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Deal done to build on vacant Crown land

NZ NewswireNZ Newswire 16/06/2016

Residential Construction taking place in Auckland. © Bloomberg Residential Construction taking place in Auckland. A deal has been signed to start building on one of the areas of vacant Crown land in Auckland earmarked for new housing.

Building and Housing Minister Nick Smith says an agreement has been reached with Fletcher Residential for a 196-home development on a nine hectare block of former Ministry of Education land in Massey East.

There'll be a mix of detached, terraced and duplex homes. Close to a third of the new homes will be made available for social housing.

"This agreement requires the $130 million development to proceed at pace. Earthworks and infrastructure work will begin later this year, building in February and the first homes will be completed by August 2017," Dr Smith said.

The agreement is the first as part of the government's plan to free up as much as 500ha of under-utilised Crown land in Auckland for housing developments.

The government has so far spent just over $50 million purchasing four sites with the capacity to build close to 1000 new homes.

Dr Smith was given another $100 million in this year's budget to continue looking at what other areas of vacant Crown land could be used for housing.

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