Summerset is planning to develop a retirement village near Richmond that will become home to around 400 people.
The village will be made up of approximately 280 retirement units made up of a mix of villas, townhouses and serviced apartments, and a care centre which will include rest home, hospital and dementia care. Summerset has purchased a eight hectare property at 1 Hill Road North for the development that is due to start this year. Summerset already has a village in Nelson, Summerset in the Sun, located 4.5 kilometres away in Stoke.
Summerset chief executive Julian Cook says, “We’re excited to be bringing one of our retirement communities to the very desirable Richmond area, and to the wider Nelson Region. Richmond has a great climate, outdoor attractions and wineries, plus it’s also one of the fastest growing areas in New Zealand.”
“Our existing village in the Nelson suburb of Stoke is our largest village to date, and has been one of our fastest growing. This village is nearly complete and with the strong continued interest we are seeing we are pleased to be able to provide additional high quality, contemporary retirement village living and care options to meet the growing local demand for both the Tasman District and Nelson City areas.”
“This development will bring over $100million investment into the region, as well as create employment opportunities.”
Richmond is the largest urban settlement in the Tasman District with an overall population of around 47,000 recorded in the 2013 Census. It is also one of New Zealand’s fastest growing regions, with people attracted to the surrounding natural beauty and vibrant bustling feel of the area’s townships.
People aged 75 and over make up around seven per cent of the total population in Nelson City and Tasman District. By 2033 the population over 75 years will be around 18,000, up from around 7,200 in 2013, making up around 17% of the total population.
The Richmond site is Summerset’s fifth location in the South Island, bringing the total number of sites to 27 nationwide.