New re­tire­ment vil­lage on way for Pa¯pa¯moa

Te Puke Times - - NEWS - By KIRI GILLE­SPIE

A new $150 mil­lion re­tire­ment vil­lage is com­ing to Pa¯pa¯moa.

The 8ha prop­erty is lo­cated 4km east of Pa¯pa¯moa’s main shop­ping area, and about 11km from Tau­ranga’s Cen­tral Busi­ness Dis­trict, at the end of Manawa Rd. The plot of land was bought for an undis­closed sum.

It is the first project in Tau­ranga city for the Sum­mer­set Group, which wants to build a 280-unit vil­lage on the site, of­fer­ing two-and three-bed­room vil­las and ser­viced apart­ments, a care cen­tre and rest home with hos­pi­tal-level care and a mem­ory care cen­tre.

The Pa¯pa¯moa vil­lage is ex­pected to open in 2020 and pro­vide 40 per­ma­nent jobs.

Tau­ranga forms part of what re­tire­ment vil­lage op­er­a­tors de­scribe as the Golden Tri­an­gle with Hamil­ton and Auck­land. The large, age­ing de­mo­graphic of the three cen­tres pro­vides a tail­wind for new de­vel­op­ments to house that pop­u­la­tion.

Sum­mer­set chief ex­ec­u­tive Ju­lian Cook said the com­pany had been look­ing at Tau­ranga for some time.

Cook said Tau­ranga was in need of both care and de­men­tia care fa­cil­i­ties for res­i­dents.

“Sum­mer­set in­te­grates care into its vil­lages, so res­i­dents liv­ing in in­de­pen­dent vil­las can eas­ily move into more sup­ported ac­com­mo­da­tion on site if their needs change,” he said.

“De­men­tia is a sig­nif­i­cant and grow­ing health chal­lenge, with more than 170,000 New Zealan­ders fore­cast to have de­men­tia by 2050,” Cook said.

Sum­mer­set will part­ner with the for­mer own­ers of the land, Te Kapu o¯ Waitaha, to pro­vide ed­u­ca­tional schol­ar­ships in health and well­be­ing, in­clud­ing care for the el­derly.

“The schol­ar­ships are an op­por­tu­nity to give back to the Waitaha peo­ple in an on­go­ing way. We feel very proud to be in­volved,” Cook said.

Tau­ranga Mayor Greg Brown­less wel­comed the de­vel­op­ment.

“There’s ob­vi­ously a big de­mand here with our age­ing pop­u­la­tion. It’s good we are get­ting a bit more of the younger peo­ple com­ing to live here now, but there are older peo­ple, even my­self, who even­tu­ally will need a fa­cil­ity such as that.”

Brown­less said hav­ing an aged care fa­cil­ity based in Pa¯pa¯moa East would help add to the bal­ance of the new homes and child­care de­vel­op­ments in the area.

In 2016, Sum­mer­set built an $80m re­tire­ment vil­lage in Katikati.

Sum­mer­set has 23 re­tire­ment vil­lages com­pleted or in de­vel­op­ment. It also has nine sites for de­vel­op­ment in Par­nell and St Johns (Auck­land), Avon­head (Christchurch), Te Awa (Napier), Po­hutukawa Place (New Ply­mouth), Rich­mond (Tas­man), Pa­pamoa (Tau­ranga), Kenepuru and Lower Hutt (Welling­ton), bring­ing the to­tal num­ber to 32.

PHOTO / SUP­PLIED

An aerial view of where a new $150m re­tire­ment vil­lage will be built at Pa¯pa¯moa.

PHOTO / FILE

Sum­mer­set chief ex­ec­u­tive Ju­lian Cook said he was ex­cited to be bring­ing a new re­tire­ment home to Tau­ranga city.

Newspapers in English

Newspapers from New Zealand

© PressReader. All rights reserved.