UK: The Oakleigh, a £115 million retirement community in St Albans, which has been developed and will be operated by Elysian Residences, has topped out.
The Oakleigh has been funded by Senior Living Investment Partners (SLIP), a partnership between Pension Insurance Corporation (PIC), and real estate lender and investor Octopus Capital, via its joint venture with Elysian Residences.
Designed by Callado Collins and built by Kingscote Construction, it is set in under 13 acres of land. The Oakleigh will deliver 124 new homes, a village green, and a clubhouse.
The Oakleigh will offer a 24-hour onsite front of house team, a library, media room designed for lectures, musical performances, entertainment, restaurant and bar, gym, and care and support services available as required.
Gavin Stein, chief executive at Elysian Residences, said: “We look forward to welcoming those who will live within this exceptional new village and to offering the very best hospitality, support and community life.”
Andy Beckett, managing director, Kingscote Construction, said: “We are proud to celebrate the topping out of The Oakleigh retirement village, the result of the dedication and expertise of our construction team.”
Highlights:
• The Oakleigh retirement community in St Albans has topped out.
• The project has been funded by a partnership between Pension Insurance Coporation
and Octopus Capital
• The Oakleigh offers 124 new homes and extensive facilities
