$43M rural retirement village planned
A new Christchurch company is developing a $43 million rural retirement complex in the Wakatipu area. The village, on a 65hectare site, called Springbank Station, will have 280 individually owned units catering for 600 people. The company, A’mon Corporation, is Christ-church-based and will expand its interest in tourism, land development, construction and transport.
A’mon Corporation is setting up a head office in Christchurch. It is headed by Messrs A. W. Baylis, of Dunedin, Trevor Stalker, of Queenstown, and Carlos and Maurice Neate, Peter Edmonds and Peter Foster, all of Christchurch. One of the corporation’s assets is the Southern Cross car rental chain.
The corporation said the rest home would include a “comprehensive
facility to care for 60 geriatric residents” that would be staffed by nurses 24 hours a day.
Other features of the home would include a village centre with spa pooft, sauna, library, lounges, a chapel, hail and theatre, as well as shops, hairdressers, and travel and banking facilities.
A’mon bought the 65hectare block as a farm. It paid $2.6 million and planned to spend a further $4O million on developing the site. Those moving into the home, hoped to be constructed by early 1988, would buy their own unit.
It is believed to be one of the largest retirement complexes in New Zealand. “It is three times the normal land area and will be constructed with the environment in mind,"
said Mr Edmonds. Construction would begin immediately on approval from the Queens-town-Lakes District Council, which was expected by July or August. The corporation seeks planning approval because the land is zoned rural. It wants a departure from the council’s scheme plan to allow the development. The Mayor of Queenstown, Mr J. S. Davies, has expressed approval of the project. A’mon also hoped to include the Queenstown home in a rest-home-swap group. This would eventually allow the residents to travel for holidays to other similar homes in Tauranga or Miami or wherever a group home existed. .
The managing director, Mr Foster, believed the homes would attract residents from overseas as well as New Zealand.
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Press, 12 May 1987, Page 27
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350$43M rural retirement village planned Press, 12 May 1987, Page 27
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