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Housing for Older People Diverging Business Models

Exploring the growing market of housing for older people and the different business models in the industry.

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Housing for Older People Diverging Business Models

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  1. Housing for Older People Diverging Business Models Anne-Marie Nicholson – Partner Jenny Buterchi – Director

  2. A Growing Market

  3. Health in Crisis: Care in the Community Day Care • Hospital £3,000pw • Private Nursing £1,000pw • Residential Care (Public sector) £350- £500pw • Assisted Living £150- £200pw • Home Care £15ph Home Care Nursing RESIDENTIAL COMMUNITY Dementia Care Acute Hospitals Respite Care Home Care Rehab

  4. Indicative Housing Market for Older People Private Sector Private Sale Staying put Home Care Services & Home Improvement Agencies Middle Market Public (Voluntary) Sector Local Authorities Housing Association Charities Leasehold Sale Shared Ownership Affordable Rental

  5. Independent Living: An attractive alternative for older people wishing to downsize across both public & private sectors

  6. Attractive Inclusively-Designed Apartments

  7. Independent Living (HAPPI Housing?) • Staying in Control • Choice & Variety • Design Quality: Attractive Homes • Lifestyle Alternative • Location & Connectivity • Affordable • Care Continuity Lifetime Neighbourhood Care and Support Independence & Control Attractive Homes Community Interface Lifestyle Alternative

  8. Diverging Business Models

  9. Diverging Business Models – The Middle Market • Little or no Grant available • Cross subsidy benefits • Planning gain • Community benefit • Meeting a demand • Sustainable communities • Huge numbers of home owners over 55 • Boomer generation looking for a lifestyle change • Social Housing providers and the Private sector are focussing on the same sector.

  10. St Bede’s, Bedford Orbit Independent Living

  11. St Bede’s, Bedford ST BEDE’S, BEDFORD • Client : Orbit Independent Living • Project HAPPI Winner Housing Design Awards 2011 • Best Development Winner CIH Midlands Awards 2014 • 104 Units: • 29 x 1Bed • 75 x 2Bed • Mixed Tenure • 50% Affordable Rent • 50% shared ownership • Central location • Existing buildings • Completed Summer 2014

  12. St Bede’s, Bedford ST BEDE’S, BEDFORD • New Build / Retained Buildings / Demolished Buildings

  13. St Bede’s, Bedford ST BEDE’S, BEDFORD

  14. St Bede’s, Bedford ST BEDE’S, BEDFORD

  15. St Bede’s, Bedford ST BEDE’S, BEDFORD

  16. St Bede’s, Bedford ST BEDE’S, BEDFORD

  17. St Bede’s, Bedford ST BEDE’S, BEDFORD

  18. St Bede’s, Bedford ST BEDE’S, BEDFORD

  19. St Bede’s, Bedford ST BEDE’S, BEDFORD

  20. St Bede’s, Bedford ST BEDE’S, BEDFORD

  21. ST BEDE’S, BEDFORD Interiors by PRP working closely with the client and end user

  22. St Bede’s, Bedford ST BEDE’S, BEDFORD

  23. St Bede’s, Bedford ST BEDE’S, BEDFORD

  24. St Bede’s, Bedford ST BEDE’S, BEDFORD

  25. St Bede’s, Bedford ST BEDE’S, BEDFORD

  26. St Bede’s, Bedford ST BEDE’S, BEDFORD

  27. St Bede’s, Bedford ST BEDE’S, BEDFORD

  28. St Bede’s, Bedford ST BEDE’S, BEDFORD

  29. Queensway, Leamington Spa Orbit Independent Living

  30. Queensway, Leamington Spa ST BEDE’S, BEDFORD • Client: Orbit Independent Living • 178 Units • 110 x 2beds • 68 x 1beds • Mixed Tenure up to 99% shared ownership • External Deck access • Dual aspect flats • Central location • Adjacent to commercial retail park and housing area • Change of class use from Employment • Completion due April 2015

  31. Queensway, Leamington Spa ST BEDE’S, BEDFORD

  32. Queensway, Leamington Spa ST BEDE’S, BEDFORD

  33. Queensway, Leamington Spa

  34. Queensway, Leamington Spa ST BEDE’S, BEDFORD

  35. Queensway, Leamington Spa ST BEDE’S, BEDFORD

  36. Queensway, Leamington Spa ST BEDE’S, BEDFORD

  37. Wycliffe Village, Wycombe Grant Taylor

  38. Wycliffe Village, Wycombe ST BEDE’S, BEDFORD • Supported Living Community • 169 Units comprising • 115 supported Living Units • 24 Care Suites • 30 Dementia Care Suites • Clubhouse • Outright sale and private rental

  39. Wycliffe Village, Wycombe ST BEDE’S, BEDFORD A range of accommodation and care to suit individual needs

  40. Wycliffe Village, Wycombe ST BEDE’S, BEDFORD

  41. Wycliffe Village, Wycombe ST BEDE’S, BEDFORD

  42. Wycliffe Village, Wycombe ST BEDE’S, BEDFORD

  43. St Mary’s Lane, Upminster McCarthy & Stone

  44. St Mary’s Lane, Upminster • Client : McCarthy & Stone • 21 Units: • 3 x 1Bed Apartments • 19 x 2Bed Apartments • Site Area 0.2 ha • A ‘Later Living’ Development • Aimed at younger older people • Within residential area • Close to High Street • Good transport links • Views of Upminster Park to the south • Footpath link to park along boundary • Planning Approval December 2014 St Mary’s Lane Upminster Park Station Road

  45. St Mary’s Lane, Upminster Communal Accommodation to suit size of development including:- • Generous foyer • Resident’s Lounge • Communal Terrace • Guest Suite • Bicycle & Buggy Store • Concierge Service Service charge has to be kept affordable for residents 17 parking spaces for 21 units St Mary’s Lane St Mary’s Lane Upminster Park

  46. St Mary’s Lane, Upminster • 1 Bed Apartment • Area = 57 m² • Ensuite Bathroom with bath option • 2 Bed Apartment • Area = 79 m² • Ensuite bathroom & separate shower room • Majority of Apartments to have 2 bedrooms • All to have generous balconies • Generous storage • Kitchens ideally should have external windows

  47. St Mary’s Lane, Upminster Contextual yet Contemporary View from Park

  48. St Mary’s Lane, Upminster Active Street Frontage View from St Mary’s Lane

  49. Powell Road, Buckhurst Hill McCarthy & Stone

  50. Powell Road, Buckhurst Hill • Client : McCarthy & Stone • 65 Units: • 15 x 1Bed Apartments • 49 x 2Bed Apartments • 1 x 3 Bed Apartment • Site Area 0.92 ha • Private for Sale • An ‘Assisted Living’ Development • Housing with Flexible Care • Within residential area • Abounds Linder’s Field Nature Reserve • Awaiting Planning Determination

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