Retirement properties given go ahead in Poundbury

Planning permission has been granted for a new Assisted Living development in Poundbury. McCarthy & Stone, the UK's leading retirement property developer, has been given the go-ahead to build an attractive collection of 62 apartments exclusively for those aged 70 and above.

Planning permission has been granted for a new Assisted Living development in Poundbury. McCarthy & Stone, the UK's leading retirement property developer, has been given the go-ahead to build an attractive collection of 62 apartments exclusively for those aged 70 and above.

The one and two bedroom privately owned retirement properties will be ideally situated on Queen Mother Square, in the heart of Poundbury, an urban development designed by HRH Prince of Wales, and built on land owned by The Duchy of Cornwall.

Aileen King, regional sales & marketing director, comments: "Approval for such a prominent site is an exciting opportunity to provide a unique housing solution for the over 70s. Our Assisted Living development will be the first of its kind in West Dorset. It will increase the options for continued home ownership in later life in a location that supports our own principle of creating communities."

With over 35 years of experience, McCarthy & Stone has become Britain's leading provider of retirement apartments, having built more than 45,000 apartments in 1,000 different schemes.

The new Assisted Living development in Poundbury will offer the independence of retaining home ownership while living in an apartment specifically designed for the over 70s. In addition, a helping hand will be available through flexible care and support packages, including domestic assistance, to make life that little bit easier.

Facilities will include 25,000ft of communal areas, including a shared lounge, landscaped atriums, an on-site restaurant, guest suite, laundry room and a lift. A dedicated estate manager will ensure the smooth running of the development, with staff on site 24 hours a day. There will also be a security entrance system plus 24-hour emergency call points to provide peace of mind for both residents and their families. All properties will be low maintenance and energy efficient.

The development will be ideally located in the heart of Poundbury, next to Waitrose and the local farmers' market.

In addition to offering age exclusive apartments, the retirement property developer also provides a range of financial services, including a pension annuity service, equity release, legal services and guaranteed funeral plans.

Construction on the new development is anticipated to start in July.