Situated on a 4.7-acre brownfield site on the outskirts of the town, Homewood Grove will consist of 116 one, two and three bed apartments.
Construction is scheduled to be completed in Spring 2024.
The properties will be highly energy efficient and will include modern features such as underfloor heating, double-glazed picture windows and an all-electric energy system to help lower bills and reduce the environmental impact.
Electric car charging points, an electric pool car as well as communal transport will all be available for residents’ use.
Howard Nankivell, Chief Executive Officer at Rangeford Villages said: “With continuously strong demand for high-quality as well as eco-friendly living solutions for the over 60s, we are delighted to announce Willmott Dixon as our main contractor for Homewood Grove.
“The company’s unrivalled reputation for creating sought-after homes is the perfect fit for this project and our teams are looking forward to establishing Homewood Grove as an exciting addition to the local community.”
Richard Poulter, Managing Director of Willmott Dixon’s Central South region added: “The new facilities will provide a brilliant building within which its residents can be part of a thriving community.
“The high-quality, sustainable credentials of this project are strongly aligned with our ambition to ensure the built environment allows its occupants, communities, and surrounding environment to thrive.”