The TaupÅ site for Ryman’s new $220 million village is a 9.79 hectare property on Acacia Bay Rd in Nukuhau, just 1.4 km from the town centre.
Ryman Healthcare announced plans for a new $220 million retirement village in Taupō, a move Mayor David Trewavas said he welcomed with “open arms.”
Ryman, New Zealand’s largest retirement village operator, has acquired a 9.79 hectare site at Acacia Bay Rd in Nukuhau, just 1.7 km from Taupō town center and announced plans for a Integrated retirement village with townhouses, serviced apartments and a care center offering nursing home, hospital and dementia care.
Chris Evans, director of development and construction, said Ryman had been looking for the perfect location for a village in Taupō for some time.
“Taupō is a popular retirement destination, and we were delighted to be able to find a flat site with beautiful lake views and residential zoning so close to town.
* Ryman opens 266-unit retirement village and asks residents to name it
* Ryman plans thirteenth retirement village in Auckland
* Ryman buys two retirement village sites and posts bumper half-year profit of $188.3 million
“Taupō has a large retiree population and a dearth of senior living options, so we’re looking forward to getting this project started.”
The new village will employ over 200 construction workers during its peak and create approximately 120 full-time and part-time jobs once the village opens.
Evans said all villages in Ryman are named after significant local people and said they would welcome suggestions for names for the new village.
Trewavas said Ryman’s arrival was good news for the region.
“We welcome Ryman with open arms. I think it’s wonderful to have a well-known operator with a reputation for quality and building beautiful villages considering coming here. We are welcoming new people to town and building new amenities to accommodate the growth we see in the years to come.
“It’s a great site with a view of the lake and it will also facilitate connectivity for families to visit because it’s so close to town,” he said.
Taupō District has a population of 40,000 and its economy is based on forestry, agriculture, geothermal energy and tourism.
It has the second largest urban population in the Waikato behind Hamilton and has long been a popular destination for retirees due to its stunning lakeside scenery.
Other names include Sir Edmund Hillary, Dame Kiri Te Kanawa, Dame Malvina Major, Possum Bourne and Linda Jones.