DEVELOPERS are to knock-down asbestos infested buildings to make way for a new home for the elderly.

A collection of ‘dilapidated’ buildings in the middle of Town Range are to be revamped in an effort to accommodate Gibraltar’s ageing population.

Range Court Ltd, a private real estate company based in London, filed the application to Town Planning to create ‘assisted living’ homes.

A company spokesperson said: “The proposal is now for an assisted living scheme; which with an ageing population is considered to be a typology in strong demand.

“Given its central location, this site is thought to be particularly apt for this purpose.”

The development will have specially designed bathroom units, laundry, and exercise facilities and every room with have it’s own balcony.  

The move reverses plans made in August to build a series of residential homes as the developers say it was no longer economically feasible to build them.