Business, Community

Multi-million-dollar retirement village to be biggest in Blenheim

A new $100 million retirement village and dementia unit is set to be built on the site of a former strawberry farm.

National retirement village operators Summerset have bought the six hectares of land that was once Jones Berry Fruits on Old Renwick Rd in Blenheim.

The new village will include secure one-bedroom apartments for people with dementia and more than 200 independent living homes.

Summerset CEO Julian Cook says the new development would employ more than 300 people during the build and provide 40 permanent jobs once built,” he says.

“A lot of the new Blenheim village will be independent living… but extra support is on hand if they want or need it.”

Homes will be divided into two or three bedroom villas, serviced apartments. Statistics show Blenheim’s population aged 75-years and over would increase by 26 per cent over the next four years.

Marlborough Grey Power president Brain McNamara says the move will help ease pressure on Marlborough’s housing stock.

“Marlborough is one of the top retirement destinations in New Zealand. “Any help solving our housing shortage is clearly welcome”, he says.

Alzheimers Marlborough manager Anne Tolley also welcomed the development. “ … the proposed increase in the number of specialist beds is a positive move for the wellbeing of people living with dementia …”, she says.

A timeframe for development and opening date has not yet been confirmed because the land purchase is subject to Overseas Investment Office approval.

Summerset would not say how much it had paid for the property, citing confidentiality reasons, but according to the Marlborough District Council it had a capital value of $1.885 million.

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