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

 


Ryman Healthcare to build boutique village in Wellington

Ryman Healthcare to build boutique village in Wellington


Ryman Healthcare has bought a significant site in Newtown which will be developed into a boutique retirement village for the wider South Wellington community.

The 6000m sq site has been bought from supermarket giant Foodstuffs for an undisclosed sum and has frontages on Adelaide Rd and Hanson St.

Ryman Healthcare managing director Simon Challies said the new village would include independent and serviced apartments, as well as resthome, hospital and dementia care.

“It’s a great site with terrific views across the city and it is close to public transport, shops and the hospital.’’

“Newtown is a vibrant part of Wellington with a strong sense of community and we’re delighted to be building there.’’

Mr Challies said the southern suburbs were under-serviced for retirement village options and the boutique village would fill a gap in the market.

“Wellington has a rapidly growing ageing population in line with the rest of the country. It’s our sixth village in the greater Wellington area which is a sign of our commitment to the region.’’

Design concepts are being worked on but it is too early to say what the final scheme will look like or when a construction start date is likely.

Angela Bull, general manager of Property Development at Foodstuffs North Island, said the site was sold after a re-evaluation of the co-operative’s portfolio.

“After investigating a range of options for the site, we are pleased to have been able to work with Ryman Healthcare to achieve a great result for both the property and the Wellington community,” Angela Bull said.

Ryman opened its first Wellington village in 1998 and its villages include Malvina Major in Khandallah, Rita Angus in Kilbirnie, Shona McFarlane in Lower Hutt and Charles Fleming in Waikanae. In addition, construction is under way on a new village in Petone.

Statistics NZ estimates the number of New Zealanders aged 75 plus will almost triple to 731,000 over the next thirty years. Ryman opened a new village in Melbourne earlier this year. In Victoria the outlook is similar, with the number set to triple to 1.1 million.

Earlier this year Ryman announced it had eight new sites in its landbank. Other
villages are being developed in Birkenhead, Devonport, Pukekohe and a new village will open later this year in Howick. Four sites are still covered by confidentiality agreements.

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Future Brighter Money: RBNZ Releases New Bank Note Designs

New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year. More>>

ALSO:

Commerce: Supermarket Inquiry Finds No Breaches By Countdown

The Commerce Commission inquiry into anti-competitive behaviour by Countdown supermarkets, alleged by former Labour Party MP Shane Jones, has found nothing to warrant prosecution, although it warns supermarkets to take care in the way they communicate... More>>

ALSO:

Crown Accounts: English Flags ‘Challenge’ To Budget Surplus

Finance Minister Bill English is warning next month’s half yearly fiscal and economic update from the Treasury may not forecast a budget surplus, saying that returning the government’s accounts to surplus in 2015 will be “a challenge”, given the decline in commodity prices and weak global inflation. More>>

ALSO:

March 2015: Netflix To Launch In Australia And New Zealand

World’s Leading Internet Television Network to Offer Original Series, Movies, Documentaries, Stand-Up Comedy Specials and TV Shows for Low Monthly Price More>>

ALSO:

Price Of Cheese (Is Up): Dairy Product Prices Fall To Five-Year Low

Dairy product prices fell in the latest GlobalDairyTrade auction to the lowest level in more than five years, led by declines in rennet casein and skim milk powder. More>>

ALSO:

Gordon Campbell: On The Australians Scoring Trade Points Against Us With The Chinese

It hasn’t been a great year for Trade Minister Tim Groser... To top it off, Australia has just signed a FTA with China that has far better provisions on dairy exports than what New Zealand currently enjoys in our own FTA with China. More>>

ALSO:

Iwi & Local Consultation: Oil And Gas Block Offer 2015 Begins

Energy and Resources Minister Simon Bridges today announced the start of the Block Offer 2015 process for awarding oil and gas exploration permits. More>>

Industrial Action: Stats NZ Throwing Public Money Away Duplicating Data

The Public Service Association (PSA) says Statistics NZ are throwing money away by collecting the same data twice for official statistics such as the Consumer Price Index... As part of the ongoing industrial action, field interviewers who are PSA members are continuing to collect data, but are not sending it through to Statistics NZ. More>>

ALSO:

Other Stats:

Space: Rosetta's 'Philae' Makes Historic First Landing On A Comet

After more than a decade traveling through space, a robotic lander built by the European Space Agency has made the first-ever soft landing of a spacecraft on a comet. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news