Vivere is now looking for other sites in the city, the Lothians and Fife to turn into similar homes.

Vivere was formed by a joint venture between Probitas, a specialist in extra care and senior living homes, and local contractor the Stephenson Group.

Scott Curran, Co-Founding Director of Vivere said: “It is our aim to create a portfolio of high-quality extra care living communities in Scotland, commencing in Edinburgh.

“These will be high quality homes, alongside on-site amenities and tailored care services to suit resident’s needs. Our aim is for our residents to live longer, not grow old.

The provision of extra care communities will help to relieve local pressures on NHS services, as well as providing homes to the hugely undersupplied housing sector in Scotland.”

Martin Stephenson, Chairman of Stephenson Group and Co-founding director of Vivere added: “Scotland, like the rest of the UK, has an overwhelming demand to provide housing with care and services to a large and fast-growing older demographic, but with the key difference for Scotland currently being the huge lack of supply of these tailored homes and services within the housing sector.

“With its development plans Vivere aims to provide a quality product to the market and help to meet the demands in the sector.”