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Fewer houses proposed for quarry site

A revised master plan for the $1.5 billion Mt Wellington quarry development will see fewer houses built, a lake retained and a 1.2ha commercial complex shifted.

Thursday, September 15th 2005, 8:29AM

by The Landlord

The new proposal from Greg Olliver's Landco has been endorsed by Auckland City's urban strategy and governance committee, which endorsed the changes but said Landco still had to resolve issues of public transport, open spaces, streetscapes, cycle and pedestrian links and the styles of housing planned.

The council wants a medium to high-density housing development on the land.

The new master plan proposes:

* Reducing the number of residential units planned by 500 to 800, resulting in 2200 to 2500 units being built.


* Keeping a lake to support a wetland and allow for the reuse of stormwater from houses.

* Moving the 1.2ha commercial complex from the centre to be closer to the new Auckland Netball headquarters at Ngahue Reserve.

The committee said that although fewer residential units would be built, the revision met the council's urban design principles.

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ANZ 7.39 6.39 6.19 6.19
ANZ Blueprint to Build 7.39 - - -
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BNZ - Std 7.44 5.79 5.59 5.69
BNZ - TotalMoney 7.54 - - -
CFML 321 Loans ▼5.80 - - -
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CFML Prime Loans ▼7.85 - - -
CFML Standard Loans ▼8.80 - - -
China Construction Bank - 7.09 6.75 6.49
China Construction Bank Special - - - -
Co-operative Bank - First Home Special - 5.69 - -
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Co-operative Bank - Owner Occ 6.95 5.79 5.59 5.69
Co-operative Bank - Standard 6.95 6.29 6.09 6.19
Credit Union Auckland 7.70 - - -
First Credit Union Special - 5.99 5.89 -
First Credit Union Standard 7.69 6.69 6.39 -
Heartland Bank - Online 6.99 5.49 5.39 5.45
Heartland Bank - Reverse Mortgage - - - -
Heretaunga Building Society ▼8.15 ▼6.50 ▼6.30 -
ICBC 7.49 5.79 5.59 5.59
Kainga Ora 7.39 5.79 5.59 5.69
Kainga Ora - First Home Buyer Special - - - -
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Kiwibank 7.25 6.69 6.49 6.49
Kiwibank - Offset 7.25 - - -
Kiwibank Special 7.25 5.79 5.59 5.69
Liberty 8.59 8.69 8.79 8.94
Nelson Building Society 7.94 5.75 5.99 -
Pepper Money Advantage 10.49 - - -
Pepper Money Easy 8.69 - - -
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SBS Bank 7.49 6.95 6.29 6.29
SBS Bank Special - 5.89 5.49 5.69
SBS Construction lending for FHB - - - -
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SBS FirstHome Combo 4.94 4.89 - -
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TSB Bank 8.19 6.49 6.39 6.39
TSB Special 7.39 5.69 5.59 5.59
Unity 7.64 5.79 5.55 -
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Westpac 7.39 6.39 6.09 6.19
Westpac Choices Everyday 7.49 - - -
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