Text Size Reset Font Size Decrease Font Size Increase Font Size

Media release – May 20 2014

 

Blessing marks the start of $120 million Petone retirement village

A karakia led by members of the Port Nicholson Block Settlement Trust has been held to acknowledge the important place the old Petone College site holds in the heart of its community.

Today’s event marked the start of development work on the $120 million retirement village on the historic site in the heart of Petone.

The new village is being developed by Ryman Healthcare in partnership with the Port Nicholson Block Settlement Trust.

Port Nicholson Block Settlement Trust Chairman Neville Baker said it was a significant day for the people of the area.

“The relationship with Ryman is huge for the Port Nicholson Trust because it fits with the direction we’re heading in.

“We want to look after not just the Maori community, but the wider community as well. We think it’s appropriate that Port Nicholson shares its resources with the Petone community in this sort of development. 

 “It’s our first development and relationship with Ryman and if the opportunity arises in the future we’d like to do business again.’’

Lower Hutt City Mayor Ray Wallace said it was a vote of confidence in the city.

“We’re really excited about getting a new facility providing quality aged care on a site that has been such a significant part of our community for decades.

“It’s a significant investment in the community and will provide much-needed jobs for the residents of Petone.’’

Ryman Healthcare Managing Director Simon Challies said it was a terrific site which would be a great asset to the community.

“I was really keen on this site as soon as I saw it. The site has great views of the parks and reserves on three sides as well as of the Hutt River. It’s an amazing spot and we’re going to build a terrific home for the people of Petone,’’ Mr Challies said.

Ryman has preserved and will restore the historic plaques on the site. The flooring from the old gymnasium at the site is being recycled and gifted to Wa Ora Montessori in Lower Hutt.

Ryman would start demolition and ground preparation works next month and construction work would start soon after.

The village will be built in different stages and will cater to a variety of needs. It includes resthome suites, hospital and dementia care, serviced apartments and independent living apartments for up to 440 people.

Facilities will include a swimming pool, gym, hairdressing salon, movie theatre and a bowling green.

About Ryman Healthcare: Ryman was founded in 1984 and has become one of New Zealand’s largest listed companies.  The company owns 27 villages and serves over 7,500 residents in New Zealand and Australia.  Each village offers a combination of retirement living and aged care. Ryman Healthcare employs 3500 staff.

Media advisory: For further information, photos, interviews or comment please contact Corporate Affairs Manager David King on 03 366 4069 or 021 499 602.

Ryman Difference

ryman-seal

90 Day Money Back Guarantee