Bay of Plenty Times
  • Bay of Plenty Times home
  • Latest news
  • Business
  • Opinion
  • Lifestyle
  • Property
  • Sport
  • Video
  • Death notices
  • Classifieds

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • On The Up
  • Business
  • Opinion
  • Lifestyle
  • Property
    • All Property
    • Residential property listings
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
  • Sport

Locations

  • Coromandel & Hauraki
  • Katikati
  • Tauranga
  • Mount Maunganui
  • Pāpāmoa
  • Te Puke
  • Whakatāne
  • Rotorua

Media

  • Video
  • Photo galleries
  • Today's Paper - E-Editions
  • Photo sales
  • Classifieds

Weather

  • Thames
  • Tauranga
  • Whakatāne
  • Rotorua

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In

Advertisement
Advertise with NZME.
Home / Bay of Plenty Times

$20 million retirement village for Te Ngae Rd

Carmen Hall
By Carmen Hall
NZ Herald·
29 Oct, 2017 05:07 PM3 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Lynmore Rise Retirement Village is a $20 million dollar project with 66 units planned for a 2.2 hectare site fronting Te Ngae Rd. Artists Impression/Supplied

Lynmore Rise Retirement Village is a $20 million dollar project with 66 units planned for a 2.2 hectare site fronting Te Ngae Rd. Artists Impression/Supplied

Rotorua is set to cash in on the ''booming retirement village industry'', business leaders say, as plans for another multi-million dollar development take shape.

A $20 million retirement village with 66 units is in the pipeline for a 2.2ha site fronting Te Ngae Rd.

The Lynmore Rise Retirement Village development is a joint venture between Owhatiura South Inc and Classic Builders from Tauranga - and comes hard on the heels of Regency Park Estate's announcement last month that it will spend $12m constructing 30 retirement villas.

Read more: Western Bay social services: Housing is the biggest challenge
Intensification is back: What might it mean for your block?

Owhatiura South chairman Bryce Morrison said it owned substantial parcels of land fronting Te Ngae Rd and the retirement village had been three years in the planning.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

Growth in the number of retirees and the need for more facilities has prompted the project.

''The Lynmore Rise Retirement Village is a carefully considered concept and is well located with easy access to Rotorua's amenities and the CBD,'' he said.

Classic Builders co-owner Peter Cooney said it had built a number of retirement villages and the construction of Lynmore Rise would provide local employment opportunities for contractors and sub trades.

Advertisement
Advertise with NZME.
A 2.2 hectare that fronts Te Ngae Rd is the proposed site for Lynmore Rise Retirement Village. Photo/Supplied
A 2.2 hectare that fronts Te Ngae Rd is the proposed site for Lynmore Rise Retirement Village. Photo/Supplied

Rotorua Chamber of Commerce chief executive Allison Lawton said it was great news for the local economy.

''It brings investment which will create new jobs across a range of industries for example construction, health care, food and beverage, management and so on.''

Retirement villages were a ''booming industry'', she said.

''We only need to look at the Tauranga region to see the positive contribution this sector has made to their economy and arguably this sector has provided a solid base for ongoing economic activity, providing the confidence for other industries, outside of the retirement industry, to invest.''

Now Rotorua would get to share in the economic prosperity created by these villages, she said.

''We also get to enjoy the financial, cultural and social benefits these retirees will bring to our city.''

Rotorua Lakes Council's Economic Growth Portfolio lead and deputy mayor Dave Donaldson welcomed the multi-million dollar development and said it showed ''an increased awareness of Rotorua as a great place to retire''.

There would also be numerous benefits for the city, he said.

''Straight away it makes a contribution to the ratepayer base for council through the capital value of the property ... so it's all very positive.''

Meanwhile the upgrade of Te Ngae Rd was expected to start in the new year, he said.

Advertisement
Advertise with NZME.

''It is going to include provision for enhanced cycling access and non transport modal access to the inner city ... it's pretty much to their doorstep so it will further enhance that site as a very attractive lifestyle proposition.''

RCG Limited provided input to the development design and research for Lynmore Rise and its property director Desmond Wai said it was an ideal fit for Rotorua.

The first stage of Lynmore Rise was expected to open in the first quarter of 2019.

By the numbers

* $20m dollar proposal

* 66 retirement units

Advertisement
Advertise with NZME.

* 2.2ha site that fronts Te Ngae Rd, and bounded by Basley Rd and Owhatirua Dr

* First stage expected to open in first quarter of 2019

Save

    Share this article

Latest from Bay of Plenty Times

Bay of Plenty Times

Rural community 'in shock' as industrial park greenlit

Premium
Bay of Plenty Times

'Stay on your side of the Bombays': Rotorua developer's swipe at Auckland firms

Bay of Plenty Times

Kora the dog's journey: From failed police trainee to rescue hero


Sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

Advertisement
Advertise with NZME.

Latest from Bay of Plenty Times

Rural community 'in shock' as industrial park greenlit
Bay of Plenty Times

Rural community 'in shock' as industrial park greenlit

It will add up to 125 vehicle movements an hour on local roads.

16 Jul 06:00 PM
Premium
Premium
'Stay on your side of the Bombays': Rotorua developer's swipe at Auckland firms
Bay of Plenty Times

'Stay on your side of the Bombays': Rotorua developer's swipe at Auckland firms

16 Jul 06:00 PM
Kora the dog's journey: From failed police trainee to rescue hero
Bay of Plenty Times

Kora the dog's journey: From failed police trainee to rescue hero

16 Jul 05:00 PM


Solar bat monitors uncover secrets of Auckland’s night sky
Sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

06 Jul 09:47 PM
NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • Bay of Plenty Times e-edition
  • Manage your print subscription
  • Manage your digital subscription
  • Subscribe to Herald Premium
  • Subscribe to the Bay of Plenty Times
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • Bay of Plenty Times
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP