Thirdi Group gets green light for $120M seniors living village at Newcastle golf club – target of six sites in planning or development by end of 2021

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The partnership between former Lendlease Retirement CEO Michael Eggington and residential developer Thirdi’s Ron Dadd, Luke Berry and Robert Huxley has received unanimous approval from the Hunter and Central coast Regional Planning Panel for a Site compatibility Certificate (SCC) to build its planned seniors living village at the Merewether Golf Club (MGC) between Adamstown and Merewether.

As we reported here 18 months ago, the Club voted “overwhelmingly” for ThirdAge to take out a 99-year lease of club land to build ‘The Merewether Residences’, four six-storey buildings of 149 serviced apartments plus a new clubhouse and wellness centre.

MGC board representative Aaron Spalding says the project, first announced in 2016, will help secure the club’s financial future.

“It also paves the way for significant investment to take place in our course infrastructure and facilities, something that was really important to our members when we decided to explore this type of partnership with Thirdi Group,” he said.

Their Castlecrag site in Sydney’s Northern Suburbs is their first project.

Thirdi’s Sales and Marketing Director, Luke Berry, tells us that the group is now progressing discussions with a number of other golf club and private land developers and have a vision for half a dozen developments similar to Merewether by the end of 2021.