$100 million retirement development underway

A Queensland residential and community care provider has contracted Grindley Construction for the first phase of stage one of Kingsford Terrace, the organisation’s $100 million retirement living development.

Posted September 1st 2014

by super

<p>Mike Bosel, PresCare chief operating officer, (front), and Wayne Knapp, general manager, internal relations, inspects the $100 million retirement living development plans.</p> — Mike Bosel, PresCare chief operating officer, (front), and Wayne Knapp, general manager, internal relations, inspects the $100 million retirement living development plans.

PresCare provides community and residential care from Cairns to Coolangatta and is a Ministry of the Presbyterian Church of Queensland. Kingsford Terrace is on the site of the former Hopetoun aged care and independent living facility in Brisbane’s Corinda, and has been part of PresCare for 85 years.

The new community, named after aviator Sir Charles Kingsford Smith, will be home to 200 residents, with the first 34 stage one apartments due for completion in 2015.

The development is reportedly the first premium retirement living village in Brisbane’s inner west and will be an integral part of the Corinda community.

Greg Skelton, PresCare chief executive, saysGrindley Construction has an excellent reputation as a builder of retirement living facilities, recently winning the 2014 ‘Master Builders Excellence in Construction Award: Lifestyle Housing for Seniors’ for Amicus Apartments and Bally Cara Wellness Centre, Scarborough.

Grindley Construction has a 25 year history of creating projects in a range of sectors, including aged care and retirement.

With more than 300 properties added to their portfolio in that time, their experience in retirement living and aged care has seen them add more than 35 retirement living developments across Queensland and New South Wales.

Kingsford Terrace is designed to accommodate the way older Australians want to live, with spacious and comfortable apartments and community areas, and a focus on connecting health, wellbeing and lifestyle.

Kingsford Terrace ambassador, Mike Munro, officially launched Stage One of the development last week.