Fletcher Building wins government contract to build 237 homes in Christchurch

By Jonathan Underhill
Oct. 23 (BusinessDesk) - Fletcher Building has won a contract to build 237 homes on an 11.5-hectare Crown-owned site in Christchurch, including 89 which will be priced below $400,000, Housing Minister Nick Smith said.
Construction is expected to begin by the end of the year at a build rate of 10 homes a month and a completion date of 2017, Smith said in a statement. The land is on the corner of Awatea and Carrs roads in the southern suburb of Hornby.
Financial details of the partnership weren't immediately release...
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