Guild Living pledges £4.5 million landscape investment for later living community in Epsom.
Guild Living, a partnership with Legal & General, that is promoting a new later living community next to Epsom Hospital, has announced that it will invest £4.5 million on creating a new landscape area at the heart of the scheme. The plans will create two acres of landscaped space that will be open to the public, including for staff working at the neighbouring Hospital.
The plans for 350 residential apartments for older people include cafés, restaurants and community spaces – along with a wellness and fitness centre, children’s nursery and GP consultation room, all of which will be available for the wider public to access.
Guild Living’s mission is to “reinstate older people back into the minds and hearts of communities across the UK”. It hopes its developments will also free up existing homes in the area for first-time buyers and young families by encouraging downsizing to more age-appropriate housing.
Backed by Legal and General, Guild Living has the investment in place to start building as soon as planning permission is granted. With the economy moving into recession, the proposals will provide a timely economic boost for Epsom. The scheme is expected to create 80 new jobs in the new later living community and generate an additional £2.2 million spend in local shops and services.
With its Epsom scheme situated next to the hospital, Guild Living also hopes to relieve pressure on local NHS services by providing tailored care suites, which ensure recovering patients can staircase back to independent living. An independent report by research consultancy Carterwood shows that there will be a need for over 4,000 private extra care units in Epsom and the surrounding area by 2022.
Through its partnerships with Legal & General and academics at the University of Bath, Guild Living wants to enable older people to live more independently, with housing designed to meet the health, wellbeing and care needs of over-55s.
Eugene Marchese, co-founder and director of Guild Living, comments: “We are delighted to announce our investment in new public space next to the hospital, providing much-needed new facilities and areas for NHS staff and hospital patients and visitors to relax in. These facilities and areas reflect our vision for an outward-facing scheme that encourages interaction between different generations, combating isolation.”
“Now more than ever, at a time when people are being told to isolate themselves, and our elderly are most vulnerable, we must recognise the importance of purpose-built housing for older people which provides the care they need, supports local NHS services and reduces feelings of loneliness.”
“As the owner and operator of later living communities, we are committed to Epsom for the long-term. We will continue to work closely with residents, community groups and Epsom and Ewell Borough Council as the project evolves to deliver the best scheme for the local area.”
In addition to Epsom, Guild Living also has projects underway in Bath and Walton-on-Thames, with further developments planned. More information about the plans are available at www.guildlivingepsom.co.uk