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Developer plans to build 6000 homes PDF Print
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Other Coastlines - Stonefields
Written by Anne Gibson, New Zealand Herald   
Tuesday, 24 April 2012

David Halsey (left), and Evan Davies look over completed houses at the Stonefields site. Photo / Paul Estcourt

Housing investor and developer Todd Property Group will build up to 6000 new residences in the next few years but has scaled back a former developer's plans at a $2 billion East Auckland estate.

Todd, building the equivalent of just under half the country's total new annual housing supply over about six or seven years, is remediating excavated apartment sites at Stonefields in Mt Wellington because it found the original scheme by Gregg Olliver too intensive.

Managing director Evan Davies said sites around College Rd were being filled because market signals meant plans had to be reconsidered.

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Last Updated ( Tuesday, 24 April 2012 )
 
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