Moments prior to the Central Otago District Council (CODC) closing its doors for 2021, the council granted resource consent for Aurum on Clutha Lifestyle Village.
The retirement village will be situated between State Highway 8 and Muttontown Rd, near Clyde, with the main entrance off Muttontown Rd.
Originally, the development was set to cover 12ha and border Sunderland St, but it has been reduced to 7.8ha.
The $90 million retirement village will consist of 122 villas between 90sq m and 165sq m in size and a 60-bed aged-care facility.
Stage 2 of the development is scheduled for next year and will include a hospital, dementia unit and palliative care as well as rest›home care.
Clyde-based developer and director Pat Houlahan and directors Neville Brummer and Tim Coughlan are partnering with HPA Group, which will project manage the staged development.
HPA Group specialises in retirement village development and was involved in Golden View Lifestyle Village in Cromwell and Dunstan Hospital.
The company will be involved with project design and construction management, as well as support services in accounting, industry compliance and management of the village.
Mr Houlahan said after four years of planning he was excited to see the project progressing.
‘‘It’s just great. We’re just looking forward to getting things under way,’’ he said.
Allowing retirees to remain in the community they lived in and close to family had been a big motivation for the project, Mr Houlahan said.
‘‘The main thing is we’re stopping other people from here going away to other communities.
‘‘For many, their families and lives are here, so staying around them is important.’’
Mr Brummer — who is also the managing director of HPA Group — said the project would boost employment in the region as about 200 people would be employed during the construction phase, a period of up to six years.
The hospital facility would employ between 80 and 85 people, and the retirement village another 20.
The retirement village would also bring relief to the region’s already stretched housing market, he said.
‘‘It creates houses because it releases houses in a housing shortage.’’
The CODC planning team had played a key role in getting the project to this point, he said.
The village would maintain close community links by supporting both the Alexandra and Clyde Bowling Clubs financially and providing each with a 12›seater minibus.
‘‘We’re a village from the community that supports the community,’’ Mr Brummer said.
Aurum on Clutha sales and marketing manager Warren Galletly would be based at the development site to take expressions of interest in the village.
Central Otago Mayor Tim Cadogan said he was pleased to see an important need being met by private enterprise.
‘‘We’ve seen from the speed of which the Cromwell village filled up there is a need for such facilities here in Central Otago,’’ Mr Cadogan said.
Vincent Community Board chairman Martin McPherson offered his congratulations to all involved.
‘‘I’m really looking forward to the finished product, along with other people,’’ he said.