Legal & General (L&G) has gained the green light for a £215m Inspired Villages’ retirement community in Surrey.
Based on the site of L&G’s former Head Office in Kingswood, the scheme for 270 apartments has received planning approval from Reigate and Banstead Borough Council.
Phil Bayliss, CEO of Later Living at Legal & General, said: “This planning permission allows us to breathe life back into this previously obsolete scheme and maintain our legacy, while bringing jobs to local people, creating an important asset for the local community and much needed accommodation for the over 65s. Today’s significant step forward is testament to Inspired Villages’ vision as well as their transparent, passionate and fluid dialogue with the Kingswood community, ensuring the development meets their unique local needs.”
The plans, which will create up to 80 permanent jobs, also include up to 10 respite units, allowing Inspired Villages to work with local GP practices and hospitals to help reduce pressure on the NHS and local care services.
Once completed the community will become Inspired Villages’ 11th site, adding to its existing portfolio of 1,000 homes.
Jamie Bunce, CEO of Inspired Villages, commented: “We are delighted that Reigate and Banstead Borough Council has approved our plan for Legal & General House. This scheme will transform the vacant building into a vibrant community and provide a high quality later living offer that will attract older people and help free up local family housing. It will also provide a range of new facilities for local residents to use.
You can see what the new community will look like by clicking here.