Winton Land (ASX:WTN) said it secured approval, subject to conditions, for the Sunfield masterplanned community under the Fast-track Approvals Act of 2024, according to a Tuesday New Zealand bourse filing.
The company said the consent allows development of 3,854 homes, including individual homes and three retirement villages with independent living units, as well as a 47-hectare industrial business park.
The approval also includes a 19.4-hectare parcel of land for a section of Mill Road stage two, among other consents, the filing added.