Inspired Villages, Legal & General’s later living business, has expanded its presence in Hampshire, UK through the acquisition of a 10-acre site for the delivery of a new €109 mln retirement community.
The site has been acquired with outline planning permission to develop 151 new specialist age-appropriate homes.
The new Chandlers Ford site will deliver high-quality facilities, including a wellness centre (comprising a fitness studio, gym and swimming pool), which will be available to local qualifying residents on a membership basis.
Works are expected to commence on site early next year.
Chandlers Ford will mark Inspired Villages second later living community in Hampshire, joining Bramshott Place near Liphook.
‘Acquiring a second site in Hampshire with outline planning permission highlights Inspired’s ambitions and outstanding momentum, while also emphasising the growing demand for specialist age-appropriate housing in the local area,’ said Neal Dale, development director at Inspired Villages.