NZ Urban Development news from the media | 30 October | The Government’s Housing Dashboard released

Dashboard tracks housing progress

The Government’s Housing Dashboard released today confirms record numbers of state houses are under construction and shows the Government build programme is gaining momentum. 

The September dashboard shows that in the previous month:

• 3,402 homes under construction in the Government build programme across New Zealand
• 80 new public houses built , and over 2,300 currently under construction
• 1,340 homes were bought using the First Home Grant
• 61 KiwiBuild homes sold, driven by demand for the popular Monark and Fraser Ave developments coming to market
• 967 households are engaged in Housing First

https://www.beehive.govt.nz/release/dashboard-tracks-housing-progress

Wanted: High quality hotel for Dunedin

Dunedin's council is seeking interest from developers for a high quality hotel in a central city site after the last hotel proposed was canned.

The large site in a car park on Moray PlFilleul Str was earmarked for a proposed five-star hotel and apartments development by Tekapo businessman Anthony Tosswill.

​However, the bid from Tosswill's NZ Horizons Hospitality Group was rejected by council-appointed commissioners in 2017.

https://www.stuff.co.nz/business/property/116911891/wanted-high-quality-hotel-for-dunedin-after-17storey-proposed-hotel-canned

Panuku highlights potential risks amidst a softening property market

Auckland Council development agency Panuku says delays and risks associated with some of its projects are due to the state of the Super City’s property market.

Panuku, a Council Controlled Organisation (CCO), was established by the Auckland Council in 2015 after the merger of Waterfront Auckland and Auckland Council Properties Limited (ACPL).

It now manages around $3 billion of land and buildings owned by the council and is also involved in a number of major urban regeneration projects in the region, including those in Avondale, Manukau, Hobsonville, Meadowbank and Henderson.

https://www.interest.co.nz/property/102282/auckland-council-development-agency-panuku-highlights-potential-risks-amidst