PHOTO: STUFF Te Kekeu Park development on Fitzroy’s Record St should be ready soon, with the first six lots available for Te Atiawa members who want to buy them.
Taranaki’s largest iwi has a bold goal – to become the best property developer on the block.
Te Atiawa’s commercial programme has at least five subdivision projects on the go.
Following its 2014 Treaty of Waitangi settlement, where it negotiated an $87 million cash settlement, the iwi had the option to purchase, with a deferment available for up to two years, 51 sites within its tribal boundaries as part of the commercial redress element of the deal.
Liana Poutu, chairwoman of Te Kotahitanga o Te Atiawa, said what followed has been a period of thorough due diligence regarding the available properties, before making a decision on what to do with some of them.
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