April 13, 2021

NZ Urban Development news from the media | 13 April 2021 | State-of-the-art development to rise from the ashes of former state home

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Hi *|FNAME|*, Please find below Urban Development News from the media from the week of 13 April 2021.

Provided by Rockhopper Development Management & Advisory, a member of:

State-of-the-art development to rise from the ashes of former state home

Eight houses on Great North Rd have now been demolished to make way for a six-storey apartment block containing 63 new, warm and dry homes, six of which will be fully accessible.

The development will use modular homes, meaning each one-bedroom apartment will consist of a single factory-built module or ‘pod’ manufactured off-site.

Kāinga Ora General Manager Construction and Innovation Patrick Dougherty says the innovation will help fast track the delivery of public housing.

“Innovation is one of five key priority areas of Building Momentum - our construction plan for future homes. Off-site manufacturing will help to streamline the design and delivery of new builds,” he says.

https://kaingaora.govt.nz/news/state-of-the-art-development-to-rise-from-the-ashes-of-former-state-home/

Clearwater resort in Christchurch grows as more tourist apartments go up

Christchurch’s Clearwater Resort is expanding again with five storeys of tourist apartments going up and plans to build another 38 units.

The golf resort already has lakeside apartments and villas run as part of Peppers Clearwater Hotel, plus privately owned homes. It is on the northern outskirts of the city.

The latest project is a resource consent application to the city council to add five more blocks of double-storey hotel resort units.

https://www.stuff.co.nz/life-style/homed/real-estate/124767635/clearwater-resort-in-christchurch-grows-as-more-tourist-apartments-go-up

Cinema chain reaps $77.1m windfall after selling Auckland land to rich listers

Cinema company Reading International has sold a huge parcel of light industrial land in South Auckland, making a bumper profit.

The 28.5 hectare parcel of industrial land in Wiri near Auckland Airport was sold for $77.1 million to 100 Prices Rd, a company linked to prominent retailers Anne and David Norman,.

Reading reaped a US$41m (NZ$58.45m) gain from the sale after costs, saying the property sold for well above its book value of US$13.5m and “substantially’’ above estimates before the pandemic.

https://www.stuff.co.nz/business/124774959/cinema-chain-reaps-771m-windfall-after-selling-auckland-land-to-rich-listers

Government housing dashboard updated - February 2021

The February 2021 update to the Housing Dashboard is now available that shows the progress of key parts of the Government’s housing programme.

https://www.hud.govt.nz/assets/News-and-Resources/Statistics-and-Research/Housing-Dashboard-2020/Housing-Dashboard-February-2021.pdf