Latimer Square will get first east frame homes
The first new homes in Christchurch's east frame will go on the corner of Latimer Square and Hereford St, but construction will not start until October.
Chosen developer Fletcher Residential has finalised its contract with the Crown, clearing the way for the project to start.
The development is one of the Crown's anchor rebuild projects. It will see 940 apartments and townhouses built for about 2200 residents on 14 Crown-bought hectares between Madras, Manchester and Lichfield streets and the Avon River.
Steve Evans, from Fletcher Building, said they were doing detailed designs and would start site works in mid-2016. The company is contracted to design, build, fund and sell the homes.
Stage one of the development will create four "superlot" housing complexes.
The first will cover 3000 square metres on the corner of Latimer Sq and Hereford St.
Two others will go at the corner of Madras and Lichfield, and on Manchester St between Hereford and Worcester streets.
The fourth will be shops and hospitality outlets on the old Orion building site on Armagh St.
Later stages will bring the number of developed housing complexes to 14, with the last to be finished in 2024.
The homes will fall into three neighbourhoods, branded north to south as Avon, Latimer and Lichfield.
Announcing the signing of the Fletcher contract on Wednesday, Earthquake Recovery Minister Gerry Brownlee said the project would help towards the Crown's goal of 20,000 people living between the four avenues.
Brownlee said he was impressed with the level of private housing development already under way in the central city.
Another anchor rebuild housing project, the Breathe urban village planned opposite the east frame, remained stalled after the winning developers failed to get it off the ground and the Crown was considering other options.