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

 


Ryman Healthcare buys Tropicana

Ryman Healthcare buys Tropicana


$120 million Auckland project will provide much-needed retirement housing and care

Ryman Healthcare has snapped up one of the Auckland’s largest remaining undeveloped blocks of residential land for a new retirement village.

New Zealand’s largest retirement village operator has bought the Tropicana Estate, an 8.9 ha block of land only 10km from the CBD with fantastic views across the Manukau Harbour.

Ryman Healthcare is planning to turn Tropicana into a resort-style retirement village which will provide much-needed retirement amenities for the nearby suburbs of Hillsborough, Lynfield and Blockhouse Bay.

“The Tropicana Estate is one of Auckland’s gems,’’ Ryman Healthcare managing director Simon Challies said.

“Not only has it got some great sea views and native bush, it’s also close to town and in a great neighbourhood.’’

Mr Challies said the new village would be the first integrated retirement village in the area. As well as independent retirement housing the village would offer a full range of aged care services including serviced apartments, resthome through to hospital and dementia care.

“There’s a real shortage of retirement housing in the local area – and the care options are very limited, for dementia care in particular.’’

“The Tropicana village will mean that people from the area will no longer have to look elsewhere for somewhere to live in their retirement – they can stay in the place they love close to their families and friends,’’ Mr Challies said.

The new development will free up a number of local homes for resale as people move into the village.

The Tropicana village will include independent apartments, serviced apartments and a care centre. The centre will include specialist dementia care as well as hospital-level care.

Other amenities will include a gym, a bowling green, a hairdressing salon, a chapel, a movie theatre, a bar and an indoor swimming pool.

The suburbs in the immediate vicinity are home to over 6,000 retirees.

Ryman Healthcare has just started working through the design and planning process. The company has no firm dates for when the resource consent will be lodged but would hope to have the village opened by mid to late 2016.

Ryman Healthcare builds, owns and operates retirement villages based on an integrated care model for those aged over 70.

As well as providing construction work the village will create long-term jobs for the area. There will be roles for registered nurses, caregivers, housekeepers, activities co-ordinators and gardeners.

Ryman is expanding to keep up with demand as the population ages. Statistics New Zealand estimates the number of New Zealanders aged 75 plus will almost triple to 731,000 over the next 30 years.

Ends


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Wine: 20% Of Marlborough Storage Tanks Damaged By Quake

An estimated 20 percent of wine storage tanks in the Marlborough region, the country’s largest wine producing area, have been damaged by the impact of the recent Kaikoura earthquake. More>>

ALSO:

ACC: Levy Recommendations For 2017 – 2019 Period

• For car owners, a 13% reduction in the average Motor Vehicle levy • For businesses, a 10% reduction in the average Work levy, and changes to workplace safety incentive products • For employees, due to an increase in claims volumes and costs, a 3% increase in the Earners’ levy. More>>

Women's Affairs: Government Accepts Recommendations On Pay Equity

The Government will update the Equal Pay Act and amend the Employment Relations Act to implement recommendations of the Joint Working Group on Pay Equity. More>>

ALSO:

Immigration: Increase In Seasonal Workers For RSE

The current cap will be increased by 1,000 from 9,500 to 10,500 RSE workers for the 2016-17 season. Mr Woodhouse says the horticulture and viticulture industry is New Zealand’s fourth largest export industry, producing almost $5 billion in exports. More>>

ALSO:

Hurunui: Crown Irrigation Invests Up To $3.4m In North Canterbury

Crown Irrigation Investments will invest up to $3.4m in the Hurunui Water Project, an irrigation scheme that will be capable of irrigating up to 21,000 hectares on the south side of the Hurunui River in North Canterbury. More>>

ALSO:

Not So Great:Butterfly Eradication Success

The invasive pest great white butterfly has been eradicated from New Zealand in a world-first achievement, Primary Industries Minister Nathan Guy and Conservation Minister Maggie Barry say. More>>

Gordon Campbell: On The Government’s Tax Cuts Fixation

Long before the earthquake hit, the dodginess of the government tax cuts programnme was evident in the language of its packaging. It is being touted as a “tax cuts and family care” package... More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news