The Central Otago District Council has granted resource consent for a section of Molyneux Estate to be changed from the intended retirement or lifestyle village concept into a conventional subdivision with 40 sections.
Developers had plans for a self-managed retirement or lifestyle village within the Alexandra subdivision of Molyneux Estate but despite heavy marketing efforts, found there was no ready market for their concept in Alexandra.
Peter Dymock appeared before the council's hearing panel last month on behalf of Molyneux Lifestyle Village Ltd and said the shared cost of roading and community facilities, which would be a part of each owner title, seemed an "insurmountable barrier" in the Alexandra retirement market.
The council granted the subdivision and land-use consents with a total of 69 conditions, 36 in relation to the subdivision and 33 in relation to the land use.
They were general conditions such as providing water connections, roads and cul de sacs, road lighting, road signs and road markings and creating footpaths.
