A progress report on the $36 million dollar development at Cambridge Resthaven was given to residents this week alongside confirmation of Waipā District Council’s decision to fund one of the development’s studio units.
The $84,000 one bed/one bath unit across 26.5 square metres, will be called the Waipā Studio.
A presentation by the Cambridge Resthaven Trust Board’s Greg Liddy gave a visual progress report to residents on Monday morning, with another run-through in the afternoon immediately preceding the Board meeting. It showed artists’ images of the multi-stage development intended to boost Cambridge’s ability to meet growing demand for quality affordable housing.
Stage one, known as Hanlin Building and comprising 33 apartments, a café, dining room, lounge and a corner shop, started earlier this year. The entire project is expected to be completed within 18 months to two years.
This year marks Cambridge Resthaven’s 50th anniversary. In his address, Resthaven Trust Board chair Kevin Monks commended the enduring relationship between Resthaven and the council, one he said demonstrated local body support from the outset.
He thanked council for funding one of the studio units and said he believed retirement villages and development such as that at Resthaven didn’t get the recognition they deserved from central government or some parts of the community. “We enable people to free up their family homes and live here … those homes can be marketed or rented to other families.”
Deputy mayor Liz Stolwyk, who attended the afternoon presentation with several other council members, said the relationship between Resthaven and the various councils over the past 50 years meant the council had wanted to be part of the new development.
“When this came up on our council agenda, there was no question that we needed to do more to ensure that Resthaven continues to provide a quality service to Cambridge people,” she said.
“There is an expectation in Cambridge that any buildings and developments must reach a particular standard, and what a fine job you are doing. It is a real pleasure to be able to contribute to this.”
Apartments in the finished development will include the studios, one-bedroomed units, two-bedroomed units and two penthouses.