Housing trust chairman Andrew Blair said it was looking for innovative ways to improve the "future liveability and sustainability" of the Tewa Banks development, for which a resource consent application is under way.
The trust wanted to hear from urban design, architectural and sustainability professionals, aiming to end up with energy-efficient housing resulting in a lower carbon footprint.
The review would include looking at leading design trends for comparable developments and making recommendations about possible improvements to the current urban design solutions for the development.
"This review is the first step in a process of creating leading-edge housing developments that improve the lives of the residents and benefit the local community," Mr Blair said.
"We want to provide a future-focused, sustainable development by building for the next generation.
"This review will help us become futuristic in thinking and challenge the current model and zoning."
The 3.68ha site in Jopp Street, in Arrowtown, is being assigned to the trust from the Queenstown Lakes District Council, following a council resolution in April 2019 to transfer the site to the trust for $1.
Proposals can be sent via the Government Electronic Tender Service until August 19.