Inspired Villages has purchased a 27-acre site in Edenbridge, Kent, for an undisclosed price.
The later living operator bought the site, which has planning permission for 184,000 sq ft of accommodation including a 100-unit integrated retirement community, through its £500m joint venture between NatWest Pension Group Fund and Legal & General.
Inspired completed the purchase of the former golf course within six weeks and will now consult on revisions to the existing permission.
Neal Dale, chief development and property officer for Inspired Villages, said: “We welcome the addition of Edenbridge to our portfolio of sites and are excited by its potential in a popular and thriving location for us. We are keen to start progressing plans for the village here whilst raising awareness and gaining support from the local community. The provision of this type of age-appropriate accommodation is of wider benefit as it naturally frees up housing stock throughout every element of the property ladder.
“The sense of holistic wellbeing and community we seek to create within our villages also proves beneficial to the surrounding areas where we are currently operating. Our Inspired Friendships programme is already well-established in Kent and seeks to reduce loneliness and isolation of those not just living with a village, but the wider community also.
“Edenbridge is part of our wider business vision to open 34 sites as we embark on a mission to become the leading retirement community operator in the UK, with communities that are flourishing and residents living the best years of their lives.”
