Summerset plans $150M village in first Tauranga foray

Thu, 04 Oct 2018

By Paul McBeth Oct. 5 (BusinessDesk) - Summerset Group expects to spend more than $150 million on its first retirement village in Tauranga after buying a plot of land in Papamoa Beach for an undisclosed sum. The company wants to build a 280-unit village on the site, offering two- and three-bedroom villas and serviced apartments, a care centre and rest home with hospital-level care and a memory care centre. The village is expected to open in 2020 and provide 40 permanent jobs. The village will be Summerset's first in Tauranga, and tak...

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