ARCO has doubled in size to 25 members, and has established itself as the authoritative voice of the housing-with-care-sector for older people in the United Kingdom.
Kew, Surrey (PRWEB UK) 27 March 2014
We are delighted to announce that Richard Davis, Chief Executive of LifeCare Residences, has been elected as the new Chair of The Associated Retirement Community Operators (ARCO).
Richard will lead ARCO in its continued efforts to establish the housing-with-care sector in the United Kingdom as a mainstream option for older people. He takes over from ARCO’s inaugural Chair Jon Gooding.
Richard said: “I would like to thank Jon Gooding for his leadership and dedication during ARCO’s formation in 2012. During this time ARCO has doubled in size to 25 members, and has established itself as the authoritative voice of the housing-with-care-sector for older people in the United Kingdom.
Jon Gooding, outgoing Chair, added: “I am grateful for the trust my colleagues put in me as ARCO’s first Chair, and proud of our achievements thus far. Now that ARCO enters its next phase, I am sure that Richard’s wealth of experience will help ARCO achieve its aim of 5% of the over-65s living in a retirement community by 2030.”
ARCO was founded in 2012 to help solve the housing needs for the next generation of retirees who face multiple social problems such as unsuitable housing, high care costs and loneliness. ARCO members build and own retirement communities, which combine specialist housing, care and community on one site, providing elderly people with the care and security they need, with their own front door.
LifeCare Residences are an experienced international developer and operator of retirement communities and have UK villages in Hampshire and Dorset and will open London's first luxury retirement community in October 2015.
LifeCare Residences are also a founding member of ARCO where there are currently 25 members, representing more than 300 retirement communities in the United Kingdom. For more information about ARCO please visit ARCO website.