Demand for ‘retirement communities’ in eastern region set to double in next decade

News posted

13th March 2020

Debden Grange, Retirement Villages

With the ageing population in the eastern region forecast to continue rising, demand for dedicated retirement communities is set to double over the next decade.

The findings come from ARCO, the Associated Retirement Community Operators, which maintains that more purpose-built communities, with private investment, will be needed to support an already overstretched NHS and social care system.

According to ARCO statistics, there are currently 33 retirement communities in the eastern region. In order to meet the forecasted growth in the region’s ageing population over the next decade, there will need to be at least double this number built and opened during this period.

The trade body says that retirement communities have a part to play in meeting the housing, care and support needs of the UK’s ageing population. Its ten-year forecast comes as own company gets ready to open what will be the 33rd retirement community in the region.

Debden Grange in Newport near Saffron Walden will provide 81 homes for this sector of the population. The private community has a clubhouse and a care home (the care home is operated by our care partners for this project, Country Court Care).

Speaking before the opening, our Regional Sales Manager Chris Buck, said: “At the heart of the village will be the residents’ clubhouse incorporating a lounge, restaurant, bar, library, meeting rooms, hair salon, shop, and a large external terraced area. This will become the hub for village life.

“It will be a community of people who see this as the next chapter of their lives. It’s not about sitting in and watching the clock – although you can do this if you want to, of course – but more about setting up hobby groups, village clubs, volunteering in the wider community, bringing in friends and family for events, and really squeezing as much out of every day as possible. It’s about enhancing and enriching yourself, the word decline doesn’t even come into the vocabulary.”

Debden Grange opens next month (April). It is one of a total of 400 private communities now operating across the UK. According to ARCO, £4billion of private investment will be flooded into the sector over the next decade as this ‘community’ approach starts to gain pace.