The Lakeview Te Taumata site yesterday. The developer of Queens-town’s massive Lakeview Te Taumata project is not worried about construction costs escalating due to the Middle East conflict. The potential for cost increases was ‘‘certainly something we’re conscious of’’, but it is still too early to say. Rzechta says the site has been fenced off and temporary buildings trucked in since the sod-turning ceremony a month ago. Subject to the first building consent being approved, piling work for the three buildings’ foundations is expected to start in July, he says.

Source: Otago Daily Times March 14, 2026 09:49 UTC