Mr Frost’s company, Lake McKay Limited Partnership, has requested unreported consent to develop around 125 sections on a 15 ha block behind Luggate.
In an interview with the Otago Daily Schedules this week Mr Frost said it would significantly increase Luggate’s housing stock.
âI think Allan Dippie’s development has added around 130 sections, and there were originally around 70 or 80 sections in the old Luggate. So we’re probably adding another 50-60% to Luggate. a substantial increase, and I guess that’s a natural place for that to happen.
“It’s right next to Luggate and in my opinion better than squeezing a lot more 400mÂ² sections in Wanaka.”
Project details have been
still under development with Queenstown Lakes District Council, but the size of the sections should be around 800mÂ² and at least
1 ha of community reserve would be created next to Luggate Creek, Mr Frost said.
At a future stage, a new village enclosure would be created on the site of the Upper Clutha Transport Yard, with the historic Luggate flour mill as the centerpiece.
Mr. Frost is a retired partner of Deloittes and has been involved in several Upper Clutha subdivisions, including Peninsula Bay in Wanaka, with Infinity Ltd, and the Pukerangi subdivision near Luggate.
The Otago Daily Schedules asked Mr Frost what gave him confidence to continue to thrive in the current climate of Covid-19, as tourism collapsed and there were constraints on supplies and construction capacity.
âDespite all the points you have made, there is still a very high demand in Wanaka. Wanaka is still a very small place and there are a lot of people who can work from home. where to live … We haven’t even advertised yet, but we have sold 15 without advertising. There is a lot of demand there. “
The ODT also asked Mr Frost how his Luggate development could help Silverlight Studios Ltd’s bid for movie studios and worker housing near Wanaka Airport.
Heather Ash, chair of an independent expedited consent panel overseeing the Silverlight application, last month described Wanaka’s housing issues as “critical” and a “key issue” for the panel’s consideration.
The Silverlight panel was informed by economist Simon Harris that there is no possibility, based on the existing building stock in Wanaka, to accommodate Silverlight’s estimated workforce (4,100 on-time workers). full and part-time during year 1), which puts great pressure on the housing market in the short and medium term.
Mr Frost said his Luggate subdivision did not specifically contain an affordable housing component, but he was aware that development had to be affordable.
He believed that house prices in Luggate were cheaper, per square meter, than in Wanaka.
He had not seen the need for a special housing area agreement with the city council, as other Upper Clutha developers had done.
He also had not approached or been approached by Silverlight Studios Ltd.
“This is a major expansion for Luggate … For Luggate, this [deliver] in 2023, but Silverlight, they might have hosting needs long before that. “
His team had considered developing a special area in Luggate for temporary and removable housing for a limited period of time, but that option was not in the plans before the council, Mr Frost said.
An example of temporary housing is the Queenstown Country Club Retirement Village Project, where the Sanderson Group has housed around 50 construction workers in removable temporary housing on site, he said.
“It’s something we would be open to consider.”
However, for now, he wanted to concentrate on the earthworks, complete the subdivision application and obtain technical approval, so that the service and road works could begin around April of next year.