Housing New Zealand and Waikato-Tainui today announced that they will begin work on rejuvenating the old Jebson Place site in Hamilton East into a mix of public and private housing.
A development agreement signed by both parties now paves the way for the site to be redeveloped into a vibrant community. The new housing development will consist of 80 new homes – 30 state houses and 50 houses that Waikato-Tainui subsidiary company Tainui Developments Limited will construct and sell to whanau.
"The $11 million redevelopment will breathe new life into the old site and the community, which replaces 58 Housing New Zealand state houses," says Housing New Zealand General Manager Asset Development Patrick Dougherty.
"Hamilton is in need of more housing and we’re excited to begin on this redevelopment. We appreciate the patience that the local community has shown us and we look forward to working with Waikato-Tainui to provide a more vibrant and sustainable community," says Mr Dougherty.
Housing New Zealand has begun civil works on the state housing part of the redevelopment and will commence construction of the 12 one-bedroom and 18 two-bedroom homes along Dey Street around November, with a completion date of mid-2019.
Hamilton’s Mayor Andrew King warmly welcomed the announcement.
"It’s great to see a timeline for work getting underway on this exciting project in Hamilton East, the first of the city’s Special Housing Areas to get the green light from the Government earlier this year.
"Housing New Zealand and Tainui are to be congratulated on the progress they’re making. It’s essential we collectively continue to make progress on increasing housing supply in our city given the population density and growth pressures we’re facing," said Mayor King.