City living moves to Cambridge
Apartment buildings, a long-time feature in metropolitan areas around the world and only recently popping up in Hamilton, are on their way to Waikato’s service towns.
Cambridge is at the sharp end of growth in the Waikato. The St Kilda development feeds the quarter-acre dream. The Lakewood development overlooking Lake Te Ko Utu fulfils the town’s commercial and residential home aspirations.
And construction will start in July on the latest development: a high-rise six-apartment block on Alpha Street in Cambridge’s CBD.
Alpha Street Developments spokeswoman Olivia Fraser said the town is taking a step forward.
‘‘For a provincial town, it’s new,’’ Fraser said. ‘‘Land is at a premium. Ideally, it’s a way people should go. It’s secure, it’s safe, it’s sociable.’’
Fraser grew up in Tamahere and after a few years living abroad, she moved back.
‘‘As soon as I got here, I loved it. There is a real sense of community and there are some amazing shops and some great restaurants and I never would have thought there would be that standard of cafes and restaurants in Cambridge,’’ she said.
There are six apartment units in her Alpha Street block. Prices range from $750,000 to $950,000. The building is designed to fit Cambridge’s heritage look and it has retail space on the bottom floor, as well as car-parking.
Waikato University environmental planning Professor Iain White said the Cambridge market is developing innovative living options as house prices soar.
‘‘It allows people to make different housing choices at different stages of their lives.’’