Vacant land in central New Brighton will be developed for affordable housing as a result of an agreement between ChristchurchNZ and a New Zealand development consortium.
ChristchurchNZ Urban Development General Manager Cath Carter says the development is great news for the local community and builds on growing momentum in the seaside suburb as a result of the New Brighton Regeneration Project. It follows the completion of popular public projects on the foreshore and a further housing development on Seaview Road, along with new commercial ventures in the Brighton Mall and surrounding area.
Answers to an open call
An open call for interest in the development of three large blocks of land on Beresford Street was made late last year, with strong interest from the development community. A consortium made up of charitable trusts, a development consultancy and a construction company to build a mixed-tenure residential development was selected to lead the project.