Summerset plans $150M village in first Tauranga foray

Summerset plans $150M village in first Tauranga foray
Paul McBeth
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...