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Residents of 12 Halsey will benefit from a range of amenities such as a resort-style pool.
The scheme comprises 152 social rent and 154 intermediate homes, including key worker units, along with a community nursery and café.
The consortium signed a 12-month deal with NB Power to assess upgrade plans for the ageing Mactaquac hydroelectric station.
The 32-year PPP will deliver New Zealand’s longest expressway, enhancing connectivity between Auckland, Northland and regional communities.