The topping out of the final buildings has taken place at The Oakleigh, a £115 million purpose-built integrated retirement community in St Albans, Hertfordshire, which has been developed and will be operated by Elysian Residences.

The Oakleigh has been funded by Senior Living Investment Partners, a partnership between Pension Insurance Corporation, an insurer of defined benefit pension schemes, and real estate lender and investor Octopus Capital, via its joint venture with Elysian Residences. The scheme was designed by architectural practice ColladoCollins and the builder is Kingscote Construction.

Set in just under 13 acres of land, The Oakleigh will deliver 124 new homes, comprising 44 two- and three-bedroom cottages and 80 one-, two- and three-bedroom apartments. There is a village green with ornamental pond, a clubhouse. The Oakleigh will offer a 24-hour onsite front of house team, a professionally curated library, media room designed for lectures, musical performances and entertainment, restaurant and bar, gym and tailored care and support services available as required.

Gavin Stein, chief executive at Elysian Residences, said: “This development is a testament to our commitment to providing exceptional living environments in the retirement sector combining stunning design, high-end amenities, and a vibrant community. The Oakleigh represents the very best of modern retirement living, offering a truly unlimited lifestyle in a unique and enriching setting. We look forward to welcoming those who will live within this exceptional new village and to offering the very best hospitality, support and community life.”

Andy Beckett, managing director, Kingscote Construction, commented: “We are proud to celebrate the topping out of The Oakleigh retirement village, the result of the dedication and expertise of our construction team. This milestone marks an important step towards completing this wonderful new village, designed to provide a truly exceptional quality of life and environment. Working alongside Elysian Residences, we are once more bringing their inspiring vision of later living to life.”