Galliford Try has signed a £29m contract to build the Hagley Road retirement village in Birmingham for the ExtraCare Charitable Trust. The scheme comprises a total of 240 mixed tenure units for the over 55s together with community facilities, including a village centre with gym, restaurant, library, shops and an indoor bowling green, as well as care facilities for the elderly.
Work on site starts in October 2011 and is set for completion in September 2013. This is the fourth retirement village that Galliford Try has delivered for ExtraCare following the developments at Lichfield, Nottingham and Erdington.
The company has also reached financial close on the next stage of the South East Essex LIFT (Local Improvement Finance Trust) programme with two new schemes in Westcliff at Valkyrie Road (£5m) and North Road (£5.3m) for the South East Essex Primary Care Trust.