NZ Urban Development news from the media | 23 November 2021 | Auckland Transport Eastern Busway Community engagement


Hi *|FNAME|*, Please find below Urban Development News from the media from the week of 23 November 2021.

Provided by Rockhopper Development Management & Advisory, a member of:                             

Auckland Transport Eastern Busway Community engagement

The Eastern Busway will connect Botany, Pakuranga and the surrounding suburbs to the rail network in Panmure.

When the busway is complete, you’ll be able to travel by bus and train between Botany and Britomart in 40 minutes, which is 20 minutes quicker than now.

The busway will be supported by Panmure Station, new stations at Pakuranga and Botany with 3 interim stations, cycling and walking connections, urban design enhancements, revitalised town centres, and initiatives to improve traffic flow.

The Reeves Road flyover between Pakuranga Road and Waipuna Bridge will reduce traffic congestion in the Pakuranga town centre and improve journey time and reliability.

Consultation on the Pakuranga to Botany section of the project is taking place in November and December 2021, first with landowners and then with the broader community.

Kiwi Property Group pushes up interim net profit 164 per cent

Kiwi Property Group declared a $143.2m half-year net profit after tax.

This figure was up 164 per cent up on the prior period and was boosted by a $93.6m lift in property revaluations.

The listed company with a market cap of $1.7 billion also reported that it gave tenants $7.4m in rent relief.

Operating profit before tax rose 8 per cent to $62.5m, driven by an increase in net rental income, which grew 11.5 per cent to $94.0m

New housing boost for Henderson

An exciting new housing development is rising in Henderson. Known as Henderson Green, 38 high-quality townhouses have already been constructed, and will soon be joined by three apartment buildings containing 78 apartments.

Located within easy walking distance of multiple schools, fast and frequent public transport connections, parks, eateries, shops and everything else the town centre has to offer, the new houses in Henderson Green will empower residents to live a low-carbon lifestyle.

Working alongside our development partner Brilliant Stone, Eke Panuku has turned unused council land into a mix of housing to provide much needed new homes for people, close to key local destinations. These new homes are part of our ongoing mission to regenerate Henderson into a flourishing eco-centre where sustainability is embraced and harnessed as part of daily life.

Proposed multi-storey development to cement Hamilton's 'coming of age'

City leaders have put out a call to developers to help transform a prime inner-city site.

Hamilton City Council wants to partner with private developers to build a multi-storey development next to the Victoria on the River park.

A formal expressions of interest document was issued by the council on Friday and details its aspiration for a mix-used development featuring hospitality, commercial and retail space, as well as residential apartments.

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