Prestons News

Nov 2013 - Prime Minister visits Prestons

L-R: Leianne O'Brien, Tahnika White and Prime Minister John KeyPrime Minister John Key made a visit to Prestons yesterday, as foundation work on the first home commenced.

A Plan Change to rezone the land to residential was fast-tracked following the earthquakes so that red zone residents in the eastern suburbs could move nearby to the Prestons development.  Of the 200 sections released in the first neighbourhood, Korowai, only four remain unsold while 130 of the 230 sections within the second neighbourhood, Harakeke, have also been sold. 

The Prime Minister met Leianne O'Brien, who was the first purchaser of a section at Prestons, and Cliff Mitton, who is likely to be the first person to move into Prestons when his home is complete in the new year.  Both currently have homes within the red zone.

David Schwartfeger, development manager at Ngāi Tahu Property, said that the demand has been across the board, both in age-group and the location of where people come from.

"Our section sizes, which are from 450m2 to 650m2, are also an attraction and as Prestons becomes more established more people are discovering how close it is to the city being only a 20 minute drive and less than eight kilometres as the crow flies from Catherdral Sqaure," he said.

Schwartfeger said that the fact each section comes with a free geotechnical report and certification that the land is TC1 is also a compelling reason for many to buy.

"Prestons suffered no liquifaction or lateral spreading or any other seismically associated hazards during the enitre earthquake series and while the majority of the development was classified as TC1, some remediation of localised areas of TC2 land has been carried out to bring it up to this higher standard."

Bulk earthworks on the southern side of the development, owned by CDL Land New Zealand, are due to commence shortly. Resource consents have also recently been granted by the Christchurch City Council for a New World supermarket on the Prestons Road-Marshlands Road corner.

Prestons is designed to be a sustainable urban village that will ultimately contain 2300 houses and be home to 8000 residents.  It is a joint venture between Ngāi Tahu Property, CDL Land New Zealaind and Foodstuffs (SI) Ltd.

For further information on purchasing a section within Prestons, please click here.