Expansion of the World-Class Millbrook Resort
Millbrook Resort is a world-class golf and spa resort based in Arrowtown, which opened in 1993 and has grown in popularity ever since. It is one of 14 high-end “marquee” golf courses dotted across New Zealand, and has an outstanding international reputation.
Recently, Millbrook acquired 66 hectares of adjacent farm land to enable the ongoing expansion of its award-winning golf course via the creation of an extra 9-holes of golf, and the development of 42 luxury residential dwellings along its new fairways.
We were commissioned to assess the economic costs and benefits of three development options as part of the underlying plan change process, which included developing a suite of financial models to capture the likely financial effects of each major project item. Our work was written up into a comprehensive report, which recommended a specific development option to underpin the plan change application.
The plan change was granted, and development of the additional golf holes and associated luxury dwellings is now well underway.