High-quality Retirement Living accommodation proposed for Newark

02 February 2016

Following pre-application consultation with the local community, McCarthy and Stone, the UK’s leading retirement housebuilder, has submitted plans to Newark and Sherwood District Council to redevelop land adjacent to Newark Marina, Millgate.

McCarthy and Stone’s plans would see the site sensitively redeveloped with a contemporary building inspired by the existing style of the marina, delivering 34 much-needed Retirement Living apartments.

Retirement Living apartments are specifically designed to meet the needs of people in later life and include a residents’ lounge and other shared facilities, together with a fully trained House Manager.

There is a considerable need, both locally and nationally, for this type of specialist accommodation for older people, which will also contribute to the overall housing needs of Newark and Sherwood District Council. The local over 65s population is predicted to grow by 74% over the next 20 years.

Prior to the submission of its planning application, McCarthy and Stone consulted with the local community, including a public exhibition in September 2015. This identified a high level of local support for the development of the site, with 94% of the pre-application feedback supporting the scheme.

The development of the site would provide a boost for the town’s retailers. An independent report published last year found that the homeowners in a typical McCarthy and Stone development spent £670,000 per year in the local economy, with nearly 80% using local shops at least once a week.

Mark Wright, Regional Managing Director at McCarthy and Stone, commented, “We’re very encouraged that our plans have already received a high level of positive local feedback. We’ve striven to introduce a scheme that will make a positive contribution to the special character of Newark, whilst improving the range of housing choice available to people in later life.”

He continued: “It is important that a community meets the housing needs of all its residents, and this development would help meet a local, and growing, housing need in the area. Increasing the housing choice for residents in later life also releases family-sized housing back into local markets, which helps to stimulate the housing chain and enable young families and first time buyers to have a better opportunity within the housing market.”

The wider site was granted planning permission for a marina extension, housing, a wildlife area and gym/health facilities in July 2013. The marina extension, 11 new homes and wildlife space is expected to go ahead as originally planned, and will be delivered by another developer, with McCarthy & Stone building on the section of the site identified for a gym.

People requiring further information are invited to visit the project’s website, www.mccarthyandstone-consultation.co.uk/newark or contact the project’s freephone information line on 0800 298 7040.

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