Vistry Group, the provider of affordable mixed-tenure homes, has announced a £19 million deal to bring 77 affordable apartments to Edwalton in partnership with Anchor, the not-for-profit provider of housing and care for people in later life.
Work to build these facilities will start imminently. There is huge demand for housing for later living that the partnership with Anchor is aiming to meet, both here, and at other sites.
This new development, built on brownfield land, will consist of one and two-bedroom apartments and is located to the south of Nottingham and the River Trent.
Andy Reynolds, Managing Director of Vistry South East Midlands, said: “We are delighted to be working with Anchor to build beautifully designed assisted living apartments for the affordable market.
“We’re excited to be leading the way in meeting the requirements of those needing this type of accommodation when housing is in such high demand. These much-needed new homes will be built to an exceptional standard to create a thriving and sustainable community.”
Victoria Mager, Director of Development Delivery at Anchor, said: “The development at Edwalton will offer residents the opportunity to be part of an open, inviting, and warm community. We’re looking forward to work starting in the next month and offering the opportunity for people to enjoy living in later life.
“This new community will deliver much-needed accommodation for older people in the local area. We anticipate delivering an average of at least 500 homes a year over a rolling ten-year period. This is in addition to growing the number of homes we provide in residential care.”
