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August, 2019

Building work on a half-a-billion dollar-plus village at Queenstowns
Jacks Point is about to start.
The long-awaited central hub  alongside Lake Tewa and the Clubhouse 
will comprise 110 homes, a mix of 600 visitor accommodation rooms,
including a $200m waterfront hotel, and commercial premises amidst
tree-lined streetscapes and green spaces.
It will service Jacks Point zones resident population, including Hanleys
Farm, which will eventually reach about 8000.
But it will also enhance its appeal as a destination for locals and visitors
already attracted by the championship golf course and other amenities
like its walking/cycling trails, its developers say.
The 15-hectare site  a similar size to Queenstowns CBD  is being
developed by Jacks Points original local developers, John Darby and
Mike Coburn.
Darby calls it a game-changer for the resort.
He says it will attract a broad range of people to live and work there
with a lively mix of shops, restaurants, small businesses, homes, visitor
accommodation and a strong community base.
The first homes, mostly two-bedroom, are priced from $699,000, and
will be built by Southern Lakes Group and Classic Builders.
Darby says theyre priced well below the average price for
Queenstown, and will appeal to young first-home buyers, retirees and
everyone in between.
Coburn adds: Part of the original philosophy and vision for the village
was to have a cross-section of all of the community living here.
In contrast to the expanding shopping centres on Queenstowns Frankton
Flats, Coburn says the village has more the sort of atmosphere youd
expect in places like Clyde or Arrowtown, but just on a bigger scale,
and, of course, in a modern build, but still in sympathy with the
landscape which has always been our ethos.
Parts of the village  which Coburn says will follow the same design
guidelines as the rest of Jacks Point  will be up to four storeys.
The design, by Darbys planning, design and project management
practice, Darby Partners, promotes the use of sustainable materials and
green engineering systems.
Coburn: It is a rather unique village in New Zealand because theres
not too many builds that Im aware of, of the same scale.
He says the development timetable is going to be driven by demand
and the economy.
Plans for the five-star hotel will be unveiled soon.
Meanwhile, Coburn and Darby are also seeking, along with real estate
consultancy CBRE, partners to help build the village.
Given central Queenstown is largely locked up by investors, Jacks
Point Village presents a chance to participate in this thriving community
and growing visitor economy, Darby says.

Source: Otago Daily Times


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