PegasusLife completes first stage of CLT retirement development in Falmouth

PegasusLife has completed stage one of the UK’ first retirement development built using cross-laminated timber (CLT).

The event was celebrated with a top out ceremony at The Fitzroy, which is located on the seafront in Falmouth.

It has been designed by award-winning architects Allford Hall Monaghan Morris as a modern interpretation of the grand hotels on Cliff Road such as The Falmouth and The Royal Duchy.

The one, two and three-bedroom apartments have been built for PegasusLife, a specialist retirement living developer, by Midas Construction, part of the Midas Group.

They feature large floor-to-ceiling glass windows to make the most of its seafront location and the views over Falmouth Bay and the development includes a communal lounge with coastal views, which opens up to an outdoor terrace and maritime garden. There is also a guest suite for visitors and an on-site host service.

“We’re setting a new standard for desirable retirement living in wonderful locations like Falmouth,” said Howard Phillips, CEO of PegasusLife. “The design cleverly blends architectural heritage with cutting edge construction materials and processes. Living at the Fitzroy will give homeowners access to wonderful views out to sea and apartments that are spacious, filled with light and designed for making the most out of life.”

Andy McAdam, Midas divisional director for Somerset; Devon & Cornwall, added: “We are pleased to mark such a significant stage in the development of this exciting project, alongside our customer and partners.

“We have reached the highest point of construction and it is great to see the structure now completed. We are looking forward to the next exciting phase of work and to celebrating the completion of the project later this year.”



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