Developers get Birdwood Bush in Parnell
Wednesday 11 February 2004
Developers have won the fight for a patch of native bush in Parnell.
By The LandlordThe Auckland City Council has granted non-notified consent for 27 townhouses to be built at 21 Birdwood Cres.
Richard Simpson, a key figure in the campaign to stop the development, says the decision will have a devastating impact on the area.
Mr Simpson says it will destroy 14 native trees, bury the historic Waipapa Stream and prevent public access to the old Parnell tunnel.
Read More - Opens in a new window
Commenting is closed
It’s full steam ahead for the Stevenson Group’s $800 million, 361-hectare industrial and residential development in South Auckland – despite the uncertainties of the post-Covid-19 era.
Periods of house price decline are rare and "short-lived", says economist Tony Alexander, amid forecasts of a drop of 10%-15% this year.
The Reserve Bank says the commercial property sector is vulnerable to the Covid-19 crisis. But PMG Funds' chief executive believes that while there’ll be short-term pain, the biggest long-term impact will be structural change.
Mortgage lending fell to its lowest level on record last month as the property market ground to a halt during the Covid-19 lockdown.