Construction of a new $5 million block of apartments has started at Vision Forest Lake retirement village in Hamilton this month.
The contract was awarded to Livingstone, an established Registered Master Builders Federation construction company based in Waikato/Bay Of Plenty.
Village Manager Jo Heslin says 50% of the apartments have already been sold. Completion is scheduled for March next year.
The village is owned by Vision Senior Living, a company which pioneered apartment-style retirement communities with its first development in Waitakere City 10 years ago.