Octopus Real Estate secures planning permission on an 80-bed care home development at Blythe Valley Park
Octopus Real Estate, part of Octopus Group and leading UK specialist real estate investor, has formally secured planning permission for a major care home development at Blythe Valley Park, Solihull. The planning consent, granted by Solihull Metropolitan Borough Council, will see the 1.4-acre site transformed into an 80-bed care home including extensive landscaping.
The new home, to be built on land purchased from IM Properties, is part of Blythe Valley Park – an established 2 million square feet mixed use development, strategically located in the heart of the UK, surrounded by stunning parkland and leisure facilities. Blythe Valley Park is home to world class occupiers and amenities with over 122 acres of beautiful parkland.
Ashley Heath, Octopus Real Estate development team, said:
“Having worked closely with IM Properties and the local planning authority we are delighted to receive approval for the 80-bed care home. The high-quality design is centrally located at Blythe Valley Park and sits alongside the new residential developments being constructed by Bloor and Crest Homes. The site also benefits from being opposite the proposed new neighbourhood centre and has extensive landscaping and facilities. Its proximity to the amenities of Solihull, in conjunction to the expanding facilities at Blythe Valley Park, will create the ideal environment for a care home ensuring comfortable surroundings for both residents and their families.
“The complete delivery of this development will require specialist knowledge at each stage of the project. Having already successfully sourced the land and secured planning permission we look forward to supporting the construction process and sharing further development milestones with the local community.”
For journalists in their professional capacity only. Personal opinions may change and should not be seen as advice or a recommendation. Octopus Real Estate is the trading name of Octopus Property Lending Ltd (Reg No 7531926), Bridgeco Ltd (Reg No 6629989), Fern Trading Ltd (Reg No 6447318), Nino Ltd (Reg No 9015082), Octopus Healthcare Adviser Ltd (Reg 09082100), Octopus Healthcare Development Ltd (Reg No 03788979) and Octopus Co-Lend Limited (Reg No 8913299), all registered in England & Wales at: 33 Holborn, London, EC1N 2HT, and Dragonfly Finance S.ar.l. (Reg No B189290) registered in Luxembourg at: Parc d’Activité Syrdall, 6 rue Gabriel Lippmann, L-5365 Munsbach, Luxembourg. Octopus Co-Lend Ltd, Octopus Healthcare Adviser Ltd and Octopus Property Lending Ltd are authorised and regulated by the Financial Conduct Authority. Issued by Octopus Real Estate. Issued August 2019.