Planning has been approved for Colliers International to build a 34-unit luxury care home
A luxury “extra care” development has received planning permission from the Royal Borough of Kensington and Chelsea’s Council in London.
The scheme has a potential value of £200 million (USD 261 million), and will include 34 apartments over seven storeys. These will range in size from 1,250 sq ft to 2,110 sq ft and will be available for sale on 999-year leases.
Colliers International, acted as planning consultants on behalf of Dartmouth Capital Advisors, who represent Beaumont Properties Limited, a subsidiary of Singapore-listed City Developments Limited (CDL).
Strategically positioned at 28 Pavilion Road, the property will be just 2 minutes’ walk from Harrods Department Store, and will also be connected to the shop via an underground walkway.
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The development aims to offer elderly residents of the Royal Borough, to continue to live to a high standard, whilst also receiving quality care.
“We have worked closely with the Royal Borough of Kensington and Chelsea Council to draw up a scheme that will appeal to discerning residents in retirement. The Borough has a significant stable, ageing, demographic that is asset rich yet whose needs are insufficiently provided for by the current housing stock. We aim to provide a community style of living for this group, supported by excellent on-site medical care, close to local amenities, shops and restaurants,” said Mr Kwek Leng Beng, CDL Executive Chairman.
The development will feature top notch facilities, including a luxury spa, swimming pool, communal library, private doctor’s surgery, 24-hour concierge, dedicated nurse care rooms and car parking.