NZ Urban Development news from the media | 14 September 2021 | Huge new Drury subdivision to be finished by 2024


Hi *|FNAME|*, Please find below Urban Development News from the media from the week of 14 September 2021.

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

Huge new Drury subdivision to be finished by 2024

First-home buyer demand has led to the planned completion date of one of the country’s biggest residential developments being brought forward by two years.

The Hunua Views subdivision in Drury, South Auckland, will have 800 new homes, of which 30 per cent will be priced under 75 per cent of the median house price in the region at the time of release.

According to the Real Estate Institute, the Auckland region’s median house price was $1,175,000 in August. Prices under 75 per cent of that median price would be below $881,250.

Building on the subdivision, which is part of the 361 hectare mixed-use precinct Dury South Crossing project, had been under way since 2019. It was originally scheduled to be finished in 2026.

New Mangere development promises tiny carbon footprint and power bills

Kāinga Ora has taken its first step towards low carbon public housing, receiving design endorsement to build 18 homes to Passive House standard in Mangere, Auckland.

The three-storey Bader Ventura development will deliver a reduced operational carbon footprint, and mean the homes can be heated and cooled for as little as $1 per day.

Kāinga Ora General Manager Construction and Innovation Patrick Dougherty, says the development will be a win for both the environment and the homes’ new occupants.

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