Up to 700 new Queenstown homes could be misplaced, despite highest prices in NZ & More Trending News

 

The location of Flints Park, on the outskirts of Queenstown, where developers hope to build 384 residential units, or 179 units and a new school.

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The location of Flints Park, on the outskirts of Queenstown, the place builders hope to construct 384 residential items, or 179 items and a new faculty.

Up to 700 desperately wanted Queenstown homes could be misplaced after a quick monitor proposal plan was rejected.

An skilled consenting panel working underneath the Environmental Protection Authority rejected plans by Flint’s Park to construct both 384 residential items or, 179 residential items and a main faculty.

They have been destined for a flat web site at Ladies Mile Highway, close to Lake Hayes.

The determination has additionally put in jeopardy plans for one more 315 homes in the identical space despite the city being in a housing affordability disaster, the developer mentioned.

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STUFF

The Queenstown Lakes space has a difficult housing market. (first revealed September, 2019)

In April, Environment Minister David Parker introduced the mission referred to as Flint’s Park, proposed by Glenpanel Development Limited, would be despatched via the quick monitor course of.

Glenpanel Developments is owned by Queenstown males Lindsey Topp​ and Mark Tylden​ who’ve one other mission referred to as Flint’s Park West, which was additionally accepted for quick monitoring.

That is on a neighbouring web site and the proposal is for 315 residential items or 180 items and a main faculty.

Tylden mentioned the choice by the skilled consenting panel to reject the Flint’s Park Ltd additionally places the second growth in jeopardy.

Collectively they could add 700 homes to Queenstown’s housing inventory.

“The decision fails to take into account the chronic lack of housing in Queenstown which is hampering our local economy,” Tylden mentioned.

”Taking a broader view would have meant making an allowance for the companies that merely can’t get workers and the individuals who can’t get a home to lease, not to mention purchase a home.”

Many Queenstown businesses will not operate at full capacity this summer due to staff shortages.

Debbie Jamieson/Stuff

Many Queenstown companies is not going to function at full capability this summer season due to workers shortages.

The value of Queenstown homes already meant companies didn’t have sufficient workers to function at full capability this summer season.

“And there appears no real chance of the 2023/24 summer season being any better,” Tylden mentioned.

Queenstown was the one actual property market in New Zealand the place prices have been persevering with to rise, he mentioned.

Quotable Value’s newest quarterly figures present Queenstown residence values growing 2.9% to $1.7m for the three months to the top of October.

In the earlier three months the worth of Queenstown homes elevated 1.5% to $1.69m.

The city is in a housing affordability disaster with a whole bunch of individuals on ready lists for inexpensive housing and scarce staff leaving city as a result of they’ll’t discover anyplace to stay.

The average value of a Queenstown home has reached $1.7 million.

Debbie Jamieson/Stuff

The common worth of a Queenstown residence has reached $1.7 million.

Tylden mentioned his firm would attraction the choice as quickly as potential.

It would additionally re-evaluate the Flints Park West proposal, which was but to be lodged.

The Environment Protection Authority skilled panel that rejected the Flint’s Park plan mentioned the proposal did have some constructive results, reminiscent of the availability of further housing and employment.

It additionally accepted the agricultural flat land was marked for urbanisation in the close to future by the Queenstown Lakes District Council.

However, not all the applying web site would be included in the council plans, and the panel was required to decide the applying in phrases of the present zoning and planning provisions.

The mission was opposite to the present Proposed District Plan and would have opposed panorama and visible results and opposed visitors and transport results, the panel mentioned.

Former Queenstown Lakes District mayor Jim Boult believed the proposal would worsen traffic congestion.

James Allan/Supplied

Former Queenstown Lakes District mayor Jim Boult believed the proposal would worsen visitors congestion.

The Flint’s Park proposal has been controversial with former Queenstown Lakes District Mayor Jim Boult saying it was not suitable with the council’s grasp plan.

In its present type, it could possible worsen congestion on the state freeway, he mentioned.

“We don’t want piecemeal development.”

A 3rd related proposal was made by Maryhill Ltd and known as Glenpanel, Ladies Mile-Te Putahi.

It would come with up to 748 homes constructed on one other neighbouring web site, or a lesser worth with a college or retirement village, and has additionally been accepted for quick monitoring.

The proposal is but to be formally lodged.

Maryhill Ltd director Kristan​ Stalker declined to remark.

Up to 700 new Queenstown homes could be misplaced, despite highest prices in NZ

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