Retirement living scheme progresses in Beeston
Plans to create fifty-one new retirement apartments in Beeston have taken a step forward after Peveril Securities and Charterpoint sold a site off Chilwell Road to a specialist developer.
The scheme received planning approval from Broxtowe Borough Council earlier this year and will now move forward under the aegis of Churchill Retirement Living.
Situated on land previously occupied by the former Myford Works, the development will consist of one and two-bed apartments, a communal owners’ lounge and coffee bar and a guest suite.
The apartments are part of a wider scheme which includes Myford Court, a new development of penthouses and apartments by Peveril Homes, a Central England Co-op store and a 66-bed care home.
The new retirement scheme will mark the completion of the 4.5-acre brownfield regeneration site.
James Smith of Peveril Securities said: “Once complete, this superb scheme will create a modern community in a prime location just a few hundred metres from Beeston town centre. Residents will also have excellent transport links and access to an abundance of amenities, as the site is close to a tram stop.”
Charterpoint CEO Adrian Goose said: “We are delighted to have sold this site to Churchill Retirement Living who will now take it forward to create a high quality new independent and activity retirement development close to shops, transport links, leisure facilities and other amenities. This is the final part of a visionary place-making scheme that has breathed new life into the area, and we are very pleased to have created such an attractive and popular mixed-use scheme so close to Beeston town centre.”
Robert Monkman, regional managing director at Churchill Retirement Living, added: “We’re looking forward to starting work on this new development, which will create a vibrant new community in the heart of Beeston. Retirement housing is the most effective form of residential development for generating local economic growth, supporting local jobs, and increasing high street spend. Our new apartments will also help improve the health and wellbeing of those who live there and meet the housing needs of many older people in Beeston and the surrounding area.”