Lord of the Bay: Jackson buys out planned Wellington housing development

Peter Jackson (centre) has increased his landholdings on the Miramar peninsula. (Image: NZME)
A controversial housing development at Wellington’s Shelly Bay will no longer go ahead, and the land there has been sold to filmmaker Peter Jackson and his wife, Fran Walsh.The shock announcement was made in a joint statement from the parties.Shelly Bay Taikuru Limited and The Wellington Company announced Friday that they would not proceed with the planned development, saying the decision was “carefully considered”.The Wellington Company was behind the $500 million development, which was to feature 350 new homes and divided lo...
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