By PHILIP CHANDLER
A developer whose company’s selling sections at Queenstown’s Ladies Mile for about $1.2 million-plus makes it clear it’s their ‘Plan B’.
Laurel Hills Ltd originally applied for a 156-lot subdivision off Stalker Road under the government’s former special housing area legislation.
After heated opposition from nearby residents concerned it’d create further Ladies Mile
traffic congestion, the council punted the proposal.
Lead partner, Arrowtowner Wayne Foley, says they’d been encouraged by council staff to
plan ‘‘an intensified subdivision’’.
‘‘Our proposal did include a slip lane which would have facilitated a real improvement in
traffic flows rather than relying on the Stalker Rd roundabout.’’
Ten percent of the sites would also have gone to the local housing trust for more affordable housing.
‘‘I’m really disappointed we’re not able to provide appropriately-sized lots that would allow for people in our community to purchase affordable sections on this side of the airport,’’ Foley says.
His company then applied for, and was granted, what the district plan allowed on its 10-hectare block — 26 lots of at least 2000 square metres each.
‘‘What we’ve ended up with is a subdivision where the selling prices for these sections will
range from around $1.2m up wards to $2m.’’
Work started a month ago on forming the renamed Koko Ridge subdivision, and should be completed by next March/April.
Foley expects marketing will start about October, ‘‘when people can safely enter the property’’.
‘‘We believe it will appeal to those looking for a greater land area than higher density, but
also those who don’t require a two-, three- or four-acre property where the maintenance is
effectively a life sentence.’’
The developers will also build a bund by the Ladies Mile high way to screen the subdivision
and reduce traffic noise.
Foley says they haven’t analysed the traffic volume Koko Ridge will create, ‘‘but we don’t
anticipate we’re going to add anything of a material nature to what’s already happening’’.
One of the 26 lots has a house on it that’s being refurbished and will also be put on the market.
‘‘When you view it from the highway, you have no appreciation of the amount of land that’s in there, and the superb vista the property has.’’
Some sections, he notes, will also back on to an existing pond.
As for the name, that refers to the native tui or parson bird.
‘‘We’ve got a number of cabbage trees and flaxes we would expect tui to frequent,’’ Foley
Proposed internal street names will also borrow from native flora and fauna.