Land grab frenzy stuns developers

  • A subdivision Open Day in Hastings yesterday was over almost before it began as buyers swooped in a frenzy of unprecedented demand caused by the housing shortage in Hawke’s Bay.

Greenstone Land Development director and Lyndhurst project manager Tim Wilkins said buyers were waiting “when we arrived,” and contracts were soon being signed on the last of the 28 Stages 3 and 4 sections at the Regional Sports Park end of a 175-section development programmed over five years between Lyndhurst and Arbuckle roads.

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Greenstone Land directors John O’Sullivan (left) and Tim Wilkins at the newly-released land in Frimley. Photo/Supplied