Battersea Place on Albert Bridge Road will include 109 accommodation flats for people aged 65 and over, associated communal facilities and a 30 bed nursing home.

LifeCare Residences Chairman Cliff Cook said: “After creating a number of villages in my home country, New Zealand, I have always wanted to introduce this concept for retirement communities in the United Kingdom, particularly London.”

The development will mix high quality accommodation with 24 hour healthcare, support services, and recreation amenities designed to support independent and active retirees.

Dave Smith, Vinci Construction UK’s regional managing director, said work on the 106 week project will begin in September, with completion scheduled for two years time.