NZ Urban Development news from the media | 9 November 2021 | Seven-storey $240m central city Ryman retirement village approved after redesign


Hi *|FNAME|*, Please find below Urban Development News from the media from the week of 9 November 2021.

Provided by Rockhopper Development Management & Advisory, a member of:                             

Seven-storey $240m central city Ryman retirement village approved after redesign

A $240 million central Christchurch retirement village with buildings up to seven storeys high has been given the go-ahead.

Independent commissioners approved the Ryman Healthcare complex on two Park Tce sites after the company revised its plans following neighbours’ objections.

The complex will have six buildings. It will comprise 155 apartments with one to three bedrooms, plus 54 assisted living suites and 70 rooms for aged and dementia care.

Plans for 10,000 new Auckland, Tauranga, Wellington build to rentals worth $5b

A developer and KiwiSaver provider are planning to build 10,000 new rental homes worth about $5 billion in the next decade.

Shane and Anna Brearley of NZ Living and default KiwiSaver manager Simplicity have formed a new business to develop Auckland, Tauranga and Wellington build to rent places.

Simplicity members will get first dibs on renting those new homes.

"From 2022 to 2032, we plan to build 10,000 homes. That's achievable," said Shane Brearley, estimating the $5b finished value based on today's numbers.

Auckland Council monthly housing update, November 2021

November highlights:

  • 1691 dwellings were consented in September 2021.
  • In the year ending September 2021, 19,885 dwellings were consented in the region.
  • 29 per cent of new dwellings consented in September 2021 were houses, 20 per cent were apartments and 51 per cent were townhouses, flats, units, retirement village units, or other types of attached dwellings.
  • 27 dwellings were consented on Kāinga Ora or Tāmaki Regeneration Company owned land in September 2021.
  • 1597 dwellings consented in September 2021 were inside the RUB. Over the past 12 months, 94 per cent of new dwellings consented were inside the RUB.
  • 27 per cent of dwellings consented were inside the 1500m walking catchments of the rapid transit network in September 2021.

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