Salisbury development will feature 85 owner-occupied apartments
McCarthy & Stone has been given the go-ahead to build a £32.6m retirement development in Salisbury, Buckinghamshire.
When completed, it will include 85 owner-occupied apartments. From this, 61 will be Retirement Living Plus (Extra Care) apartments, with the remaining 24 part of the firm’s Retirement Living range.
The development, which will occupy the site of the former offices of insurance firm Aviva on Castle Street in the city centre, will feature both one and two bedroom apartments.
The Retirement Living Plus development provides private apartment with care and support packages provided by McCarthy & Stone’s on-site team, a bistro, shared lounge, well-being suite and function room. The Retirement Living development will feature private apartments and a shared lounge.
The site is currently being prepared for construction, which is due to start early to mid-2018.
Further to the news in August that it will build a separate £23.5m development in Amersham, confirmation of planning for the Salisbury scheme means it will be one of 80 new sales releases from it in 2017/18, helping to reach its aim of building and selling more than 3,000 units a year.
Gary Day, land and planning director at McCarthy & Stone, said: “We know that the number of people in the UK aged 65 or over is set to rapidly increase over the next two decades, and that almost two in five over 65s are interested in downsizing.
“Despite this, very little specialist retirement housing has ever been built in the UK, and the announcement of our new development in Salisbury is evidence of the fact we are committed to addressing this shortfall.”