In 2019 Veros helped facilitate the creation of the Wooing Tree Development Partnership, a joint venture between the existing vineyard owners and a Tauranga based investment company. We have since been appointed Development Managers for the partnership and are leading the delivery of this exciting, multifaceted development. Wooing Tree Estate is a joint residential and commercial development being developed alongside the iconic Wooing Tree Vineyard in Cromwell. The intent is to keep a substantial fringe of vines that wrap around the entire south and west borders of the site, cloaking it in a soft green shroud creating a truly unique point of difference.
With the development structure formed in 2019, Veros has led the delivery of the vision through consenting, detailed design, procurement phases including marketing and pre-sales. Producing a unique market offering, pre-sales have performed well during changing economic conditions with the project due to commence earthworks and civil works in 2020, with first residents scheduled to move into their completed homes in mid-2021.
Spanning 25ha and offering exceptional sites in a prime location, Stage 1a and Stage 1b have just been released and comprises 25 lots, ranging from 500sqm–1000sqm. Stage Two will activate the retail and hospitality precinct, as well as further residential. This stage will be subject to finalising the design, function and cost of the State Highway intersection in consultation with the New Zealand Transport Authority and the Central Otago District Council.
Our team is very excited to be managing this development, having pulled together an experienced team to deliver a quality master-planned community.
Find out more on the Wooing Tree Estate website here