Summerset Group Holdings Ltd has bought 8.1ha 7km from New Plymouth’s cbd for its second retirement village in the city.
The property in Pohutukawa Place, Waiwhakaiho, is near the Fitzroy & Ngamotu golf clubs & Fitzroy Beach.
Summerset chief executive Julian Cook said today the site had sea views & an outlook to Mt Taranaki: “We’ve had huge demand for homes at our existing New Plymouth village, and I expect this village with its great views will be just as popular with people who want to experience a coastal Summerset lifestyle.”
The village will offer a retirement community with about 300 homes, including 2- & 3-bedroom villas and serviced & memory care apartments. A care centre will provide resthome & hospital-level care.
The memory care apartments will be Summerset’s first in New Plymouth. They will offer people living with dementia their own one-bedroom apartment with living space & bathroom in a secure environment.
Summerset’s first New Plymouth village has over 200 residents in independent homes & a care centre.
“The new village will help to provide for the expected 37% increase in people aged over 75 in the New Plymouth area within the next decade,” Mr Cook said.
Amenities will include communal vegetable gardens, a bowling green, library & café. It’s also expected to provide up to 50 full-time-equivalent jobs.
Mr Cook said Summerset was on track to build 450 retirement units nationally this year. This purchase takes its greenfield sites to 8.
Attribution: Company release.