The maximum floor area is set at 60,794 sq ft. Some flexibility remains over the precise design but the architects are drafting the detailed consent and need to confirm the layout imminently. The plan above outlines the exact location of the extra care/assisted living site. It is envisaged that the building will be developed over five floors (GF floor plate: 956sqm, 10,290sqft Typical: 1,173sqm, 12,626sqft).
The preference of the owner is to develop the property themselves and sell as shell and core, however there may be the possibility to purchase the site and carry out own development. GDV’s are expected to be in the region of £600 psf.
The extra care/C2 site is located to the rear of the development scheme, with the rest of phase A comprising residential flats in medium rise blocks, a healthcare facility, retail, a school and other amenities.
Using CACI population forecasts, as at 2016, within a 1 mile radius the total population was 61,388 people with 3,536 aged 75 years or more (5.8%). Between 2016 and 2031 the over 75’s is expected to increase by 1,749 persons (49.5%). Within a 3 mile radius, the total population is 374,464 with 26,701 (7.1%) aged 75 years or more and this element is set to increase over the next 15 years by 13,465 (50.4%). It will be appreciated that these demographics don’t reflect the new housing proposed on the subject and neighbouring regeneration sites.