Courtesy of: press.co.nz
A $75 million development near Cranmer Square could become central Christchurch’s biggest apartment complex since the earthquakes.
The project, which will include 108 apartments and a 400-space car parking building, could start this year.
Developer Richard Diver’s company Countrywide Property intends to build the complex on the former Environment Canterbury (ECan) land, which it has bought for $7.5 million.
He is responsible for 10 office buildings in nearby Victoria St.
ECan put the half-hectare Kilmore St-West Chester St site up for sale after its premises were damaged, and is now rebuilding in the southern frame.
Diver said he hoped the new complex would boost the area, bringing in residents to support local businesses and providing car parking for his Victoria St tenants.
