NZ Urban Development news from the media | 4 Feb | Transport infrastructure upgrades to get NZ moving and prepared for the future

Posted on 30 Mar 13:09
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Hi *|FNAME|*, Please find below Urban Development News from the media from the week of 4 February 2020.

Provided by Rockhopper Development Advisory


Transport infrastructure upgrades to get NZ moving and prepared for the future

  • $6.8 billion for transport infrastructure in our six main growth areas - Auckland, Waikato, Bay of Plenty, Wellington, Canterbury and Queenstown.
  • $1.1 billion for rail.
  • $2.2 billion for new roads in Auckland.

The Government’s programme of new investments in roads and rail will help future proof the economy, get our cities moving, and make our roads safer.

Transport Minister Phil Twyford says these important projects will speed up travel times, ease congestion and make our roads safer by taking trucks off them and moving more freight to rail.

https://www.beehive.govt.nz/release/transport-infrastructure-upgrades-get-nz-moving-and-prepared-future

Plan for Pukekohe revealed

Panuku launched Kia Puāwai a Pukekohe - the overarching plan for urban regeneration for Pukekohe.

This plan outlines a vision shared with local communities, business groups and mana whenua, to deliver urban prosperity so that the town centre is competitive, safe, walkable and vibrant, with better access to employment, education and healthcare.
 

https://www.panuku.co.nz/news-and-blogs/plan-for-pukekohe-revealed

Paetutu iwi partnership development boosts housing stock in Wellington region

Wellington's housing stock will see a boost following a rapid sale of land by Wellington iwi to a private developer.

Fifty-six two and three-bedroom terraced homes have been built following a partnership deal between iwi and The Wellington Company – a residential and urban development organisation under the guidance of Ian Cassels.

The site in Petone, Lower Hutt called Paetutu, was offered to Taranaki Whānui under its right of refusal as part of its Treaty of Waitangi Settlement, a group of iwi that settled in the Wellington region in the 1830s. The Jackson St area was blessed on Thursday morning, with the first residents set to move in soon. 

https://www.stuff.co.nz/business/property/119138887/paetutu-iwi-partnership-development-boosts-housing-stock-in-wellington-region


$15.9m shortfall forecast for Takapuna's Sargeson apartment developer

The company behind the high-profile Takapuna apartments on The Block site is forecast to have a financial shortfall of $15.9 million, even though all 92 units at the new project have been sold.

https://www.nzherald.co.nz/property/news/article.cfm?c_id=8&objectid=12305546

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