Legal & General grows residential pipeline to tens of thousands of homes as it adds two new retirement schemes to its portfolio, Legal & General brings forward UKs first net-zero carbon retirement community* through Inspired Villages. [4][3] It is also said that this flooding was worsened by the dams built along the Kuma River mainstream. 10875 Pewamo Drive. Our latest press releases, research reports and multimedia. Osceola, Indiana 46561. Legal & General has invested over 29bn in levelling-up regional economies, including through major UK-wide regeneration schemes and has recently made a commitment to enable all its new homes to operate at net zero carbon emissions from 2030. Creating 146 new homes, this planning approval is the fourth achieved by Inspired Villages since lockdown began bringing the total number of consented new homes secured this year to 788. With an ageing society, we will soon have more people over 65 than under 18, but do not have the infrastructure, health-spend or social care to support this long-term demographic shift, exacerbated by a shortage of suitable later living options. Legal & General plans to build 3,000 retirement homes in city centres across the UK . Upcoming regulations in the European Union require us to show this pop-up and ask you to agree to keep using Bisnow.com. Our latest financial announcements, including full and half year results, AGM details, up and coming financial dates for your calendar, annual reports and information for shareholders. The support from the company is incredible and you never feel alone. A different side of nature can be seen each season. $280,000. Inspired Villages, established by Legal & General in 2017, is operating retirement communities that enable their residents to live healthier, happier, safer, and more independent and active lives. Copyright 2023 - Inspired Villages Group Limited. All Rights Reserved. [3], In the past, there have been constructions of three dams on the mainstream of Kuma River, which are, in the order from the estuary, the Arase dam, the Setoishi dam and the Ichifusa dam. Housing for an Ageing Population by Professor Les Mayhew, ARCO and CSFI, https://www.hbf.co.uk/news/homes-later-living-healthier-and-happier-report, https://www.ageuk.org.uk/our-impact/policy-research/loneliness-research-and-resources/?_sm_byp=iVVP8bqH77P7Jk8H, Planning permission for a 270-home, 215m scheme in Kingswood, Surrey, which will be one the biggest retirement villages in the UK once complete, Planning permission for a 130-home, 60m scheme in Turvey, Bedfordshire, A site acquired with outline planning permission for a 200-home, 120m retirement village in Caddington, Bedfordshire. Read our policy here. ", Phil Bayliss, CEO of Later Living at Legal & General Capital, "Todays news represents Legal & Generals first steps towards enabling all new homes to be operationally net carbon neutral within a decade, reducing the emission of many tonnes of greenhouse gasses, whilst saving customers money and meeting the needs of investors who increasingly focus on sustainable solutions. [9] There were also issues of cost maintenance of the Arase dam and the decline in the need of hydropower. Later in the 20th century, the landscapes of the Kuma river started to change due to constructions of large dams, including the Ichifusa dam, the Setoishi dam and the Arase dam for the purpose of controlling water-related issues such as flood. Registered in England and Wales: 10876791. our existing retirement village residents are saying, how moving to one of our retirement villages works. Currently Inspired Villages is on track to deliver 2,500 homes for over 65s over the next six years. Faux Finishes . Find out what our existing retirement village residents are sayingor find out how moving to one of our retirement villages works. Located in Bedfordshire and Hampshire, together they are bringing forward over 350 energy efficient homes a first for the UKs later living sector. This is not a step Ichifusa dam was built by the Kumamoto Prefecture government, also at the upper stream of the Kuma River for water supplies of its neighbourhood. Seeing significant growth since its foundation, Inspired Villages currently operates six later living communities across the UK and is set to add to the portfolio with a further 2,500 homes over the next six years. It is the only major and the largest river connected to the Yatsushiro sea. Established in 1836, we are one of the UK's leading financial services groups and a major global investor. Inspired Villages supports 919 residents in living healthier, independent lives for longer so that they can remain in their own home as they age, while being able to access necessary support and wellbeing services when needed. The Kuma River and its watershed had a great role for developing the economy of the region by stabilising power supply. Inspired Villages | 6.332 flgere p LinkedIn. [3] Along with the decision to remove the Arase dam, a new dam construction on one of the tributaries of the Kuma river (Kawabe river) was also cancelled. Generally, from early March to May, Ayu fish flow into the Kuma river from Yatshushiro sea. Being able to bring together our housing platform and our clean energy investments, through the deployment of Kensas high efficiency ground-source heat pumps, demonstrates how Legal & General is taking a holistic approach to Building Back Better from early stage capital investment, through to construction and operation. In keeping with Inspired Villages ethos of creating communities in and around its villages, many of these facilities will be available to both residents and the local community. The Struggle over the Arase Dam: Japan's First Dam Removal Begins. The Kuma River is classified as class A river, under the management of the Japanese government.[1]. Call us on 0800 138 0235 or click here to arrange a visit. But no government commitment on reforms, MPs briefing: Stop trying to reform leasehold. It is the longest river in Kyushu, with the length of 115 km long and has a drainage area of 1,880 km 2 (730 sq mi). Kuma Shochu is produced by 28 distilleries as a world brand, and there is a substantial amount of fruit, including Yamae chestnuts (Kuma chestnuts), which were presented to the Emperor of Japan. Investing in the real economy and supporting the Groups focus on climate and inclusive capitalism, LGCs investments create jobs, change lives and contribute towards a net zero carbon future. Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}323000N 1303400E / 32.5N 130.5666667E / 32.5; 130.5666667, The Kuma River (, Kuma-gawa) is a river in Kumamoto Prefecture, central Western part of Kysh, Japan. Hitoyoshi Kuma is nationally recognized as the best place in Japan for cultural richness and warmth of its locals. Despite maintaining much of its natural landscape, the Kuma River and especially its basin area was largely impacted by human activities for economic and social development. Actually, we started our journey from Hakata to Kumamoto via Shinkansen, then "Steam Locomotive Hitoyoshi" (SL, a traditional steam train) to Hitoyoshi, right after "Isaburo Shimpei" to Yoshimatsu, also "Hayato No Kaze Express" to Kagoshima Chuo Station. We hope to see further deals like this follow.. [citation needed]. [17], The Kuma River have also badly flooded in 1965, caused by heavy rainfall. Due to its characteristics as a basin, Hitoyoshi Kuma has dramatic changes in temperature. 16 Jun 2020 Currently there are more than 12m over 65s in the UK and this figure is expected to increase by 41% to nearly 18m by 20402. The Kuma River is categorised as one of the A-class rivers, strictly regulated under the Japanese government. This was starkly evidenced in the recent Home Builders Federation report, Healthier and Happier3, which calculated that building an extra 30,000 retirement living homes would create a fiscal saving of 2.1 billion annually. Listing courtesy of Kirstyn Stroinski from Inspired Homes Indiana. Click the link below to find out more. [14] As a result, the removal of the Arase dam was decided in 2019, and its removal process began in early 2012, gaining much of its attention as the first ever dam removal in Japan . It will be converted to 131 homes, with another 139 built on the existing car park and another locally listed. Inspired Villages Group (IVG), an operator and developer of later living accommodation established by Legal & General in August 2017, announces the acquisition of Ledian Farm, Leeds Village in Kent, as it continues to deliver its ambitious growth plans to provide service-led later living communities across the UK to meet the needs of the most underserved housing sector. For future Millfield Green residents, the net-zero approach will have a positive long-term impact onrunning costs, which will be unaffected by external suppliers future energy cost rises. The Kuma River and its watershed covers nearly 25% of the entire area of Kumamoto Prefecture, and it is the largest river in the prefecture. We're still open for viewings with added safety measures in place. Inspired Villages research has shown that the majority of people who live in an Inspired Village move from within a 10-mile radius of the village they choose. The Arase dam was built on the Kuma River for the purpose of hydropower generation and control of water levels and flooding. Other flourishing areas are the high-quality shaku ayu (ayu, or sweetfish, longer than 30 cm) and yamame trout, as well as the Japanese Black Kuma cattle and dairy farming. These net zero carbon villages will give their residents long-term security over running costs whilst helping to combat climate change. We're looking for new opportunities to further add to the growing portfolio of Inspired Villages. Broadening the range of growth assets that pension money can access is an important step forward for the UKs growth agenda and economic future, allowing our countrys savings to support the UK in building back better, address climate change and tackle the major issues society is facing. With a strong social purpose, it is driven by the desire to keep residents healthier and happier for longer and take the pressure off our already overstretched NHS and care services. We are reshaping Britain's towns and cities. Halliwell is transferring to Inspired Villages from his current role of CFO at Legal & General Capital which he has held for the last five years. [5] The sediments of Kuma River originate from the Chichibu terrane and the Higo volcanic. Kensa and Legal & General celebrate a greener future with official factory & office opening, The RBI was established to measure the UKs progress in levelling up on a quarterly basis. We are investing for the long term to revolutionise the UKs later living offering, delivering vibrant communities which can support an increase in health-span, well-being and help tackle loneliness in older age. [3] The Kuma River begins its course from Mount Choushigasa flowing primarily through Kumamoto prefecture, leading to the Yatsushiro Bay. As you get older, we believe that your quality of life should flourish. The Kuma River and its surrounding areas are also enjoyed as a popular tourist site. Its purpose is to invest societys capital for societys benefit. Hitoyoshi Kuma has JR Kyushu and a local line, Kumagawa Railroad. [1], In 1951, The Kuma River General Development Project, also known as The Kuma River comprehensive development plan was enacted by the government of Kumamoto Prefecture. Share price 263.90p at 19:25 on 4 Mar 2023. It is now looking for further development sites. [14], Due to severe impacts on the environment of the river, such as the disappearance of particular species, there have been debates over dam constructions from the 20th century. Our purpose is to build a better society, while improving the lives of our customers and creating value for shareholders. There is a need to provide a greater support to our older people within society and Covid has shown us that ensuring the health and wellbeing of our older people, whilst supporting our NHS and social care services, is paramount. We will email you a link to reset your password. Our news is free and we intend to keep it that way. Ichifusa, the highest mountain in the Hitoyoshi Kuma area, has 1,000-year-old high-quality cedars called Ichifusa cedars. Recently, it has become a spot where people can do trekking and forest therapy, and there are mountains all over the area where mountain climbing is possible. Inspired Villages operates and develops beautiful, age-appropriate homes within vibrant communities in suburban and rural locations across the UK. Facilities will include a restaurant, caf, library, wellness centre (comprising a fitness studio, gym and swimming pool) and cinema room. We are also a member of The Associated Retirement Community Operators (ARCO), the main body representing the Retirement Community sector in the UK. Due to age-appropriate design, wellness facilities and services which enable quality of life, studies have shown that living in a retirement community leads to a 46% decrease in the number of planned GP visits and residents experience a 31% decrease in planned hospital admissions. [16] One of the areas nearby was flooded up to a depth of 4.3m. The new net-zero retirement community, Millfield Green, is located in Caddington, central Bedfordshire, and will bring forward 200 specialist age-appropriate homes over four phases, with a Gross Development Value of 120m. Inspired Villages, established by Legal & General in 2017, is operating retirement communities that enable their residents to live healthier, happier, safer, and more independent and active lives. Cookie, Its time to re-think retirement; what it means, what it signifies what it has to offer you now and in the years to come. The Kuma River has always been famous for the catching of Ayu fish, also known as sweetfish. As with all websites, we use cookies. The Kuma River (, Kuma-gawa) is a river in Kumamoto Prefecture, central Western part of Kysh, Japan.It is sometimes referred as Kumagawa River. Young, Sansfica M. (2013). Legal & General Capital is the Groups alternative assets platform, investing shareholder capital for the benefit of society, to address environmental challenges and support inclusive economic growth to build a better future. We can create custom designs using hand painted and ornate moldings to beautifully transform this often neglected space. Welcome to propertyweek.com. Even before the pandemic, more than two million people in England over the age of 75 lived alone and more than a million older people said they go for a month without speaking to a friend, neighbour, or family member. During the 1950s, the Kuma River gained attention of the Kumamoto prefecture when dealing with the issues the shortage of electricity supplies. We need you to be cool with us holding onto your email address (if we already have it) and for us to email you about commercial real estate news and events. We provide a vast array of faux finishes from wall glazes, faux stone, marble, wood graining, aged crackle, painted and raised stencil, metallic . This motivation influences every part of an Inspired village - from the service levels of our team through to the planning and design of the village itself. It is sometimes referred as Kumagawa River. Iinuma, S. (2013). Log in. The deal supports Inspired Villages next stage of growth as it scales up its ambitions to build net zero carbon later living communities across the UK. In addition, cooked meals from the village restaurants have been available to be delivered directly to residents. These include construction of dams damaging the habitats of natural species, as well as deforestation of the Kuma river basin due to paper industry. In 1999, fish ladders were built at the Arase dam and Setoishi dam but it did not lead to solving issues of decrease in the number of species along the Kuma River.[3]. (2013). The national level administrations of Ministry of land, Infrastructure, Transport and Tourism are in charge of management of the rivers of Japan. This social isolation, and loss of social support and services has been further exacerbated in the last 18 months. However, only 7,000 units are being delivered to market each year, so the disparity between supply and demand is vast due to complications in the planning stages. [3] Difficulty to catch the Ayu fish also led to relocation of local residents around the Kuma river. Carbon can be offset by the contribution of on-site renewable energy generation. Hitoyoshi Kuma is a region with a wealth of nature, where the Kuma River, one of Japans three swiftest flowing rivers, flows through the middle of a perfect basin surrounded by mountains. The deal will allow us to grow at pace so we can help thousands more over 65s enjoy healthy, independent living for longer and support our countrys overburdened health and social care system. The three companiesInspired Villages, Legal & General Capital, and Willmott Dixonhave come together to build The Millfield Green development, which will consist of 200 apartments. The village teams have also organised socially distanced gatherings for coffee and wine on resident balconies and patios, arranged walks and socially distanced exercise classes in the spacious grounds of the villages, and made regular buddy calls. CookieCookie, . SUBSCRIBE for as little as 6 per week. You can see all our most recent announcements and publications in one place under 'Latest' and read more about our experts. 21 Sep 2020 Inspired Villages, Legal & General's later living business, announces that it has expanded its presence in Hampshire through the acquisition of a. Make new friends, discover new hobbies, spend time enjoying the exceptional facilities and explore the world around you. In June 1836, six lawyers founded Legal & General - read our story from the very start. [6], The round shape of the Kuma River basin assists with water and sediment transport function. We need additional data to finish your registration. The upper stream of the Kuma River run through a steep gradient which later changes to medium gradient. Financial Fatigue: Over 24 million adults in the UK are financially disengaged, L&G Mastertrust reaches 20bn AUM milestone, Oxford University Development marks first delivery milestone. Registered users and subscribers SIGN IN here to continue, Student Accommodation Conference & Awards, Property Week Digital Edition 3 March 2023, Cautious welcome for infrastructure proposal, Industry split on plan to bring in social housing qualification, Taylor Wimpey reports 11% profit increase, Office occupiers not ready for April energy standards deadline. The average length of the Ayu fish in the Kuma River is 22.7cm, with the weight at an average of 122g. We need you to know that security is our top priority and that we hold any information we have about you under lock and key. Impacts of the Sea Dike and Reclamation Project in Isahaya Bay on Baroclinic Structure in the Ariake Sea, Japan. NatWest Group Pension Fund is closely aligned with our sustainability goals, so partnering with them will allow us to continue to lead the sector, delivering net zero carbon later living communities which will make a real difference to the way we live and age in future., Phil Bayliss, Chairman of Inspired Villages, commented: Covid has shone a light on the role that later living communities play in our society, further rocket-fuelling demand for high quality, aspirational later living accommodation. Mozilla Firefox | Our new JV with NatWest Group Pension Fund is a tremendous validation of the growth of Inspired Villages as an operator of later living communities. ", John Bromley, Head of Clean Energy at Legal & General Capital, "We are delighted to be starting on site on this major new scheme and bringing forward the UKs first operationally net-zero carbon (regulated energy) retirement community. After passing a few small villages, some with only about three homes, you suddenly emerge from the forest and you are in a city with street and traffic lights. We run events at our Inspired Villages all year around. Built in the late 1980s, Legal and General House was Grade II listed in 2017. Working with Legal & General, Inspired Villages has the support of . Legal & General has appointed nine contractors to a framework for its later living business Inspired Villages as it expands its development plans in the South east of England. The seven acre site, which comes with a detailed planning consent for a retirement village, is expected to have a Gross Development Value of in excess of 50m and provide over 115 homes when built. L&G has also been building retirement villages in leafy rural areas since acquiring Inspired Villages Group . [citation needed] The changes of water flow, water levels and the pollution of water caused the freshwater eels to leave the Kuma River areas. The delivery of Legal & Generals first net zero community is testament to the companys long-term vision for housing in the UK, where it has begun piloting energy-saving initiatives through design and operation. Millfield Green is set to create around 1,100 jobs through construction and operation. Elderswell is part of an ambitious development pipeline, with Inspired Villages to deliver over 2,500 specialist homes for over 65s in the next six years. Working with Legal & General, Inspired Villages has the support of . Along with the added benefit of flexible, on-site care, Inspired Villages provides an outstanding lifestyle choice that promotes independent living for longer. We are on course to significantly transform the later life experience in the UK with a commitment to expand our portfolio to 34 retirement villages, which equates to around 5,000 age-appropriate homes for older people.

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