Leading property developer Carrus Corporation has taken over the 2000 section residential subdivision ‘The Lakes’. Carrus will continue with the half-billion dollar development, a project that began back in 2005 before halting in February 2011. Currently, stage one has been completed with stage two expected to be completed by the end of 2012. Carrus Corporation has established 16 subdivisions in Tauranga during the last 22 years, as well as various other developments around New Zealand. Projects followed by WOR include The Lakes subdivision (J140054), a Taupo subdivision (J62497), and various other commercial developments (J62434, J37078, J106347 and J62435).

Source: News at Noon, 29 April 2012 (AL)


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