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Work is expected to get underway soon on the first stage of a significant new residential neighbourhood of over 1200 homes on the edge of the Manukau Harbour in Auckland.
The 14-hectare master-planned development in Favona and next to Mangere Bridge, will ultimately become home to approximately 4000 people.
Consisting of a combination of architecturally designed terraced houses as well as apartments, the first stage will focus on the building of 38 two-storey terrace homes and an apartment complex that will consist of 196 apartments within two, six storey buildings and one, four storey building.
Large common areas are set to be a key feature of the development. A central park of approximately 5000m2 is proposed to be used for sports and leisure adjacent to the community centre that will be available for public use and to host events.
A small retail precinct with cafés and convenience services near to the central park will also support a weekend market space, and is expected to create a vibrant centre for the community to enjoy.
Although pricing for homes is yet to be set, early indications are that 20% of homes will be under $600,000 with 70% under $750,000.
Market Cove General Manager Guy Taylor, said that having refreshed earlier plans for the development, he and colleagues are excited to be in delivery mode now with Market Cove not reliant on bank funding to proceed.
“Market Cove will be a new neighbourhood for a new Auckland. One that is all about people and being design led to ensure that our homes achieve a modern way of living. The north facing development captures views of One Tree Hill, Mangere Mountain and the Manukau harbour which will enable to community to enjoy its natural surrounding environment,” he said.
“Market Cove is well positioned to also take advantage of the new motorway link to the CBD that is expected to open in early 2017. It is also right next door to the popular Mangere Bridge and Ambury Regional Park and only 8 kms to Auckland International Airport,” he added.
Mr Taylor said that with a high level of amenity proposed in the form several large common gardens, linear and pocket parks and a new coastal esplanade featuring walking and cycling tracks, Market Cove will promote an active and healthy lifestyle and a tight knit and nurturing community that is connected to its surroundings.
Per him, the first stage of construction will focus on the 38 terraced townhouses, designed by architects Young + Richards, located on the western edge of the site accessed by Mahunga Drive.
“The terrace homes are all about architecture that optimises interaction with the surrounding streetscapes and urban realm. With stylish simplicity and well considered interior layouts the terrace homes will offer 2, 3, 4 & 5 bedroom options. As much about creating individual design statements as they are about creating a sense of community, the homes are representative of the underlying ethos of Market Cove.” Mr Taylor said.
Lemauga Lydia Sosene, Chair of the Mangere-Otahuhu Local Board, said that the development and the new wave of new residents that will come with it, is great for the economic and social growth of Favona-Mangere area.
“I am also encouraged by the level of design and quality urban planning going into the Market Cove and the array of community facilities that will be on offer including the rejuvenation of the harbour frontage, which I’m sure will make it a fantastic asset for the wider community,” she said.
Since Market Cove not reliant on bank funding to proceed civil work is now underway on site to create key access roads and construction on the terraced homes is estimated to start next month and be completed in the second half of 2017.
Construction for the apartments at Market Cove is expected to get underway early next year anticipated completion by late 2018.
In the meantime, people looking to register their interest are encouraged to do so via www.marketcove.co.nz.