PHOTO: 123RF.COM New Zealand’s top resort town of Queenstown is a step closer to a billion-dollar mixed use development which will be built in stages over more than 10 years.
A billion-dollar Queenstown mixed-use development has taken a step forward with the signing of a development agreement between the local council and New Zealand and Australian developers.
New Zealand developer Augusta Capital has announced that it and its Australian partner Ninety Four Feet had signed the legally binding agreement with the Queenstown Lakes District Council for the Lakeview site.
It is the former Queenstown camping ground on Man Street where many of the premiere resort town’s migrant hospitality workers live and is the largest remaining development site in central Queenstown.
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