A new retirement village has been proposed for St. Modwen's £1bn Longbridge regeneration scheme in Birmingham.

The village would be for people over the age of 55 and will create at least 50 full time jobs and up to 200 jobs on site during the construction phase.

Mike Murray, senior development surveyor at St. Modwen, said:  "We are delighted ExtraCare has decided to invest in Longbridge. This will be a welcome addition to the housing offer as well as creating even more job opportunities for local people.

"The retirement village adds to the site's variety and offers an all-inclusive community, while strengthening our aim to create both a successful business environment that delivers job opportunities and a sustainable community and destination for people to live, shop, learn and relax."

The ExtraCare Charitable Trust has purchased five acres of land fronting Lickey Road, on the edge of Longbridge Town Centre for the £35m village, which will provide 260 one and two bed apartments.

Mark Curran, development and sales director at The ExtraCare Charitable Trust, said: "Longbridge is a perfect choice for our next retirement village - it is an exciting, vibrant new community that offers an abundance of facilities for our residents. We are delighted to be part of its growth and to join the long list of facilities and high profile businesses there.

"Our exciting scheme will provide a modern alternative to traditional retirement accommodation. Homes will be modern, comfortable, spacious and affordable, and there will be wide range of social facilities for both residents and the wider community to enjoy."

ExtraCare has submitted a planning application to Birmingham City Council for the three and five storey retirement village, along with a new access road and roundabout, undercroft parking and landscaping, with work planned to begin in early 2015.