Largest residential development in the history of Horowhenua
Work is about to start on the largest subdivision Horowhenua has ever seen. A site blessing, pōwhiri and spade-turning ceremony attended by dignitaries including Prime Minister Jacinda Ardern was held on December 3rd and construction of the development will kick-off in Levin this month.
The new residential development, Taraika, will be set on 420 hectares of land and will provide more than 2,500 new homes for over 5,000 people in the area. The vision is to transform Taraika into a thriving extension of Levin, with choice of housing and living options for the community and excellent connection to the town centre and the wider region.
We have been working as Strategic Property Advisors for Horowhenua District Council since 2019 and have worked alongside landowners and the Crown to make this project a reality. Veros led the preparation of Crown Infrastructure Funding applications earlier this year, and following detailed discussions with the Crown has resulted in the announcement of $25m of government funding as part of the fast track shovel ready infrastructure support. We are excited to continue our work with the Council and other stakeholders in the transition to project delivery. This development will be transformational for Horowhenua and we are extremely proud to be a part of this project that will provide much-needed housing supply in the area with positive benefits for the future of this community.
As well as providing 2,500 homes, this development will also include parks, reserves, a local shopping centre, and a primary school.
Learn more about the Master Plan for Taraika here.