PHOTO: PROFESSIONALS/SUPPLIEDTe Puna Wai papakāinga development in Wainuiomata, Lower Hutt is another building partnership underway with The Wellington Company (File photo).
Wellington’s housing stock will see a boost following a rapid sale of land by Wellington iwi to a private developer.
Fifty-six two and three-bedroom terraced homes have been built following a partnership deal between iwi and The Wellington Company – a residential and urban development organisation under the guidance of Ian Cassels.
The site in Petone, Lower Hutt called Paetutu, was offered to Taranaki Whānui under its right of refusal as part of its Treaty of Waitangi Settlement, a group of iwi that settled in the Wellington region in the 1830s. The Jackson St area was blessed on Thursday morning, with the first residents set to move in soon.
Of the 56 new owners, 14 are iwi with a portion of money from all sales in the development to go to the iwi membership.
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