News

Renaissance Retirement meets with the Marlborough public to discuss Old Yard plans

More than 50 people attended Renaissance Retirement's public consultation on Thursday 19 January as the developer showcased its plans to re-develop the Old Yard on London Road into luxury retirement apartments.

The company is looking to build a luxury retirement development comprising 28 apartments a mini courtyard feature and up to 22 car park spaces.

The company has employed renowned heritage consultant James Webb (ex-English Heritage) who is advising Renaissance Retirement on the most appropriate building design for this sensitively located site. Initial ideas are for an Arts and Crafts style consisting of sweeping, sprocketedroofs, Voysey dormers and large chimneys.

The public exhibition, held at Marlborough Bowls Club, Salisbury Road, provided useful dialogue and feedback for Renaissance Retirement as the company looks to further develop its plans prior to submitting its planning application.

If planning is granted, it is anticipated that the build on the proposed 28 apartment development would start later in the year, with a grand opening likely to be in 2016.

Renaissance Retirement Managing Director Robert Taylor, added: “We have received a lot of positive support for our design which is very encouraging. A number of locals asked us when we would submit a planning application. The truth is we will now try to incorporate some of the valid comments and views into our scheme. We will then have a pre-application meeting with the local authority and once they are satisfied we would hope to submit the application with officers and local support.”

Renaissance Retirement collected a number of feedback forms from local people expressing their positive views. One local resident, Ian James from Marlborough   commented:  "I like the plans. It's a good layout and good plans."

Local Jenny Crossey said: "There’s plenty of parking spaces. It is in keeping with the architecture in the town."

Nick Watkins, Development Director at Renaissance Retirement, said: "We have received considerable interest in our proposed scheme from local residents. Before we buy a site we undertake a feasibility study to ensure there is a need within the town. Our research reinforces that there is a strong demand for independent retirement apartments in Marlborough and the location fits our development profile. 

“We have received a lot of interest from the publicity so far. From the number of people who have already requested more information, if we are successful with our planning application, we are confident we have the right product and location.”

Nick continued: “Our research has shown that in Marlborough alone over four thousand residents are over the retirement age and combine that with the wider 65-85 age demographic living outside the town and you have a big demand for independent retirement living developments. This has already been borne out by the number of enquiries we have already received – and we are still at early planning stages.

Nick added: “Research estimates over £400 billion of housing wealth is tied up in properties where owners desperately wish to scale down. Renaissance’s proposed retirement development in Marlborough offers an ideal opportunity for those people approaching their later years who aspire to downsize. This would also free up family homes to tackle the housing shortage.

“The spacious one and two bedroom apartments will be impeccably finished with contemporary interiors, whilst owners will also have access to a sumptuous lounge and guest suite, which will be available to visiting friends and relatives.”

Renaissance’s heritage dates back to the first retirement apartments at HRH Prince of Wales’ flagship Poundbury development in Dorchester. The apartments, if planning is approved by the council, would provide luxurious living spaces ideally suited for downsizers looking to maintain a quality standard of independent living.

Noticing a demand for luxury retirement housing, Renaissance Retirement design, build and manage retirement developments, with communal areas meticulously cleaned and maintained to ensure a level of comfort that one would expect in a 4 star hotel.

To register your interest, and for further information, visit:www.renaissancegroup.co.uk or call 0800 625 0026 for more information.