RCL Homestead Bay Limited lodged an application in June 2025 to construct 2,800 residential homes and a commercial retail precinct, which has now been approved by an independent panel.
“Approval for this project took around six months from the panel’s appointment,” Mr Bishop says.
“The project is estimated to contribute $720.3 million to GDP and support around 4,420 jobs during construction."
Read more here: Major Queenstown Housing Development Approved through Fast-track | Beehive.govt.nz