25 March 2021
Work on New Somerset Care Home To Get Underway
Midas Construction is due to begin work on a new 74-bed care centre in Somerset to add to client Cornerstone Healthcare Group's portfolio of highly specialised care homes.
Cale View will provide care for adults of all ages, with challenging behaviours associated with complex neurological and mental health conditions.
The facility in Wincanton will add to Cornerstone’s existing services in Hampshire and Surrey.
This £10 million development will increase the group’s beds to nearly 300 and will create 140 new job opportunities in Wincanton. It forms part of Cornerstone’s “Buy and Build” strategy and is the next phase in the company’s ambitious five-year growth plan to provide 500 beds for this underserved sector, by the end of 2024.
Cornerstone Healthcare Group Chief Executive Johann van Zyl said: “This is the next step in an exciting phase of growth for Cornerstone Healthcare. Unlike our previous acquisitions, we are building Cale View from scratch. This will give us the opportunity to provide, not only care that is tailored to our residents, but a home that is designed to cater for their complex and challenging needs.
“This project gives us the opportunity to increase our service to a large group of people who tend to be forgotten about and to ease the burden on dementia care homes in the area who may struggle to manage the needs of these individuals.”
“It is of the utmost importance that Cale View contributes to the local community and, as part of our company policy, we will be supporting local businesses by contracting with them for professional services, products and consumables for the home.”
Healthcare sector specialists, Clydesdale Yorkshire Bank and London based equity partner, Ignite Growth are funding the development and NorthStar Projects will act as Cornerstone’s Project Managers with the Midas Group responsible for the construction of Cale View.
The project is due for completion next autumn.