RCL’s 63ha development site at Homestead Bay in Queenstown. PHOTO: SUPPLIEDDevelopers of the $730million Homestead Bay housing proposal — approved yesterday — are not wasting any time in getting started, staging an open day at the site tomorrow. The boost in housing numbers in Queenstown is expected to be followed by another housing development in the resort, set to be announced in coming days. The Homestead Bay development is for 1438 standard residential lots, 22 medium-density superlots allowing for 203 future residential units and 14 high-density superlots allowing for 890 future residential units. Queenstown Lakes District Mayor John Glover said it was the first of seven fast-track consenting housing decisions around Queenstown which was part of the fast-track process.

Source: Otago Daily Times February 19, 2026 17:22 UTC