City Developments (SG:C09) has released an update.
CDL Investments New Zealand Limited has announced the inclusion of their R2 Growth Cell and Arataki Road housing projects in the Fast-track Approvals Bill, potentially accelerating development and addressing housing demand in Hamilton and Havelock North. If the bill passes and subsequent approvals are granted, the projects are expected to commence in 2025, significantly increasing housing options in the regions with the R2 project offering around 1,350 residential units and industrial space, and Arataki adding up to 200 dwellings.
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