2021 Report

Page 35

Executive Summary Introduction Economy

HOUSING

Our residential greenfield growth areas 68 sections

1403 sections

60 sections

34 homes

272 homes

6300 homes

Resource consents in processing

Resource consent granted

Sections finished (titled)

Building consent granted

Completed

Total

FROM

TO

Feb 2022

BY

2041

Development in Peacocke was bought forward when funding was secured through the Housing Infrastructure Fund to unlock the area. The bridge connecting Peacocke to Cobham Drive is currently under construction along with other major infrastructure projects to service the area. The bridge and surrounding roads are due to open in late-2023.

The Amberfield subdivision was given the green light from the Environmental Court in September 2021. The subdivision will have 830 residential sections and is the first major subdivision consented in the area. The resource consent was initially approved in 2019 but several environmental conditions were appealed by both the developer and the Department of Conservation.

35

Hamilton City Council - 2021 Hamilton Annual Economic Report

Central City

Consent was also granted in December 2021 for the Aurora subdivision. The consent was for a total of 192 residential sections, though the plan is to further subdivide some of the larger sections for apartments and duplexes (subject to Council approval) in the future.

People

Developer activity and interest in the Peacocke area remains high. Current pre-application discussions, consenting and construction activity totals approximately 3000 homes - about 80% of the projected 10-year developer uptake of 3750 homes in Peacocke. The first housing is expected to follow in the following year. When completed, Peacocke will be home to up to 20,000 Hamiltonians.

Commercial

2018

Housing

Peacocke


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2021 Report by NAIHarcourtsHamilton - Issuu