A new later living developer and operator, backed by real estate funds managed by ActivumSG Capital Management, has launched as Opus – offering best-in-class complete later living at villages across England.
The unique Opus model offers the full continuum of care with high quality independent and assisted living, as well as an integrated care home within each village. Opus is unveiling details of its first two villages alongside its brand launch: Edgbaston Place in Edgbaston, Birmingham, and Stoneham Park, near Southampton, Hampshire, which will collectively deliver 290 apartments and 90 care beds. Both villages are scheduled for delivery in late 2024 to early 2025.
Opus has secured a number of additional sites for its development pipeline, supporting scale-up plans for the platform to develop and operate villages throughout the country. The Opus management team, led by Paddy Brice and Paul Jackson, has more than 15 years’ experience of working together within the sector, primarily at Richmond Villages, where they led the restructuring and subsequent successful sale in 2013.
Paddy Brice, Managing Director of Opus, said: “Our vision is to bring innovation and a fresh approach to later living. We are creating communities for each stage of later life, so when residents need more support, they can stay in the Opus village community with the right level of assistance and care on site. ActivumSG will enable Opus to play a leading role in transforming the approach to later living by providing a full continuum of care in a quality setting with exceptional amenities.”
James de Lusignan, Director of ActivumSG UK Advisors and Head of the UK, said: “Opus is offering something new, providing first-class homes to older people, where there are currently few options available. We have an excellent senior team with unrivalled experience in the sector, which has enabled us to move forward with a strong pipeline in place and a clear ambition to be the country’s leading later living developer and operator.”
Additional Site Detail:
Edgbaston Place, situated in Birmingham’s prime residential suburb of Edgbaston, in a prominent position on a main arterial route to the west, where 111 independent living village apartments, 47 assisted living village suites and a 50-bed care home will be created. The Village Manager and Head of Departments will oversee service teams delivering: bespoke domiciliary care packages; hospitality; nursing, dementia and residential care; activities and events; estate management and transport. Facilities will include restaurant and private dining, café/bar, library, activity studio, courtyard garden and a Spa with a pool, jacuzzi, salt room, gym, exercise studio, hair and beauty salon.
Stoneham Park, set in landscaped gardens with woodland walks four miles from Southampton, next to the newly developed North Stoneham Park. Accommodation will consist of 91 independent living village apartments, 41 assisted living village suites and a 40-bed care home. The Village Manager and Head of Departments will ensure the delivery of services, which will include bespoke domiciliary care packages; hospitality; nursing, dementia and residential care; activities and events; estate maintenance and transport. The village’s facilities will include restaurant and private dining, café/bar, library, cinema, activity studio and a Spa including pool, jacuzzi, salt room, gym, exercise studio, hair and beauty salon.
Image shows Paddy Brice, Managing Director of Opus