NZ Urban Development news from the media | 10 June 2024 | Whenuapai Structure Plan Update

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Hi *|FNAME|*, Please find below Urban Development News from the media from the week of 11 June 2024.

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

Whenuapai Structure Plan Update

The Whenuapai structure plan is being updated. But what does that mean? What does a structure plan do? 

The Planning, Environment and Parks Committee has given the green light to start updating the structure plan for Whenuapai.  

Over the past few years, there have been changes in government policy, council guidance and a heightened focus on the impacts of climate change and stormwater management. These are all things that impact council plans, so council planners are now launching into bringing the 2016 Whenuapai Structure Plan up to date.  

https://ourauckland.aucklandcouncil.govt.nz/news/2024/06/whenuapai-structure-plan/


Call to buy land linked to failed Tekapō development rejected

The Mackenzie District Council has rejected a call to buy prime land in the Lake Tekapō township, after the previous owners went into liquidation last month following the collapse of a $200m tourist development.

A luxury Radisson Blu hotel, with conference and function facilities, was to have been built on the 6373m² site as well as luxury apartments and a hotel on a larger 2.5ha site fronting the lake.

When the development collapsed and the receivers, Khov Jones Ltd, instructed the properties be placed on the market, the Tekapō Community Board approached the council to consider buying three land titles on the corner of Aorangi Crescent and D’Archiac Drive.

https://www.stuff.co.nz/business/350302616/call-buy-land-linked-failed-tekapo-development-rejected

Building activity down 4 percent in March 2024 quarter

The seasonally adjusted volume of building work was $8.3 billion in the March 2024 quarter, down 4.0 percent compared with the December 2023 quarter, according to figures released by Stats NZ today.

The seasonally adjusted volume of residential building work fell 4.8 percent to $5.2 billion and non-residential building work fell 2.8 percent to $3.0 billion over the same period.

“The total volume of building work in the March 2024 quarter was the lowest quarterly volume in the past two years,” construction and property statistics manager Michael Heslop said.

Seasonally adjusted volume estimates remove the effects of price changes and typical seasonal patterns.
 

https://www.stats.govt.nz/news/building-activity-down-4-percent-in-march-2024-quarter/

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Previous news can be access here: https://www.rockhopper.co.nz/blogs/news 

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