The McGoff Group, in partnership with joint venture partner Macdonald Hotels, has secured funding deals with Puma Finance and Octopus to progress plans for a new £28.25 million multi-generation development on the site of the former Lymm Hotel on Whitbarrow Road in Lymm, Cheshire.
The project will comprise a care facility, expertly designed children's day nursery and 45 bespoke luxury retirement apartments in a leafy conservation area setting close to the village and adjacent to the Trans Pennine Trail.
Designed by the McGoff Group and delivered by principal contractor McGoff Construction, the development is a new concept in inter-generational living, bringing young and old together to form a thriving new hyperlocal community with proven health, social and wellbeing benefits for all.
All aspects of the development will also be operated by the McGoff Group. Renowned for providing exceptional residential, nursing, respite and dementia care services in a comfortable and safe environment, the Group’s multi award winning care home provider, New Care, will take responsibility for the 66-bed care home.
The nursery will be operated by Back to the Garden, the Group’s natural child-led day nursery concept. It will be the second site in the UK for the innovative nursery concept that focusses on active learning and outdoor play in a garden setting which has already enjoyed considerable success at its first site in Broadheath, Altrincham.
The McGoff Group's residential brand Villafont will deliver the 45 retirement apartments under a new sub-brand Villafont Concierge which will offer an impressive specification and enhanced lifestyle package for those looking for a luxury property with the option for elements of domestic support to enable continued independent living.
Director at the McGoff Group, Chris McGoff, commented: "A development like this is something that we have wanted to do for a long time and a concept that we believe passionately in. Thanks to the finance from Puma and Octopus, it can now take shape. We are excited to see how it becomes part of the local community and hope it can set a new blueprint for future schemes.
"Adjacent to the canal and next to an entry onto the Pennine Trail and with lovely woodland views, the leafy position of this site will appeal to all target age groups and will be perfect for young and old to enjoy."
Beyond Corporate provided advice on the real estate, planning, construction, corporate and financing aspects of the transaction. Completion of the funding and the start of works on site marked the end of four years’ work involving input from several teams within the firm.
Time and date
CONSTRUCTION DIRECTORY
Construction News
03/09/2021
Funding Secured For Multi-Generation Development In Chesire
Latest Construction News
29/11/2024
Helmsley Group secured planning permission for the final part of its Coney Street Riverside masterplan which will bring much needed residential space to the city and realise a 50-year ambition to reconnect York to its riverfront. With work expected to start in the summer of 2025, this approval ...
29/11/2024
Network Space Developments (NSD) has received planning approval from Manchester City Council for a major redevelopment project at its Welcomb Street site in Openshaw, Manchester. The four-acre site, acquired by NSD in 2022, will be transformed into an extension of the adjacent City Works Business ...
29/11/2024
Work has commenced on a new lighting scheme designed to create brighter streets in Digbeth, close to HS2's Birmingham Curzon Street station. The Birmingham City Council project – funded in part through a £210,140 investment from HS2's Business and Local Economy Fund (BLEF) – will see the ...
29/11/2024
Building work has commenced on 14 new modern one-bedroom apartments at Ludwick Green in Welwyn Garden City. The apartments are being developed as part of Welwyn Hatfield Borough Council's (WHBC) Affordable Housing Programme, and its commitment to building new social and affordable homes. Ludwick ...
29/11/2024
River Capital has invested £500,000 in Liverpool-based M&E engineering consultancy, Steven A Hunt & Associates Ltd. The funding was structured to facilitate a management buyout (MBO) by the senior management team of Neil Baines, Anne King, Dave Kelly and Dominic Sibbring from founder Steven Hunt, ...
29/11/2024
Henley Restoration and Remedials has been chosen to carry out extensive external and structural repairs on the Grade II-listed Phoenix Mill, the oldest building in the Rutland Mills complex. Originally a grain store, Phoenix Mill later became a corn mill in the 19th century before transitioning ...
29/11/2024
Dorset County Council's North East Technology Park (NETPark) has been allocated over £11 million towards its expansion. The North East Combined Authority's Cabinet has approved £11.3m of funding for the Sedgefield site from its £160m flagship North East Investment Zone (NEIZ), which aims to drive ...
29/11/2024
Laing O'Rourke, in collaboration with Barnsley College and T3 Training & Development, have opened the UK's first dedicated modern methods of construction (MMC) training facility. The first of its kind training centre represents a groundbreaking step in addressing the UK's construction skills ...
29/11/2024
Aqua Direct are keen to share their support for the Urgent Funding campaign from St Giles Hospice. With a national hospice funding crisis, they need your support more than ever ...
29/11/2024
As we approach the end of 2024, we have been reflecting on what an action-packed year it has been. We have worked with some fantastic clients and sites across the country. We started from our base in Essex over ten years ago, and the demand for trackway has certainly been at its highest ...