Legal & General breaks ground on Hampshire retirement village
Legal & General has broken ground on a retirement village consisting of 151 new specialist age-appropriate homes in Chandlers Ford, Hampshire.
Operated and developed by Inspired Villages, the site will deliver facilities including a wellness centre with a fitness studio, gym and swimming pool, as well as tailored care packages and treatment suites for use by GPs and primary healthcare providers.
The scheme marks Legal & General’s and Inspired Villages’ second net-zero housing development featuring energy-saving initiatives through design and operation.
The Chandlers Ford works will create 110 construction jobs per annum over a four-year period and over 35 permanent jobs once complete.
Alongside Chandlers Ford, Inspired Villages has also achieved planning permission for a later living scheme at Broadbridge Heath in West Sussex consisting of 141 homes.
“As we enter a period of economic recovery, businesses like ours must continue to invest in our future and it is more important than ever than we deliver the houses that our society really needs,” said Legal & General Capital chief executive Kerrigan Procter.
“As a country, we are still falling far short of the over 300,000 new homes needed each year and it is important that the homes we build are also future-proofed and sustainable. Our latest later living developments are a great example of this, meeting the increasing need for quality age-appropriate housing and moving towards our commitment to have a fully net-zero residential portfolio by 2030,” he added.