34 CASE STUDY Retiring together
Working in a JV on a scheme to bring 137 affordable and private homes to a brownfield site in Sutton Coldfield, McCarthy Stone and Anchor explore their ethos
S
utton Coldfield, eight miles north east of irmingham City Centre, has along with most places in the UK seen an ageing of its population in recent years.
any in the wider industry have long argued that the country’s housing options are inadequate at present to support the needs and expectations of this rise, arguing for more specialist retirement
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accommodation to provide a greater choice for those in later life, while freeing up the wider housing market for families and first-time buyers down the chain. Intending to fulfil this demand in the region, a new partnership between cCarthy tone and Anchor is launching a range of such schemes, with the ’s latest, in utton Coldfield itself, ust being given the go-ahead.
The new home development promises not ust a mix of private and affordable apartments for older residents, but indoor communal facilities, high quality landscaped gardens, and a range of other amenities shared between two buildings.
These two buildings, one each to be run by cCarthy tone and Anchor,
have recently been granted planning permission, covering a redevelopment of the brownfield site, continuing its ever-strengthening relationship. Together, the partnership already has a pipeline of over , multi-tenure retirement properties across eight large scale ‘villages,’ with more expected to be added, offering a range of tenures to meet different affordability levels, including ownership, shared ownership and social rent.
WORKING TOGETHER ith the oint venture’s combined strengths, the partnership sees itself as among the leading retirement providers. cCarthy tone is reportedly the UK’s largest developer and manager of
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