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The Avanda Group has announced that it will develop more than 500 new homes in the Airfields precinct at Hobsonville Point.
Panuku Development Auckland confirmed the Avanda Group as the housing developer for Stage Two of the Airfields Precinct, which is a 20-hectare Council-owned site, formerly a part of the Hobsonville Air Force Base.
Panuku Development Auckland is a Council Controlled Organisation.
It was established in September 2015 following the merger of Waterfront Auckland and Auckland Council Property Limited.
Panuku aims to transform, unlock and support the development of the Airfields precinct as a part of the Unlock Hobsonville Project.
Panuku Chief Executive Roger MacDonald said that Avanda was chosen after a competitive tender process was undertaken, with strong interest received from six potential developers.
“Avanda is a significant new entrant in the property development market and they showed commitment to developing all of Stage Two, rather than just individual parcels that were offered to the market,” he said.
Resource Consent process
Avanda has commenced detailed design to obtain the necessary resource consents for infrastructure works so that housing can be developed.
“We look forward to working with Avanda as they bring our masterplan for hundreds more quality homes in Airfields at Hobsonville Point to fruition to help ease Auckland’s housing shortage,” Mr MacDonald said.
Avanda project manager Winson Tan said that the Airfields is situated in a vibrant community with a rich history and superb local amenities.
“The housing shortage is well acknowledged and we are pleased to have the opportunity to help meet this challenge in delivering a range of high quality housing options in this rapidly expanding and sought-after community,” he said.
The sale of Stage Two builds on the success of Stage One, which will deliver 102 standalone and terrace homes, with building scheduled to begin in the next few months.
Stage Two development area