‘Bring on the bonanza’

Published date11 April 2024
Publication titleMountain Scene
Almost 360 residential units are either on the way, or in the works, across four separate developments, plus another 29 residential lots are planned at Hanley’s Farm in its 13th stage

The largest of the proposals is from 5 Mile 226 Ltd, which wants to construct 226 two-bedroom stand-alone residential units at Frankton Flats’ Hall St, of which 126 would be sold to the open market, and the rest staying with Auckland developer Kurt Gibbons as long-term rentals.

Ngai Tahu Property’s Te Pa Tahuna development, on Gorge Rd, has been given consent to build the next 66 one- and two-bedroom units, No.1 Hansen Rd Ltd’s asking to put two more storeys on top of its carpark development, at Hansen Rd, to create 32 worker accommodation units, in addition to the 554 planned on land next door, and King Enterprises Ltd Partnership wants to build a 35-unit residential development in Shotover Country, with a mix of two-, three-, and four-bedroom properties.

While Scott says none of the proposals will see a ‘‘direct benefit’’ to her trust, in terms of contributions, ‘‘indirectly, there’s a massive benefit to us as a stakeholder in the community’’.

‘‘When you think about all that affordable housing that’s coming on stream, that’s fantastic, and if that’s going to take pressure off our waiting list, and off the general community, then...

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