London developers to create more than 100 jobs with retirement village development plans

A London construction firm has announced it is creating 110 construction jobs with the development of 151 new homes following its latest acquisition.

Inspired Villages, which is owned by Legal & General, has acquired a 10 acre site in Hampshire, and has revealed plans to develop a new retirement community.

The development, in Chandlers Ford, will consist of 151 specialist homes, as well as a wellness centre, including a swimming pool and gym.

Works are expected to commence on site early next year, creating 110 construction jobs per annum over a four year period, and 35 permanent jobs once complete.

Neal Dale, development director at Inspired Villages, commented: “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.

“I am proud of, and look forward to seeing, the vast and significant socio-economic benefits that will come as a result of our upcoming Chandlers Ford community.

“There is a need to provide a greater support to our older people within society; Covid has shown us that ensuring the health and wellbeing of our older people, whilst supporting our NHS and social care services, is paramount.”

Phil Bayliss, CEO of Later Living at Legal & General and Chairman of Inspired Villages, added: “Legal & General invests for the long-term in socially and economically useful assets, making the later living sector an exceptional match for our capital.

“We need to advance and accelerate the UK’s delivery of age-appropriate homes to meet our rapidly ageing population; this is not only crucial for wellbeing, but also for helping our overburdened NHS and social care services.

“Inspired Villages is committed to addressing the social and economic issues linked to the UK’s ageing population. The acquisition of our second site in Hampshire is yet another positive milestone for Inspired Villages and testament to its vision and commitment to the sector.”

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →