Age-friendly cities and communities are currently attracting much attention as the ageing population becomes a larger proportion of our societies and their needs and aspirations become more diverse, which needs to be reflected in our cities. This calls for older people to play an active role in the design of suitable environments, e.g., by being involved in the design process. With this paper, we present a study where the methodology of co-design was used to engage 100+ older people in a low-income neighborhood in Copenhagen in designing new neighborhood spaces to reflect their needs and wishes. By focusing on the co-design process, and not the design solution, we investigate and present insights across the entire span of the process—from recruitment to implementation—and seek to extract particular elements that contribute to the age friendliness of the process. Recommendations for future co-design processes with older people include focusing on explicit communication and foreseeable steps to create a process that offers multiple and flexible participation options and to upgrade the latter stages of the co-design process through scale 1:1 prototyping and implementation. The findings contribute to both the professional practice of co-designing with older people on a spatial scale, as well as to policy makers and practice stakeholders when initiating initiatives with age-friendly cities and communities.