Retirement Village helps Recharge Vacant Site
12/05/2016
D&P Holt introduced Binley based ExtraCare Charitable Trust to the former Powergen site in Shirley and, after purchasing it, the charitable trust has now received planning permission to start work on a 261 home village for people aged over 55.
Care will be available if required and the self-contained one and two-bedroom homes will be offered on a mixed-tenure basis, with 104 being available for shared ownership and 52 for rental.
All of the existing buildings on the 10 acre site will be demolished, including the old Powergen tower and the redundant multi-storey car park – more than 20 years since it was vacated.
Further homes are also being created there as part of a wider project in the area.
D&P Holt also acted for the charity in finding the land at the village at Earlsdon Park in Coventry.
David Holt, of D&P Holt, said: “The development in Shirley is a very significant new retirement scheme for the region and it’s great that we have been able to work together with a Coventry based charitable trust to help bring it forward.
There is a stark need for more homes for the over 55's and we are very pleased to have been involved with this major scheme – as well as previously working with them on Earlsdon Park in Coventry.”
The ExtraCare Charitable Trust was established in 1988. It supports 4,400 older people in 17 Housing Schemes and 14 Villages.
Mark Curran, Development and Sales Director for the ExtraCare Charitable Trust, said: “Our charity is committed to providing comfortable homes linked to an inspirational community-based lifestyle where older people can access care and support if they need help to remain independent in later life. D&P Holt have been very supportive in helping us find village sites in Solihull and Coventry.”