Retirement Villages Group (RVG) has acquired a new site as part of its £200 million expansion programme to develop more than 500 new independent living residential units in the South East of England over the next five years.
The company has secured a 10.5 acre site, subject to planning permission, at Albourne, near Henfield, West Sussex, for a new retirement village.
Formerly, home to the Hazleden Nursery, it is anticipated a planning application will be submitted during the summer 2017, following a public exhibition.
The proposal will be a luxury retirement community incorporating approximately 98 residential units, which will be predominantly two bedroom apartments and cottages.
In line with the company’s model of creating high end, senior living villages, the development will include a restaurant and bar, library and retail amenities, with residents supported by on-site care services, when needed.
RVG operates 14 retirement villages and this latest Albourne site is one of seven new locations that will be delivered over the next five years, representing the company’s largest development programme in its 35-year history.
William Crawford, Group Development Director, Retirement Villages Group, said: “The acquisition of the Albourne site is an important milestone in the delivery of our development pipeline. A key characteristic of all our sites is strategic location and connectivity to local communities, and Albourne is no exception. We are looking forward to progressing the planning application following our public consultation.”