A giant $420 million 570-residence housing project is being planned north of Auckland at Orewa.
On Friday, Changda International (NZ) will launch its Sunny Heights project on Sunnyheights Rd, citing a project value of $420 million.
"Sunny Heights represents a substantial investment in Auckland's housing market. Changda International is collaborating with government, real estate investors, developers and construction companies to help address the city's housing shortage. When completed in late 2018, the 42ha Sunny Heights development will accommodate more than 570 homes in a mix of standalone houses, terraces and apartments," said the invitation.
Chris Darby, Auckland Council's planning committee chairman, welcomed the project.
"It's encouraging to see a developer proceeding and I'm hopeful it will progress to housing that can be occupied by people," he said, referring to snags with some other projects due to construction price rises and funding issues.
Changda said more about its plans.
"Changda International (NZ) chairman Mr Pengqiang Xu, board member Mr Jinxing Xue and general manager Mr Yanbing Liu look forward to meeting you and sharing their vision for a vibrant community in beautiful Orewa," the invitation said.
The site is inland from the coast on farmland, between State Highway 1 on the Albany-Waiwera toll road and the Hibiscus Coast.
