News

Renaissance Retirement’s plans for Old Yard in Marlborough approved

Plans for a luxury retirement development in Marlborough have been approved through delegated officers' powers.

Renaissance Retirement's plans to re-develop the Old Yard on London Road into luxury independent one and two bed retirement apartments will now get underway in the new year.

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

The company has employed renowned Ex-English Heritage consultant James Webb who advised Renaissance Retirement on the most appropriate building design for this sensitively located site. The company adopted an Arts and Crafts style consisting of sweeping, sprocketed roofs, Voysey dormers and large chimneys. The design, according to Renaissance, will be 'stunning'.

The public exhibition, held at Marlborough Bowls Club, Salisbury Road, provided useful dialogue and feedback for Renaissance Retirement.

The build will now start early in the year with a grand opening likely to be in Spring 2017.

Renaissance Retirement Managing Director Robert Taylor, added: "This is a model example of how localism can work very well. We did an extensive consultation process and councillors and members of the public had their say. We listened and incorporated some of the feedback into our plans.

"The officers also played a vital role in this planning application and should be commended. We are now totally committed to develop a stunning retirement development that the people of Marlborough will be proud."

Nick Watkins, Development Director at Renaissance Retirement, said: "We 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, 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 Freephone 0800 625 0026.