Tauranga City Council has adopted a private plan change which will see rural land in Tauriko rezoned to industrial in order to meet requirements for future industrial growth.
Private Plan Change 35 extends the Tauriko Business Estate by rezoning land south of the existing business estate that was previously within the Western Bay of Plenty District Council boundary.
The area included under Private Plan Change 35 covers approximately 133ha of which 108ha will be rezoned industrial, helping to meet the predicted 320ha industrial land demand that’s needed in Tauranga over the next 30 years.
Tauranga Mayor Mahé Drysdale said as a growing city, it’s vital for Tauranga to have industrial land available.
“We know additional industrial land is needed in Tauranga and it makes sense to expand in this growth area which will offer space for businesses to thrive and drive the economy.”
With up to 4,000 new homes planned for Tauriko West, development within the new industrial zone is aimed at creating employment opportunities close to where people live.
The plan change was promoted by developer Element IMF, which is also the majority land owner within the expansion area.
Element IMF Director Bryce Donne said the rezoning is an important step in supporting future industrial business growth in Tauranga.
“The existing zoned industrial land in Tauriko and more broadly on the north-western side of the city is very close to capacity. Tauranga is home to some great businesses, providing rewarding employment opportunities to locals and contributing to the economic well-being of both the regional and national economy.”
“It is exciting to be able to build on the existing success of the region through providing land opportunities to support both local growth and national relocations.”
Development of the new industrial zone will be staged over 10 years with triggers relating to infrastructure delivery in the wider Tauriko West area including upgrades on State Highway 29 and wastewater capacity upgrades.
4 comments
The Master
Posted on 17-09-2024 12:33 | By Ian Stevenson
That land has been there for decades awaiting the pleasure of the few developers in the game to sell off the existing holdings... that was necessary to keep the supply of sections low so as the prices stayed high and unaffordable to most, unavailable to most...
Be that Commercial or residential, it is of course important to developers to have total control of the supply of developed land to the market place. The result, maximum profits.
The Master
Posted on 17-09-2024 12:40 | By Ian Stevenson
Lets not forget that Tauranga ratepayers provide massive subsidies (highest in NZ) to ensure that the developers can maximise the profits made each and every year, on a residential house Building Consent application TCC demands a developer subsidy (what they call BIF's) of around $30k/house. A SIF is of course what developers pay and that is reduced by what homeowners pay = developer subsidy.
The big debate
Posted on 17-09-2024 13:00 | By david mends
When is TCC and the WBOPDC going to become one entity ? the WBOPDC is already in TCC's back pocket
Thiefs
Posted on 17-09-2024 18:28 | By Jacinda Ardern
How about unlocking some land for housing... Ie the minden area which apparently has a hold from nzta due to dangerous road intersections
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