New £8.4 million Retail Trust retirement estate opens
09 December 2009 09:27
A brand new Retail Trust retirement estate, Moores House Salford, will be officially opened at midday on Thursday – the result of £8.4 million of investment by Retail Trust and the Moores Family.
Moores House Salford is the fifth Retail Trust Extra Care retirement estate in the UK providing housing for life for older people. The 50 residents, including those retired from retail and supplying trades are able to live independently but with 24-hour support on hand.
A Community Centre provides facilities such as a restaurant, a health and wellbeing room for visiting therapists and a public area in which residents can socialise and take part in activities to really experience the benefits of living in a community.
Retail Trust Moores House Salford is the namesake of the Moores family, who have invested £3.2 million towards the development. Retail Trust invested a further £4.2 million from capital reserves and the £1 million shortfall is being raised with help from the Salford Capital Appeal group. Chaired by Alan White of N Brown, the group includes top-level retailers from Matalan, Littlewoods, Dreams and Park Group.
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