$80 MILLION SUMMERSET VILLAGE FOR STOKE
Elderly residents in Stoke will be able to enjoy Summerset’s newest addition to its growing list of retirement villages throughout New Zealand. Summerset purchased the largely unfinished Gracefield Living Retirement Complex earlier this year, which was abandoned in 2009 due to the liquidation of developers Lifecare Solutions Ltd. New developments on the site will involve a further 200 residential units to the complex which already boasts a community centre and 12 units. The first 26 new units are underway, due for completion by Christmas 2011. For further details see WOR listing J133442.