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Fast-Track Approval Boosts Queenstown with 2,800 New Homes and Jobs

10 hours ago | 38 views

Infrastructure Minister Chris Bishop has approved a Fast-track application by RCL Homestead Bay Limited to build 2,800 homes and a commercial precinct in Queenstown, addressing the region's severe housing shortage and high prices. The project is expected to contribute $720.3 million to GDP and create approximately 4,420 construction jobs, while minimizing pressure on existing infrastructure through independent wastewater systems. This approval marks the 10th successful Fast-track project, demonstrating the system's effectiveness in accelerating essential infrastructure developments across New Zealand.

Tags: Chris Bishop RCL Homestead Bay Limited Queenstown New Zealand Homestead Bay Infrastructure Minister Queenstown Lakes Housing Development Economic Boost