Development and finance interests still own the majority of sections at Jack’s Point, Queenstown.
There are 604 titled sections, of which 271 are privately owned, 176 are held by Fletcher Residential, 76 Properties held by Allied-related companies and inherited from Hanover Finance, 77 properties held by entities related to the original developer, John Darby, including 52 properties in Coneburn Ridge and 4 Preserve lots, four properties owned by the Jack’s Point Housing Trust.
There are also 49 properties owned by Dunedin City Council subsidiary Delta Utilities in the Cunningham/Morrison Drive area for which title has not yet been issued; and 49 additional lots may be developed on land owned by Delta in Neighbourhood 2B, adjoining Morrison Drive (a map on the Jack’s Point web site shows these areas).
In total Jack’s Point is consented for 708 residential lots.
The development, which was begun more than five years ago, has about 120 permanent residents. There are 67 completed homes with 22 under construction and 164 homes with design approval.
The Jack’s Point Residents and Owners Association (JPROA) recently held its annual meeting.
The organisation has been vested with about $24 million worth of assets including roads, land, potable water, stormwater and waste water systems. Many of these services are under the management of Delta Utilities.
One of the issues that concerned members was the presence of NZone, which operates a skydiving operation from a grass airstrip from the neighbouring Jardine farm.
It recently applied for resource consent to establish an airport and introduce different noise standards.
The JPROA has made a submission opposing this application and engaged Richard Brabant who is a property owner at Jack’s Point and a barrister with experience in environmental law, along with acoustic experts to assist in submissions.
Other landowners including the golf course and the lodge have also made opposing submissions on the airfield. A special levy will be imposed to pay for the legal process.
The application has gone to the Environment Court and a date for a fixture is awaited.
Other services at Jack’s Point include a new restaurant where members enjoy a 10% discount.
The first resource consents for construction of a lodge high on Jack’s Point itself is expected to be issued before year end, with construction of the road and first buildings anticipated to begin in late 2013.
During the last year, the developer (John Darby) was been approached by a number of parties interested in beginning construction of commercial buildings in the village area.
“Finalising committed finance has so far proved slow and the first stage of construction in this area is more likely to be 2015–16 than in the next two years.
Growth is likely to be more “organic” and in small stages as opposed to a very large development phase,” according to a newsletter.