Recent News

Recent News

Summerset Opens $15 million Village Centre in Dunedin

2014-05-22

Summerset today opened a $15 million Village Centre at its Dunedin village, a significant step for the retirement village operator’s first Otago site. 

Summerset CEO Julian Cook was thrilled to be opening the Village Centre. “This building is the heart of the village and the centre of the community. The opening of this Village Centre signals Summerset is coming of age.”

The Village Centre features amenities such as a cafe, resident bar and social areas, hairdressing salon, exercise room, library and IT suite, an all-weather bowling green and indoor spa pool.

It also houses the village’s 41-bed Care Centre, and 20 care apartments where residents can receive DHB-certified rest home-level care in their own homes.

Read full release here

Summerset buys land to extend village in Auckland

2014-04-30

Retirement village operator Summerset has bought land adjoining its existing village in Karaka, which will see the village’s footprint almost double, CEO Julian Cook said at the company’s Annual Meeting today.

The purchase will help the company’s growth as it anticipates bigger deliveries of retirement units, care apartments and care beds at multiple sites Mr Cook said.

Summerset will build around 250 retirement units this year, rising to 300 retirement units in 2015. Summerset built 209 retirement units in 2013.

The land purchase at Karaka, in the Auckland region, will add to Summerset’s considerable land bank. Last year, land purchases New Plymouth, Lower Hutt, Trentham, Casebrook and Wigram boosted the company’s land bank.

Read full release here

Plans for extension to Trentham retirement village revealed

2014-03-06

Retirement village operator Summerset has revealed plans for its $50 million extension to an existing village in Trentham.

The Wellington-based company bought the 5.3ha site adjoining its Trentham village in August last year.

The village currently has 124 homes including villas, townhouses and care apartments, and a 41-bed care centre. It is home to more than 200 residents.

The first stage of new building will comprise villas and townhouses. Earthworks will start in April, and these 22 homes should be completed by spring 2014.

Read the full release here

Summerset invests NZ$500 million in Auckland developments

2014-02-15

Retirement village operator Summerset will have spent NZ$500 million on developments in Auckland by the time it completes its three latest villages in the city, and will have generated more than 1750 jobs during the construction phase (one-year full-time equivalents) and 180 ongoing jobs.

The figures were revealed today at the launch of the company’s Hobsonville village, where the public got their first chance to see what the NZ$120 million waterfront development will look like.

MP Paula Bennett attended the event and welcomed the new development.

“This development is a fantastic addition for the community, and will provide great support for our older people, who’ll have access to accommodation built specifically for their needs,” Mrs Bennett said.

Read the full release here

Summerset gets green light for NZ$55 million village in New Plymouth

2014-02-14

Summerset has been granted resource consent to build a NZ$55 million retirement village at its site on Carrington Road, New Plymouth.

The 4ha village, will be Summerset’s first village in the Taranaki region. The village has a rural outlook towards Mt Taranaki. This picturesque flat site is located for excellent sun.

Summerset CEO Norah Barlow said, “Summerset Mountain View will have a unique feel to it. There’s no other location in the country with a view that’s as instantly recognisable. It’s only a 10 minute drive from town, and five minutes from beautiful Pukekura Park.”

The company intends to build around 150 homes on the 4ha site. The village will have townhouses and villas for independent living, and care apartments and care rooms for those with more advanced needs. Care integrated into a village in this way provides residents with certainty that should they require more care as their needs change, it is provided on site.

Read the full release here