Cornerstone Healthcare secures funding for ‘green’ home
Cornerstone Healthcare Group, a specialist care home operator in the Southeast, has teamed up with Virgin Money on a multi-million-pound project which will see the development of an 80-bed, ‘green’ eco care home in Bristol.
The deal is expected to create 140 jobs in the local area.
The facility has been designed to be thermally efficient, meaning it will retain heat in the winter and stay cool in summer for longer, the group says.
It will have solar panels on the roof to provide electricity and use environmentally friendly air source heat pumps to heat or cool the building. In addition, the facility’s rooftop garden will benefit the local wildlife and, alongside a sustainable drainage system that will manage rainwater attenuation.
Cornerstone chief executive, Johann van Zyl, said: “To have the backing of Virgin Money on what is an exciting and innovative project paves the way for future of care home development. Both Cornerstone and Virgin Money are committed to reducing their carbon-footprint making this the perfect collaboration and hopefully the first of many”.
Graham Harper, senior director of health & social care at Virgin Money added: “Having developed a close relationship with the management team at Cornerstone over the last few years, the Virgin Money health and social care team are delighted to be able to assist them with their second new build development. The provision of specialist nursing beds is in short supply and the completion of this new home in Bristol will provide an additional 80 much needed complex care beds for the region”.
Work on the site has started, with the care home due to open in 2023.
Financial details of the deal were not disclosed.
Date published: January 17, 2022