$700M HOUS­ING PROJECT

Matamata Chronicle - - Out & About -

A large south Auck­land hous­ing de­vel­op­ment will of­fer new onebed­room homes for less than $400,000.

Chi­nese-owned Changda In­ter­na­tional De­vel­op­ment’s Pa­cific Gar­dens project will see more than 1100 houses built on a 9.4 hectare site be­side the Voda­fone Events Cen­tre in Manukau.

Changda NZ gen­eral man­ager Yan­bing Liu is in charge of the $700 mil­lion de­vel­op­ment, which he says will take up to seven years to com­plete.

Chris Jones, who’s part of the Pa­cific Gar­dens lead­er­ship team, says stage one of the project in­cludes 21 apart­ment units and 21 ter­race and stand­alone houses.

Work­ers have al­most com­pleted earth­works on the whole site as well as in­fra­struc­ture and road­ing for the ini­tial phase, he says.

Con­struc­tion of the first homes will be­gin at the end of this year and they’re ex­pected to be com­pleted by the end of 2018.

Stage two in­cludes an ad­di­tional 62 apart­ment units and more than 40 ter­race homes.

Con­struc­tion [of these prop­er­ties] will com­mence in mid-2018 for com­ple­tion in mid-2019,’’ Jones says.

‘‘Changda’s over­all goal is to have 100 to 150 homes be­ing mar­keted and or un­der con­struc­tion each year.’’

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