Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Ryman to build Devonport retirement village

Media release – May 2 2014

Ryman to build Devonport retirement village


Ryman Healthcare is planning to build a new retirement village at Devonport on Auckland’s North Shore.

Ryman has secured a 4.2 hectare site owned by Ngāti Whātua Ōrākei on Ngataringa Rd, where it plans to build retirement village which will eventually be home for up to 300 residents.

Managing Director Simon Challies said the site had magnificent views of Auckland harbour and the city, and the village would be a great asset for Devonport’s retirement community.

“There’s no retirement village in Devonport at the moment and all our research shows there is considerable demand or care and retirement living amenities in the area. As well as providing homes for independent residents the village will also provide resthome, hospital and dementia care.’’

“This means that people with care needs currently living in the area can stay in the place they love without having to move out of Devonport.’’

The village will free up hundreds of homes for resale in the area.

Chief executive of Whai Rawa, Ngāti Whātua Ōrākei commercial arm, Rob Hutchison said the iwi is excited by the opportunity.

“We are really pleased to be working with a major player such as Ryman and we look forward to seeing what is planned for the site.’’

“Ngāti Whātua Ōrākei wanted to ensure there was a long-term development at Wakakura, which would provide not only for its people but also create housing opportunities for the community and we believe this will achieve that.’’

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Must Sell 20 Petrol Stations: Z Cleared To Buy Caltex Assets

Z Energy is allowed to buy the Caltex and Challenge! petrol station chains but must sell 19 of its retail sites and one truck-stop, the Commerce Commission has ruled in a split decision that acknowledges possible retail price coordination between fuel retailers occurs in some regions. More>>

ALSO:

Huntly: Genesis Extends Life Of Coal-Fuelled Power Station To 2022

Genesis Energy will keep its two coal and gas-fired units at Huntly Power Station operating until 2022, having previously said they'd be closed by 2018, after wringing a high price from other electricity generators who wanted to keep them as back-up. More>>

ALSO:

Dammed If You Do: Ruataniwha Irrigation Scheme Hits Farmer Uptake Targets

Enough Hawke's Bay farmers have signed up for water from the proposed Ruataniwha Water Storage Scheme for it to go ahead as long as a cornerstone institutional capital investor can be found to back it, its regional council promoter announced. More>>

ALSO:

Reserve Bank: OCR Stays At 2.25%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2.25 percent, in a decision traders had said could go either way, while predicting inflation will pick up as the slump in oil prices washes out of the data and capacity pressures start to build in the economy. More>>

ALSO:

Export Values Down: NZ Posts Biggest Annual Trade Deficit In 7 Years

New Zealand has recorded its biggest annual trade deficit since April 2009, reflecting weaker prices of agricultural commodities such as dairy products, beef and lamb, and increased imports of vehicles and machinery. More>>

ALSO:

Currency Events: NZ's New $5 Note Wins International Banknote Award

New Zealand’s new Brighter Money $5 note has been named Banknote of the Year in a prestigious international competition. The $5 note was awarded the IBNS Banknote of the Year title at the International Bank Note Society’s annual meeting. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news