In a ground-breaking venture, the esteemed Melbourne-based property developer, Ninety Four Feet, has revealed its ambitious undertaking—Lakeview Te Taumata—a revolutionary 10-hectare lakeside suburb poised to redefine luxury living in the heart of Queenstown.
This transformative project, situated in proximity to the iconic Skyline Gondola, is a collaborative effort with the ASX-listed Centuria Capital Group and visionary pioneers from Auckland’s Britomart precinct. Over the next decade, the former campground on Lake Wakatipu is set to metamorphose into a vibrant, world-class community.
With a multi-billion-dollar budget, Lakeview Te Taumata is set to offer a diverse array of amenities, including residential apartments, a co-living building, three hotels, a co-working centre, health and wellness facilities, curated retail spaces, an art gallery, and an extensive food and beverage selection. Pending approval, the addition of thermal pools promises to bring an exciting dimension to the already impressive project.
Architectural renders showcase stone-wrapped shops and restaurants at ground level, complemented by a co-living building and four residential tower blocks, the tallest of which will reach twelve stories high. Over half of the precinct’s expanse will be dedicated to open public spaces and walkways, fostering a strong sense of community.
Charmaine Balchin, Ninety Four Feet Development Manager, has announced that the project is slated for an official launch in early 2024, with New Zealand Sotheby’s International Realty inviting high net worth clients to register their interest now. The consortium successfully secured the project in a competitive global bid with the Queenstown Lakes District Council in 2019, with subdivision and civil works commencing in 2020 and the handover expected in March 2024.
Charmaine expressed her admiration for the dedication shown by the Queenstown Lakes District Council in overcoming global challenges to bring this ambitious project to fruition. She anticipates the commencement of construction for the first stage after winter in 2024.
Mark Harris, Managing Director of New Zealand Sotheby’s International, has hailed Lakeview Te Taumata as Queenstown’s first truly world-class master-planned community in the CBD. Ninety Four Feet underscores a cohesive design philosophy cantered on sustainability, neighbourly intent, and experiential placemaking. Collaborating with Māori designers, artists, place makers, and renowned architects Monk Mackenzie and Architectus, the project pays homage to both the natural environment and the cultural heritage of the region.
Prices for Lakeview Te Taumata residences start at $750,000, offering a range of options, including one, two, and three-bedroom residences and penthouse suites. This development follows Ninety Four Feet’s successful completion of the $250 million Hotel Indigo Auckland and the 51 Albert Sky Residences tower project in Auckland, showcasing the developer’s unwavering commitment to elevating New Zealand’s urban landscape.
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