Through our land development arm, Founders we identify land development opportunities within Auckland and develop these into residential sites and sections to sell to home builders.
The land holdings sit in two parcels with the site closest to the town centre being marketed as the EdgeWest residential development which has already been sold down to 5 house building companies.
The larger balance of the site is being masterplanned by Founders and it will become a residential community similar to Wilshire’s highly successful Richmond development in Mount Wellington. The medium-density area will have a mix of walk-up apartments, terraces, standalone homes, and duplexes. Construction works for this larger site will commence end of next year.
The Auckland Council estimates Westgate’s population could increase by nearly 82,000 (81,760 to be exact) by 2048.