Backing for innovative subdivision

Last updated 05:00 04/04/2014

Relevant offers

Your Property

It may look 100 years old, but this Christchurch villa is a grand 'new' lady Queenstown's growth a blessing and a curse Massive renovation of Fendalton home an act of faith in Christchurch House price heat spreads to Christchurch as average home cost rises to $450,000 Canterbury commercial construction still increasing Canterbury wins big at Commercial Project Awards Giant $13 million expansion for The Warehouse's distribution centre Let your dirt warm your home - the magic of geothermal heating Industrial property sales in Canterbury at record levels Offshore owners to buy lakeside station for $16.5m

Christchurch City councillors have unanimously endorsed concept plans for an innovative subdivision in Halswell.

Developers Danne Mora Holdings Ltd and the Wayne Francis Charitable Trust are behind the proposed subdivision, which has been accepted, in principle, as an exemplar housing project under the Land Use Recovery Plan.

It is likely to be fast-tracked through the consenting process, allowing the first tranche of homes to be completed by September next year.

The 320-home subdivision, which will be marketed under the brand name Meadowlands, has been designed to cater for a cross-section of the market and is proposed to include 32 homes priced under $455,000.

These homes will be offered to young, first-home buyers under a shared ownership model.

Another 39 affordable homes ranging in price from $200,000 to $370,000 are also included in the subdivision.

A mix of house types and sizes, including mews cottages, stand-alone townhouses, apartments and large family villas will be set within any given street in the subdivision and all homes will be energy efficient and use lightweight building materials.

Deputy Mayor Vicki Buck said yesterday the plans were "exciting and wonderful". She was keen to see the subdivision progress as soon as possible.

Council senior urban regeneration advisor John Meeker said the next step was for the developer to lodge a resource consent application for the first stage.

The developer wanted the council to allow it to defer payment of the development contributions on the 71 affordable homes so it could keep upfront costs down, he said.

Contributions were usually paid in advance of development but it wanted to pay at point of sale.

"There is no net cost," Meeker told councillors in a report. "It will simply be a matter of timing when the contributions are paid."

Councillors agreed to delegate to the council's chief planning officer the authority to negotiate a suitable agreement.

Ad Feedback

- The Press


Special offers

Featured Promotions

Sponsored Content