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Post by Brent George on Mar 11, 2021 21:27:41 GMT
Pressure to grow up instead of out as Palmerston North runs low on land.Stuff - Lifestyle: 11-Mar-2021The demand for space for housing developments in Palmerston North is growing faster than land can be freed up – posing a difficult equation for city planners. As developers warn residential sections have almost entirely sold out, the city council is tasked with trying to stay ahead of housing demand in its draft 10-year plan. Acting city planning manager Michael Duindam said the biggest problem was all the “low-hanging fruit” had been picked. “After we’re done with the current developments in the pipeline we probably won’t have any other opportunities for large developments.” The city would have to grow up, rather than out, and make the most of land within its existing boundaries, he said.
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Post by Brent George on Dec 11, 2022 18:54:59 GMT
When the Developers Come Calling: The Christchurch Street Beset by Overgrown Sections Stuff - National: 10-Dec-2022Closely packed, double-storey townhouse developments have cropped up all over central Christchurch and are now spreading into the suburbs. The properties in Bampton Street (Burwood) sold to developers are easy to spot see what happens when developers come calling.... They are the ones with overgrown lawns, untrimmed hedges and a general air of abandonment. Not so long ago they housed couples and families who had made their earthquake repairs, loved their gardens and helped their neighbours. The developers started buying in the street in April last year. The first was a company associated with mega house builder Mike Greer, which bought No. 29, a 1262m² property with a spacious brick house, for $845,000.
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Post by Brent George on Dec 12, 2022 19:36:55 GMT
Stuff - National: 10-Dec-2022Closely packed, double-storey townhouse developments have cropped up all over central Christchurch and are now spreading into the suburbs. The properties in Bampton Street (Burwood) sold to developers are easy to spot see what happens when developers come calling.... They are the ones with overgrown lawns, untrimmed hedges and a general air of abandonment. Not so long ago they housed couples and families who had made their earthquake repairs, loved their gardens and helped their neighbours. The developers started buying in the street in April last year. The first was a company associated with mega house builder Mike Greer, which bought No. 29, a 1262m² property with a spacious brick house, for $845,000. And Part Two:- Townhouse builder uses prospect of social housing to pressure homeowners into sellingStuff - National: 13-Dec-2022An aggressive buyer for townhouse developer Wolfbrook Residential has been accused of using the threat of social housing to pressure property owners to sell. Stuff used the example of Bampton St in the Christchurch suburb of Dallington to show what happened when developers started buying up sections in a suburban street. It showed a domino effect as householders sold, partly due to over-the-odds prices, but also the prospect of living next to large two-storey housing complexes.
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