Aged care provider Rosewood will spearhead the development of a new aged care facility in the Perth Hills as part of a contract with the state government.
Aged Care provider Rosewood has employed its own contractors to finish its $70 million West Leederville facility, after work was brought to a standstill by the collapse of Pindan.
With property groups increasingly understanding the potential of heritage assets, Business News explores some of the state's prominent heritage redevelopments and those in the pipeline.
As the aged care royal commission has exposed, the sector had problems well before COVID-19 infections spread and hundreds died in facilities nationwide.
Aged care group Rosewood has appointed Pindan for its latest build, a $70 million facility to be built on Cleaver Street in West Perth that will include a restoration of the heritage-listed Florence Hummerston Lodge.
Service providers and developers are pursuing opportunities in WA's growing aged care and retirement sector, with a pipeline of property overhauls and new builds worth more than $500 million.
Aged care provider Rosewood is responding to increasing demand for its services by booking $105 million in developments for its West Perth and Leederville facilities.
Construction of Rosewood Care Group's aged care facility in Leederville will begin next week, after two years of delays, following the award of a $36 million construction contract to Pindan.