Hobsonville development sped up to boost supply
The Hobsonville Land Company has announced it plans to speed up its development plans to ensure that many more dwellings can hit the market over the next few years.
Building and Housing Minister Nick Smith that, under the previous development schedule, the houses would not have been available until 2019.
“But they will now come on-stream from 2017 – providing an additional 1000 new homes more quickly to help address Auckland’s urgent housing need.”
The company also plans to deliver a higher proportion of affordably priced homes in the relevant precincts.
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