Charterpoint has sold its care home site at Vistry’s Westcombe Park in Heybridge, near Maldon, Essex, to LNT Care Developments.
Planning permission was granted in the summer for a 66-bedroom, three-storey care home, which will offer residential and dementia care.
The sale allows work to start on the new building.
Charterpoint will now focus on detailed plans for the neighbourhood centre at Westcombe Park.
This includes later living apartments, a health centre, a convenience store, retail units and a day nursery.
Giles Nursey, managing director of Charterpoint Group, said: “The sale of our care home site at Westcombe Park to LNT Care Developments marks the next stage of development at this exciting garden suburb of Heybridge.
“We look forward to seeing the delivery of this first-class care home, which will become a valuable community asset.
“Our focus is now on developing more detailed plans for additional facilities that are planned for the neighbourhood centre for Westcombe Park.”