Over 3700 new houses are expected to be built in Hamilton over the course of the next ten years.
Hamilton Mayor Andrew King is delighted with the result and says that development in the south is key to the city’s future.
“We are now one step closer to delivering on a promise we made to Hamiltonians a long time ago, to develop Peococke.”
The project will work as a three way partnership between Government, local Council, and developers. While 3700 new homes are expected initially, King projected that a total of 8000 homes would be built within the next 30 years.
Hamilton City Council CEO Richard Briggs didn’t seem so confident however, saying there is still a lot of work to do in order to ensure that no surprises emerge. Briggs believes that once public consultation has been sought, and a business case has been accepted, it will still take another four to five years until a clearer picture about completion emerges.
“We are not at the final stage yet. The Council will have to make some hard decisions to make during their 10 Year Plan discussions about what projects take priority.”
The announcement was made at a press conference in Hamilton on Tuesday – but the hard work in implementing this plan is yet to begin.