Ryman Healthcare abandons planned Christchurch retirement village project

NZ HeraldThe PressMonday 15 September 2025 · 2 outlets · 2 reports · updated

In this story Ryman Healthcare

Photo: NZ Herald (opens in new tab)

Ryman Healthcare has cancelled plans to develop a retirement village on Park Terrace in central Christchurch. The project, which was valued at between $240 million and $248 million, was intended to feature multiple buildings up to seven storeys high. The company is now marketing the land for sale.

How they headlined it

First reported by NZ Herald, Mon 15 Sep 2025, 9:48am · 2 reports from 2 outlets over 2 hours
  1. NZ HeraldNZ Herald

    Ryman Healthcare bails on $240m Christchurch village, quitting site (opens in new tab)

  2. The PressThe Press

    Ryman cans $248 million central Christchurch village and puts land up for sale (opens in new tab)