Care home developer Charterpoint Senior Living has marked completion of building the structure of a new 70-bed facility in Bingham, Nottinghamshire.
A topping out and naming ceremony has been held for the Fosse Way View care home that will be run by HC-One.
The new care home will be HC-One’s second facility in Bingham. It already runs Beauvale in Moor Lane, which has a ‘Good’ CQC rating.
Fosse Wave View is being built on the site of the former police station in Grantham Road by contractor Lawrence Baker and is due to open in summer 2021.
Mostly over two storeys, with one section over three storeys, the care home will feature resident lounges, a hair/beauty salon, cinema room and other communal facilities, along with residents’ gardens.
“This scheme will offer first-class, modern care facilities in an excellent location, providing specialist care in the local community. We are delighted to have now reached the topping out stage of Fosse Way View and look forward to the next stage of the development,” said Charterpoint chief executive Adrian Goose.
A fund managed by TIME Investments, part of the Alpha Real Capital Group, has acquired the investment from Charterpoint.
Alpha Real Capital social real estate portfolio director James Murray said: “Given the challenging year, it’s great to see how much progress the team have made on the building.”
He added: “The asset once complete, will provide best in class care to the local area and be an important addition to the social assets managed by the group."
