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A 8149 Square meters site on Madras St in the center of Christchurch is going to be turned into housing.
Proponents will visit the main site that was previously planned for a failed Christchurch subdivision.
The Crown Ōtākaro Reconstruction Company asks developers to submit housing proposals for an 8149 square meter site through Madras, Gloucester and Armagh Streets.
It was previously reserved for Breathe Urban Village, a flagship project that has found developers in an international competition run by the government. It was abandoned in 2015 after months of delay.
The block is close to Margaret Mahy Playground and near the One Central Townhome (formerly the East Setting), which is starting to show signs of life.
Keith Beal, General Manager of Real Estate Strategy and Opportunities at Otakaro, said that interested developers were encouraged to innovate in their development plans because it was not just about profitability of the assignment of the site.
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"If You Think You Have a Plan and the Ability to Deliver Homes That do something a little different in terms of design, construction, common spaces or affordability, we would like to hear. "
Beal said a site of this size, "With Rauora Park and Manchester St completed or close, other large projects are progressing well and confidence in the growth of the city, we now believe is a good time to make this site available. "
The site is a bare land, before the earthquake, it housed several buildings, including Charlie B. Backpackers.
The $ 30 million Breathe project was considered a key project for the city. This environmentally friendly village was designed by the Italian company Anselmi Attiani Associated Architects and the local developer Ian Smart.
After months of delay, the project failed when the promoters did not work. were able to obtain the required funding.
Dr. Lin Roberts, of the University of Lincoln, recently published a study on the project, saying that a purely commercial approach would never deliver it and required support from the government that was not available.
Roberts, who was an unsuccessful finalist in the competition to determine developer Breathe, said the government wanted a developer to take all the risks, yer a high price for a land subject to liquefaction, then enter into a contract to deliver an agreed development in the field on an agreed date, binding the developer's hand on what he's done on the site.
– Practical Information
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