Pegasus town?

[Itchy feet]

Hello, I'm Itchy feet: mum to 3 year old twin girls hubby & I are planning the move to NZ.

Can I have some input about Pegasus town? Pegasus Town, North Canterbury, New Zealand: Property development, Property investment, Lifestyle property. Pegasus Bay Christchurch NZ

Manmade/manufactured monstrosity or fantastic giant playground for kids (of all ages)?

Despite my love of 'real' nature, I am very attracted to the idea of living within walking distance of all these oudoor activities. I like the Christchurch area (beaches, skiing, walking & city life), but have been told that the sea is freezing even with a wetsuit & the pegasus town lake will be warm & safe for kids.

Anyone else have any thoughts; both positive & negative gladly accepted.

Am considering buying a house & land package before prices go out of our reach.

[MotherBear]

Hi Itchy Feet and to the forum.

Sorry I don't have an knowledge of Pegasus Town , but maybe some of our members from the Christchurch area have heard of it. Sounds like they are either about to start or are still building it, so maybe it'll be a bit difficult to get views about living there, but I hope that someone may have heard of it and can give you some background information.

[Itchy feet]

It's nice to be welomed onto the forum.

Yes, its in the early stages of construction, but there will be people living there from some time next year.

I think that if we wait for construction to finish, the prices will be beyond our reach.

Thanks for your input Mother bear.

[kokopeli]

I've been past Pegasus Town a few times. It looks like a big hole in the ground at the moment as the developers are putting in the roads, drains and other services. I'm sure it will be fine, but personally, I wouldn't want to live there. My main reasons for saying that are:

1. It's between Kaiapoi and the sea - prime tsunami belt.
2. The road into Chch from the north is hectic now - it can only get worse when 5,000 people move in to Pegasus Town.
3. It reminds me of the 'new' towns like Cambourne in the UK. I wouldn't want to live there either.

I'm not saying that these reasons are entirely rational and I'm sure that the developers will do a lovely job.

[Itchy feet]

I was aware of the flood risk, but not the risk of tsunami, so that was welcome information. They are building on high sand dunes and have storm defenses in place, but I am researching their Geotech report a little more closely. Actually the whole of the NZ coast is at risk of tsunami to some degree, it seems.

I entirely agree about new towns, however since having my twins, I am now willing to sacrifice 'wildness' for safety & fun for them & a huge warm shallow lake is very appealing. We'll see...