Lenders Octopus and Puma Finance have agreed to fund the developer’s multigenerational scheme on the site of the former Macdonald hotel in Warrington borough. 

The £28.25m funding package has triggered a start on site for the project, which was approved in 2018 and is being delivered by a joint venture between the McGoff Group and land owner Macdonald Hotels.

The scheme features 45 retirement apartments, a 66-bed extra care facility, and a children’s nursery on the site of the former Lymm Hotel on Whitbarrow Road.  

The development is described by McGoff Group as a “new concept in inter-generational living, bringing young and old together to form a thriving new hyperlocal community with proven health, social and wellbeing benefits for all”.