SME developer Beechcroft is building 95 assisted living apartments for the over 55s at Wilton Park in Beaconsfield, Buckinghamshire.
The scheme is backed with a £30 million finance facility from Paragon Bank.
The first units are expected to be available for sale in Winter 2026, with full completion anticipated in 2028.
Oliver Powlesland, senior relationship director at Paragon, said: “Wilton Park is a landmark later living development for the Beaconsfield community, and we’re thrilled to be supporting the Beechcroft team for the second time, after backing their previous scheme in Ascot.
“Later living schemes like Wilton Park provide tangible social and health benefits and a real sense of community for residents, and with an ageing population we imagine demand for homes like these will only continue to grow.
“Our continued relationship with the Beechcroft team gives us confidence in their vision and delivery, and we look forward to seeing this community take shape.”
The scheme forms part of a wider masterplan for Wilton Park, which will also deliver a 75-bed nursing home, open market housing, a new nursery, a cafe and sports pitches for the local community.
The Wilton Park later living scheme will provide 95 apartments, each featuring en-suite bathrooms and designed to Beechcroft’s renowned ‘Healthihouse’ specification.
This includes door handles and light switches with an anti-bacterial coating, non-porous worksurfaces and bathroom wall panelling that are hygienic and easy to clean and whole-house ventilation providing filtered air to the principal rooms.
Residents also get EV charging points, communal gardens, underground parking and an elegant residents’ lounge which will swiftly become the social hub for residents.
Located on Gorell Road, Wilton Park is set within over 75 acres of landscaped parkland, approximately a mile from Beaconsfield town centre, with easy access to amenities including supermarkets, independent shops, restaurants and cafes.
Buckinghamshire Council has seen a significant shortfall in local housing land supply, with nearly 69,000 new homes needed to meet future demand.