Enabling elderly residents to live active lives as valued members of an engaged, urban community presents a challenge to local authorities.
Designing and shaping our cities to ensure they meet the needs of the fast-growing 65+ demographic is critical. For local authorities dealing with the many-headed hydra of cuts to adult social care and healthcare budgets and a rapidly growing elderly population, the situation is worrying.
The public-private joint venture (PPJV) model is one approach that could unlock the later-living puzzle and support local authorities as they explore this complex and growing area of provision. Indeed, the benefits this can present for local authorities are significant – enabling a large-scale, strategic development outlook and a level of bigger picture planning that the public purse may not have the capacity to enable.
Our urban, mid-market affordable later living villages can offer a solution.