during the past 25 years,” said Randy Richardson, President of Vi. “In an era of uncertainty, our employees and residents can take pride in the fact we are a stable, national presence within the senior living industry, free from third-party debt in our CCRC communities and managed by a strong, long-tenured team.”

Vi was established in 1987 as Classic Residence by Hyatt.  The company changed its name to Vi in 2010.  The company was created by Penny Pritzker, whose family founded Hyatt Hotels, to leverage Hyatt’s hospitality expertise in the growing retirement living industry to better cater to the needs and lifestyle of discerning older adults.

Vi (pronounced vee) is the Latin root for the word “life.” It was chosen as the name for the company because it captures the positive opportunities to live a more engaging and fulfilling life as an older adult.

Vi’s ability to merge its hospitality heritage with quality senior living is what differentiates the brand from others. Visitors and residents can sense this commitment to quality and service from the moment they walk into one of Vi’s communities, according to Richardson.  “Hospitality is in our DNA; and every detail is meant to convey quality service, from the decor to our lifestyle and fitness programs and to our employees who’ve been specially trained in the art of making residents feel at home.”

In addition, Vi communities feature stylish dining venues that enable residents to eat well and dine in style. Menus offer a wide variety of options to suit residents’ nutritional needs and taste preferences. Meals are prepared by executive and pastry chefs who receive specialized training at The Culinary Institute of America.

As testament to Vi’s approach, a recent survey of independent living residents at Vi’s 10 CCRC communities finds them happy with their decision to live at Vi.  The survey, taken this spring, finds that 94 percent of Vi’s independent living residents who completed the survey are very satisfied or satisfied with the community.  Almost 95 percent say they would recommend their Vi community to family or friends.

Late last year, Vi commissioned a report by Ken Dychtwald Ph.D., renowned gerontologist, psychologist, best-selling author, and CEO of Age Wave that challenges the “prevailing myths and misperceptions” about CCRC living.  The report, “The Five Myths and Realities of Continuing Care Retirement Communities,” is available in its entirety at www.ViLiving.com.

Smiling Graduate Holding up Diploma

Vi At Grayhawk Residents Award $100,000 In Scholarships To Employees, Family Members

Vi at Grayhawk’s resident charitable foundation, the Grayhawk Classic Residence Residents’ Foundation, has awarded $100,000 in scholarships to support the educational efforts for 20 Vi at Grayhawk employees and/or their dependents for the 2012/2013 academic year.

Vi at Grayhawk is an award-winning Continuing Care Retirement Community located in North Scottsdale that was developed and is owned by Vi and Peoria, Arizona based Plaza Companies. The Foundation awarded scholarships to six employees in 2003, and that number has increased significantly over time. The scholarship program is designed to reward the individuals who work diligently to provide an exceptional quality of life at the community.

“Our residents never let the hard work of our employees go unnoticed,” said John Koselak, Executive Director, Vi at Grayhawk. “They are considered to be invaluable assets to our community and the Grayhawk Classic Residents’ Foundation strives to give back to employees for their service.”

Vi at Grayhawk employees who meet pre-determined criteria may annually apply for college scholarships for themselves or their children who are dependents. The scholarship application process involves completing and providing a personal essay, letter of reference(s) and school transcripts. Applicants are then interviewed by the Foundation’s Scholarship Committee before final recipients are determined. The scholarships cover tuition and academic fees.

The Grayhawk Classic Residents’ Foundation was established in 2002 by residents of Classic Residence by Hyatt and the Plaza Companies, now Vi at Grayhawk. The Foundation is dedicated to improving the quality of life in the community by promoting the cultural and intellectual welfare of its residents and employees.

The scholarship program is a one-of-a-kind effort with an impact that is unmatched by any other retirement community in Arizona.

“Employees of Vi at Grayhawk provide exceptional care and service,” said Jane McGrath, President, Grayhawk Classic Residence Residents’ Foundation. “Because our residents value education, we feel this is a wonderful way for us to express our gratitude.”

Recipients are attending a variety of local college campuses and studies range across the board. Hospitality Management, Nursing, Business, Physical Therapy, Marketing, and Astrophysics are just a few examples of majors and programs employees have enrolled in with previous scholarships.