Summerset Group Holdings Ltd said today it had bought a 9.5ha property in the suburb of Avonhead for its third Christchurch retirement village & fourth dementia care centre.
Chief executive Julian Cook said the company intended to build 240 homes on the Hawthornden Rd property, near the Russley golfcourse & other recreational areas.
It will have 2- & 3-bedroom villas, apartments & serviced apartments, rest-home & hospital care and a memory care centre – a new dementia care concept in New Zealand offering residents living with dementia their own one-bedroom apartment in a secure environment.
Mr Cook said: “We are the first in New Zealand to launch this style of apartment living for those living with dementia. Our first memory care centre opened in Levin last November and has been warmly received by residents & their families.
“We are building 2 further memory care centres in Rototuna (Hamilton) & Casebrook (Christchurch). These centres provide residents with the dignity & respect of having their own home within a secure centre, which is purpose-designed for their needs. We will bring this latest thinking in memory care centres to our Avonhead development.”
Mr Cook said Summerset’s first Christchurch village, at Wigram, was one of its fastest selling: “We are working on the final villa stages now and these will be complete next year. This will mark a 3-year selldown for the village. We are also seeing strong inquiry for our Casebrook village, currently under construction.”
Summerset expects to build 450 retirement units this year. Avonhead takes its greenfield sites to 7. The others are Casebrook, Richmond (Nelson), Rototuna (Hamilton), St Johns & Parnell (Auckland) & Lower Hutt.
Attribution: Company release.