Qestral Corporation, led by Ryder as executive chairman, one of the founders of Ryman Healthcare, and managing director, Simon O’Dowd, chair of the New Zealand Aged Care Association, is getting ready to open Burlington, its second retirement village in Christchurch.
Set on 14 hectares, Burlington features three hectares of man-made lakes.
The company is pitching the development towards the top of the market by incorporating innovative architecture and new technical and recreational concepts – with large footprints for independent, stand alone, two and three bedroom houses. The company also owns the popular Alpine View Lifestyle Village, in Waitikiri, where development is drawing to a close.
Ryder says the prime Burlington site is close to the Main North Road with easy access to retail facilities.
“It is probably the most exciting retirement village development that I have been involved in – and I have been involved in a few.”
Designed by architects Kerry Mason and Huia Rerita of +MAP Architects, Burlington comprises 200 houses, a 60 bed standalone rest home and hospital centre, a 20 bedroom dementia care complex and 40 serviced apartments. It will also include a lodge and clubhouse with amenities such as a hairdresser, bar, restaurant, bakery, church, movie theatre, gymnasium and indoor swimming pool. Burlington will also be offering apartments in their care and dementia units.
Construction by Armitage Williams is well underway.
O’Dowd says the retirement village market is changing rapidly.
“People want something individual and different – they want on-site facilities and design they can be personally proud of, with plenty of space, but the very best in integrated care. We are not cramping the site and will have no buildings over two storeys high.”
Qestral Corporation is also poised to develop a 12 hectare $125 million retirement village on the Port Hills in Nelson, overlooking Tasman Bay, where work is scheduled to start in a few months, and a 15 hectare $150 million site in Hamilton, with 650 metres of river frontage close to the city.
Ryder says they are seeking more sites in the North Island, due to their strong capital base.