NZ Urban Development News - 23 July


Hi *|FNAME|*, Please find below Urban Development News from the media from the week of 24 July 2018.

Takapuna Town Square Location Options

As a part of a push toward urban regeneration, Panuku Development is proposing to build a new town square at 40 Anzac Street, which is currently a car park. This would add around 3000sqm of public space for the community. The car parks currently on the site will be moved to the new Gasometer car park facility just 200m away. Council will own the square, but will partner with the private sector to deliver homes, shops, eateries and offices on the site.

Panuku Development have come up with two options for the position of the square on the site.

  • Option one covers a portion of the site stretching from Lake Road to Hurstmere Road.

  • Option two sits in the middle of the site, adjacent to Potters Park.

  • There is a third option, which would be to not undertake any development, and leave the site as car parking.

You can have your say from 23 July to 10 August 2018.

Manawatū District Council selling off prime land near Manfeild

More than 30,000 square metres of land next to Manfeild Park, near the entrance of Feilding, has been put up for sale.

Manawatū District Council bought the land in 2011 from Manfeild, but put it on the market in July.

It consists of two blocks – one on South St, the other on Kawakawa Rd – consisting of 30,550sqm of land in total.

Auckland Council quarterly monitoring report for the National Policy Statement on Urban Development Capacity. June 2018

This report provides an overview of Auckland’s housing market using a selection of indicators. It is designed to meet the government’s National Policy Statement on Urban Development Capacity 2016 (NPS-UDC) monitoring requirements that require local authorities to be well informed about urban development activity and outcomes. This is achieved through the use of indicators on house prices, housing affordability and housing development. The report also includes information on business land and floorspace.

The housing and business indicators must be considered within the context of Auckland’s housing market and national economic factors. New Zealand continues to experience strong population growth, particularly due to record numbers of immigrants, many of whom settle in Auckland. Nationally, unemployment is low, around five per cent. Mortgage rates remain low despite a recent increase in floating and two-year fixed rates, however, access to capital for housing construction and purchasing is tightening. Demand for housing is high, which is reflected in large sales volumes and increased average sales prices.

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