The 'Rock Till Ya Drop'... would this be a cool retirement community?

Looking for a little
input here on an idea for a new kind of retirement community. Being a part-time
musician and full-time lover of live music, I've been rolling this idea around
in my head for the last 5 years and it's time to set it free... Why not band
together with other musicians, artist, and anyone who truly loves live music
and the arts to build the 'Rock Till Ya Drop' 55+ community (RTYD for short).

Here's the vision...

Build a small community
(800-1000 residents) of various types of dwellings (single family homes, town
homes, row homes, lofts, commune homes, and rental apartments) around an
old-fashioned town square. The square would be built around a multi-purpose performance
venue (concerts, plays, movies, readings, worship, etc.) where we'd bring
artist in to perform. Around the square would be restaurants, shops and little
studios where members of the community needing to work or simply wanting to pad
their retirement savings could be employed. I don't know if you've been staying
on top of the looming retirement issues that will be facing our country in the
next 5 years or so but there are going to be many baby boomers who will need to
work until they die, which isn't a bad thing if you have a job you truly love.
With this being the case, why not have them work in a community of wonderful
music-loving, open-minded people like themselves.

More importantly, the
square would have smaller, live music venues (aka bars/clubs) on each of the
four corners where lesser known local and regional artists could perform...
possibly having jam bands made up of local folks from the 'neighborhood' open for
the newer and younger up and coming bands. While not self-sustaining, this
community could employ residents needing to work, giving them the opportunity
to have a fun, respectable 'retirement' that would not be possible at most
retirement communities today.

This community would be
formed as a non-profit cooperative as we will need to screen new members. One
out of every five members would need to be a verifyable musician, singer, sound
or light tech in order to facilate live music and jams from the residents (yes,
auditions to see if they really can play just enough to jam with others). When
you think of it in terms of a golfing retirement community, it would be pretty
pointless to build a retirement complex for golfers if very few members
actually played golf. We plan to have several 'garages' built throughout the
community where people could get together to jam or just hang out... a
'different' type of bridge club so to speak.

My wife and I are
middle-aged groupies who follow the band Little Feat. As we travel to see Feat
shows and other concerts and shows in the Chicago area, we've noticed that
these shows, festivals, and concerts are largely attended by baby boomers who
still love live music and probably always will. In the last year I've actually taken
to running the RTYD concept past total strangers at these shows only to have my
gut feeling about this idea strongly reinforced by their enthusiastic responses
of “I'm in” or “Sign me up”.

Boomers grew up with the
most incredible music that was ever recorded; much from bands that are still
touring – some out of necessity, others out of passion, some from a combination
of both. And then there are the fans and other musicians who played yet never
aspired to the greatness of our rock n roll heroes, that have a similar passion
burning within... especially the women who 'loved the boys in the band' back in
the day and still do today (hmmm... sound like anyone you know?).

Looking for people to weigh in on the idea...