CDL Investments projects included in Fast-track bill

CDL Investments has announced that its R2 Growth Cell development in Hamilton and the Arataki Road development in Havelock North have been included as listed projects in the Fast-track Approvals Bill, which is currently being considered by Parliament.

If approved, this would provide CDL Investments and its subsidiary, CDL Land New Zealand, with a pipeline of development projects in these areas to address the growing housing demand.

The R2 Growth Cell, located near Hamilton's northeastern city limits, is expected to generate around 1,350 residential sections and 35 hectares of industrial commercial land.

The Arataki Road development, situated in Havelock North, could yield 160 to 200 dwellings, depending on the approved density.

Both projects are well-connected to key infrastructure and services, and CDL Investments intends to begin development in 2025, pending the necessary approvals.