The McGoff Group, in partnership with joint venture partner Macdonald Hotels, has secured funding deals with Puma Finance and Octopus to progress plans for a new £28.25 million multi-generation development on the site of the former Lymm Hotel on Whitbarrow Road in Lymm, Cheshire.

The project will comprise a care facility, expertly designed children's day nursery and 45 bespoke luxury retirement apartments in a leafy conservation area setting close to the village and adjacent to the Trans Pennine Trail.

Designed by the McGoff Group and delivered by principal contractor McGoff Construction, the development is a new concept in inter-generational living, bringing young and old together to form a thriving new hyperlocal community with proven health, social and wellbeing benefits for all.

All aspects of the development will also be operated by the McGoff Group. Renowned for providing exceptional residential, nursing, respite and dementia care services in a comfortable and safe environment, the Group’s multi award winning care home provider, New Care, will take responsibility for the 66-bed care home.

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The nursery will be operated by Back to the Garden, the Group’s natural child-led day nursery concept. It will be the second site in the UK for the innovative nursery concept that focusses on active learning and outdoor play in a garden setting which has already enjoyed considerable success at its first site in Broadheath, Altrincham.

The McGoff Group's residential brand Villafont will deliver the 45 retirement apartments under a new sub-brand Villafont Concierge which will offer an impressive specification and enhanced lifestyle package for those looking for a luxury property with the option for elements of domestic support to enable continued independent living.

Director at the McGoff Group, Chris McGoff, commented: "A development like this is something that we have wanted to do for a long time and a concept that we believe passionately in. Thanks to the finance from Puma and Octopus, it can now take shape. We are excited to see how it becomes part of the local community and hope it can set a new blueprint for future schemes.

"Adjacent to the canal and next to an entry onto the Pennine Trail and with lovely woodland views, the leafy position of this site will appeal to all target age groups and will be perfect for young and old to enjoy."

Beyond Corporate provided advice on the real estate, planning, construction, corporate and financing aspects of the transaction. Completion of the funding and the start of works on site marked the end of four years’ work involving input from several teams within the firm.