Marina, housing project signed

The Banks Peninsula District Council yesterday signed a development agreement with a private company to build a new marina with 400 berths, retail areas, restaurants, housing, boat storage and haul-out facilities at Magazine Bay.

The company, Covington Group, which owns Auckland's 1000-berth Gulf Harbour marina on the Whangaparaoa Peninsula, will start the project by building a fixed-pile breakwater to protect the Lyttelton marina from storms.

Plans to develop the area have been on hold since 2000, when a storm destroyed the partly built marina, and the project was eventually placed in receivership.

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