Murdoch Dryden, who turned a derelict Glen Innes factory into a thriving home for 16 businesses, will head a syndicate charged with intensive redevelopment of statehousing land in the north of the Auckland suburb.
Housing New Zealand yesterday named the three-firm Creating Communities syndicate, made up of Arrow International, Hopper Developments and Southside Group, as its preferred partner for detailed planning to redevelop 156 properties to create at least 260 homes and revamp 40 more.
"This is a catalyst for Glen Innes to hit its potential as a cracking good location, near to town, beaches and transport links," said Mr Dryden.
"It's the beginning of 10 to 15 years of dramatic change in housing quality, which is exciting to be involved in."
Many Glen Innes homes dated back to the 1950s when expectations were lower and were designed for a life of 50 years.