The Benefits
The proposed development would increase the supply of accessible, specialist and age-appropriate homes in Scarborough, to support an ageing population and meet local needs. It will enable residents to age in one place with independent living, assisted living and care facilities all on one site.
The proposal would result in a range of benefits for the local area, as set out below:
Provision of high-quality later-life accommodation to meet local needs
Attractive green spaces and recreational opportunities to promote active living
New local facilities
A detailed landscape strategy to support ecological benefits
The proposed development will deliver a range of economic benefits including the following:
Capital investment of around £19.0 million
Uplift in GVA of between £2.9m and £3.6m per year
Supporting around 60 construction jobs
per year (full time equivalent – FTE)
Generating additional expenditure in the
local area
Delivering £5.7m GVA (economic output) per year throughout construction
Boosting Local Authority Revenue through Council Tax receipts
Generating up to 55 jobs (FTE) on-site and a further 20 indirect and induced jobs (FTE) across the wider region once the retirement village comes into use