The Laurel Hills proposal is planned for the elevated river terraces above the Shotover River, accessed by Stalker Rd, which is part of the Shotover Country subdivision.
The company's directors are Queenstown builders Wayne Foley, of Trinity Development, Fraser Mackenzie, of David Reid Homes, Shekhar Balasubramanian, of Malaysia, and Tim Allan of Christchurch.
Laurel Hills' lot sizes would range from 110sqm to 834sqm, along with a centrally-located community park and extensive pedestrian and cycle connections to the Twin Rivers trail.
Ten percent of the developable land would be given to the Queenstown Lakes Community Housing Trust to meet the affordable housing requirements of the Queenstown Lake District Council's present "lead policy" for SHAs.
In a media statement, Laurel Hills directors said they were working with the NZ Transport Agency (NZTA) to "further enhance" the public transport network servicing Shotover Country and Lake Hayes Estate.
In October 2017 the council approved - with three councillors opposed - development along the Ladies Mile under special housing area rules.
But Queenstown Lakes Mayor Jim Boult told the Otago Daily Times last October further development along the highway was "improbable" unless the NZTA could find a solution to increasing traffic congestion.
Last August the Government announced a $24million interest-free loan facility from the Housing Infrastructure Fund that could be drawn on by the council, the Otago Regional Council and the NZTA to build infrastructure enabling new housing along the Ladies Mile.
Housing Minister Phil Twyford said at the time the loan should accelerate the building of 1100 houses on the land by up to six years, and the first houses could be built by 2020.
The infrastructure would include wastewater mains, a pump station and water supply reservoir, a new roundabout on the Frankton-Ladies Mile highway, a pedestrian and cycle underpass and bus stops.
