Tag Archives | housing

Ngai Tahu Property secures another 2ha at Hobsonville Pt

Ngai Tahu Property Ltd has entered into a development agreement to build over 200 homes on 2ha at Hobsonville Point, one of the last undeveloped sites in the masterplanned community at the top of the Waitemata Harbour.

The newest acquisition resulted from an expression of interest process HLC Ltd (formerly the Hobsonville Land Co Ltd) conducted late last year. Ngai Tahu Property chief executive David Kennedy said yesterday it effectively doubles the size of the Kerepeti development, which will now deliver 417 homes over a combined 4ha.

The new site will contain a mix of apartments, terraced homes & walk-up apartments.

Based on a masterplan by Isthmus Group, the homes will be delivered in 4 stages. The first stage will contain 27 2½- & 3-bedroom terraces and 9 1½- & 2-bedroom walk-ups.

Mr Kennedy said 30% of the homes would be priced in keeping with Hobsonville Point’s Axis affordable homes programme.

Ngai Tahu Property is already developing 2 sites at Hobsonville Point through a consortium with the NZ Super Fund & New Ground Capital Ltd, but Ngai Tahu Property is undertaking this project on its own. The first homes on the consortium’s 2 sites, Uku & Kerewhenua, are due for completion early next year and will be available for sale off the plan from September through Colliers.

Ngai Tahu’s 3 development sites – 2 as part of a consortium.

Mr Kennedy said most of the homes in the new development would be available for sale as they are developed but, as with the accessible philosophy for the Kerepeti development as a whole, a portion will be retained and made available as long-term rental properties to be managed by New Ground Capital.

“We are committed to delivering attractive & functional homes that are in keeping with the fantastic location. All of the sites deliver a strong, connected community that adds to and benefits from the great levels of amenity that have made Hobsonville Point one of the most desirable new places to live in Auckland.”

HLC chief executive Chris Aiken said Ngai Tahu Property had demonstrated that developers can combine quality urban design, affordable housing & sound commercial returns working in partnership with the Government-owned HLC.

Earlier story:
5 May 2017: Construction starts on Ngai Tahu subdivision at Hobsonville Pt

Attribution: Company release.

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Pt England housing development bill passes second reading

The Point England Development Enabling Bill, to turn 11.7ha of the 48ha Point England Reserve over to housing and to advance Ngati Paoa’s historical Waitangi Treaty settlement, passed its second reading in Parliament on Tuesday by 62 votes to 43.

Building & Construction Minister Nick Smith said having 18ha on the Tamaki River fenced off for cattle to graze for over 30 years was a poor use of Crown land just 10km from Auckland’s city centre: “We are going to use 12ha for new houses & 2ha for a marae, as part of a treaty settlement with Ngati Paoa. The remaining 4ha will be added to the 32ha of public reserve space.”

Dr Smith said the legislation would guarantee an increase in the accessible public space, retaining at least the same area of playing fields and committing to spending all of the Crown’s proceeds from the housing development in enhancing the local recreational facilities & environment.

Earlier stories:
19 December 2016: Bill to enable housing on Pt England Reserve passes first reading
7 December 2016: Ngati Paoa to build 300 homes on Pt England Reserve, talks continue on reserve upgrade

Attribution: Ministerial release.

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National promise of 34,000 houses/decade for Auckland may add 2000/year

The headline is what matters in an election campaign, and the headline is that National is promising that, as the government, it will build 34,000 new houses on Crown land in Auckland over the next 10 years.

New Zealand has a record of not electing governments beyond 3 terms and National is ending its third term as the majority in a coalition, which jeopardises the chances of it being in a position to carry out the promise.

Social Housing Minister Amy Adams.

Amy Adams, Social Housing Minister and Minister Responsible for Housing NZ, revealed the figure in a speech at the Property Institute in Auckland yesterday. And then she proceeded to whittle it down.

The 34,000 is made up of 13,500 new social houses & 20,600 affordable & market homes.

Under the Crown Building Project, the Government will take down 8300 old, rundown houses.

Ms Adams said Housing NZ alone had over 50 housing developments under way in Auckland. The forward programme includes other housing projects already announced & underway:

  • Northcote, where 300 state houses will be replaced by 1200 new homes
  • Hobsonville Point, where the Government-owned Hobsonville Land Co Ltd (now HLC (2017) Ltd) is about to deliver the 1000th house in a programme to deliver 4500 homes
  • Tamaki, where the government-council regeneration project has a programme to develop 7500 new homes over the next 15 years, replacing the houses on 2800 Housing NZ properties
  • Other existing projects include 2700 new homes already announced under the Crown land programme, 580 houses under the Ministry of Social Development’s social housing reform programmes, and new homes for emergency & transitional housing.

By Ms Adams’ calculation, the Government would add 24,000 new – not previously announced – houses over a decade, though on the figures above the actual total might be less, perhaps down at 20,000, or an average 2000/year.

Comparing promises

Andrew Little.

That compares with Labour leader Andrew Little’s proposal last year for 100,000 new affordable houses nationally over 10 years, half of them in Auckland, which would include partnerships with private developers.

So, on top of existing projects, Labour has promised 5000 and National 2400 extra houses/year for Auckland.

Labour also promoted a dole for apprenticeships policy which would subsidise employers to take on around 4000 young people for on-the-job training in fields including building & construction.

Phase one of National’s Auckland housing programme, which covers the next 4 years, would cost $2.23 billion and be funded through Housing NZ’s balance sheet and $1.1 billion of new borrowing that the Government has approved as part of the business case.

Phase 2 in the latter years would be funded through the market housing development part of the programme & rental returns.

Ms Adams said ministers had also agreed that Housing NZ would retain dividends & proceeds from state house transfers, to help fund the building programme.

A glance at reality

The promises come after a period of extremely high immigration – a net inflow of 228,000 nationally over the last 4 years, 108,000 of those in Auckland, requiring 40,000 homes at an average 2.7 persons/household.

Building consents in Auckland over those 4 years started low, 6500 for the March 2014 year as the country was still gradually easing out of the global financial crisis, and totalled 34,200 for the 4 years.

Assuming 100% construction of consented homes (which is not normal, but I don’t have the exact figure), Auckland fell short of housing the net migrant inflow by almost 6000 homes over those 4 years. That housing requirement ignores, completely, the net flow of people within the country.

The National proposal might fill the gap if immigration eases, but on the slim information from the minister it would encourage pricing to stay high. On my calculation in February, consents for new homes nationally (excluding land) have risen 34% in value over the last 5 years – after a slow shift from the bottom of the market, between 6-7.7%/year for the last 4 years.

The land price equation in Auckland can be partly met by intensification throughout suburbia, land prices falling because of the freer availability of sites under the new unitary plan, and section sizes being reduced.

That doesn’t require tampering with rural:urban boundaries, which Labour has said it will eliminate. Those boundaries have a role in protecting non-urban land and in directing development into more efficient parcels.

Auckland also needs more infrastructure for housing development, but it needs to be in well devised communities with a supply of jobs nearby, not on the basis of rural carpetlaying. The local job requirement is fundamental but has been ignored as Auckland has spilled out along motorway corridors.

To catch up, New Zealand needs more builders with a longer future in the trade than the typical construction cycle allows. To do that, either the Government or some other industry supporter needs to ensure trade skills are being taught to enough people before a boom gets underway, and it makes sense to reduce booms, and therefore busts, with some smoothing of economic cycles (but not the total smoothing the US tragically & farcically tried in its attempt to avoid what became the global financial crisis).

As a cyclical high recedes, the building force needs attractive alternatives other than leaving for Australia. Some of that can come through infrastructure projects, which ideally should be separated in time from highs in house & commercial construction, thus reducing cost pressures as well.

Link:
Full Adams speech, 16 May 2017: Launch of Crown Building Project

Earlier stories:
16 May 2017: Little calls for end to negative gearing, and Property Institute calls it “cynical ploy”
6 March 2017: Auckland above 10,000 home consents/year again
10 February 2017: Smith exultant about figures that are plainly inflated
19 January 2017: Building consent highs still don’t match migrant demand
11 July 2016: Little sets out 8 planks to remedy housing issues
19 November 2012: Shearer proposes Government scheme to build 100,000 “entry-level” houses over 10 years

Attribution: Ministerial speechnotes & release, Statistics NZ tables, Labour releases, own articles.

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PSA survey highlights social harm of high housing costs & congestion

57% of Auckland respondents to a Public Service Association survey have said they’d considered moving out of the city because of housing costs and 39% over commuting.

The association – New Zealand’s largest with 62,000 members, 18,000 of them in Auckland – sought members’ view in response to Auckland mayor Phil Goff’s taskforce on housing supply: “In the space of 2 hours we received close to 1500 responses and by the time the survey closed this number had grown to 2512.”

The association said of the response: “The speed of our members’ response and the heart-breaking stories they shared with us was powerful evidence that our members are deeply affected by the housing crisis. Our members also provided many suggestions for how things could be improved, ways to increase housing supply, bring down the cost of housing and improve the quality of housing.”

  • 58% of respondents in single-income households with dependents pay at least half their income in housing costs, 22% pay two-thirds or more
  • 51% of double-income households with dependents spend more than half their pay on housing costs, 24% spend two-thirds or more

Both home-owners & renters told of the budgetary stresses arising from high housing costs. In addition, renters told of the high levels of fear & anxiety associated with renting.

Many respondents reported living in housing that’s too expensive and often very poor quality: “They report having very limited choices about the housing they can afford to live in and the quality & location of the housing. Many would like to leave Auckland but can’t get jobs out of the city. Others want to be able to stay close to their children’s school or to family members, which often meant having to pay very high rent, often for sub-standard housing.

“Some older respondents reported they would like to downsize and move to other parts of Auckland but that they can’t find affordable housing to shift into, or this would lead to change in the quality of their lives.”

Some of the many points made:

  • No laws support a long-term renting culture
  • Auckland would benefit from having a mix of homeowners, long-term & short-term renters, equally respected socially and by the law
  • The council needs to take an integrated approach to planning and ensure that affordable & quality housing is available across the city, so people can afford to live near their work, schools & their communities
  • If more new housing was smaller and in a good location (with reasonable amenity and near good transport links), much of the buyer market would gravitate there instead of expensive 5-bedroom standalone houses on the peri-urban fringes
  • Members expressed frustration about the complexities & difficulties in getting permission to build a small/tiny house, or live in housing structured in ways other than traditional subdivisions – such as communal/eco housing.

Mr Goff launched his taskforce on 20 February. It comprises council & central government officials and representatives of the private sector, and its objectives are to identify barriers & constraints to building more homes in Auckland at a pace & scale which meets the demand created by population growth, and identify options and make recommendations to overcome those barriers & constraints.

Mr Goff said Auckland was growing by about 900 people/week and needed 13,000 extra houses/year, but was building only about half that number.

The taskforce will make its recommendations public in May.

Link:
21 March 2017, PSA submission to mayoral taskforce on housing supply

Attribution: PSA survey.

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Residential building slump forecast for Australia over next 3 years

The Housing Industry Association of Australia is forecasting a slump in housebuilding over the next 3 years.

In its forecast, out today, the association said there were 228,000 housing starts last year but the figure should fall to 201,000 this year and to a range between 174-180,000 over the next 3 years.

The decline would be nationwide this years and continue on the eastern seaboard in 2018, when the forecast falls are 21.7% in New South Wales, 18.2% in Victoria & 8.6% in Queensland. A further 5.7% fall is forecast for New South Wales in 2019, with real recovery nationally only starting in 2020.

The association calculated that building starts peaked at 231,000/year in the March 2016 quarter, then began easing. However, the detached housing sector had remained resilient, with 29,600 starts in the September quarter for a total 116,000 over 12 months.

The decline has been in multi-unit developments in Victoria & Queensland. That sector’s cyclical bottom is forecast for the 12 months to September 2019, with 68,400 starts.

The association will release its national & state outlook reports next Wednesday, 8 March.

Attribution: HIA release.

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Auckland still near top of Demographia’s international unaffordability table

Auckland comes in at 6th least affordable city internationally in Demographia’s 13th international survey of housing affordability in 9 countries, out today.

New Zealand markets with median multiple (last year in brackets), median price, median household income and their rankings – international affordability, major market ranking (Auckland only) and NZ ranking:

Auckland: 10.0 (9.7), $830,800, $83,000, rankings 401, 89, 8
Christchurch: 5.9 (6.1), $435,300, $73,900, 350, 5
Dunedin: 5.4 (5.2), $322,000, $59,700, 323, 2
Hamilton-Waikato: 6.2 (5.1), $444,900, $72,100, 356, 6
Napier-Hastings: 5.7 (5.0), $340,500, $59,300, 342, 3
Palmerston North-Manawatu: 4.7 (4.1), $255,800, $54,900, 275, 1
Tauranga-Western Bay of Plenty: 9.7 (8.1), $591,900, $61,200, 398, 7
Wellington: 5.8 (5.2), $463,700, $79,600, 348, 4
Median market: 5.9 (5.2)

The survey, by Wendell Cox of Demographia in the US and Hugh Pavletich of Performance Urban Planning in Christchurch, is based on data at September.

Auckland’s median multiple (median house price divided by median household income) of 10.0 put it behind Hong Kong on 18.2, Sydney 12.2, Vancouver 11.8, Santa Cruz, California 11.6, and Santa Barbara, California, 11.3. Melbourne was 10th on 9.5.

The authors said Auckland’s housing affordability had deteriorated from a median multiple of 5.9 in the first survey in 2004. Auckland was the 4th least affordable among the 92 major housing markets, following only Hong Kong, Sydney & Vancouver, and has been severely unaffordable in all 13 Demographia surveys.

Australia

Demographia has rated all of Australia’s 5 major housing markets as severely unaffordable in every one of its surveys, and did so again: “Overall, Australia’s 54 housing markets have a severely unaffordable median multiple of 5.5. 4 housing markets are affordable, 3 are moderately unaffordable, 14 are seriously unaffordable and 33 are severely unaffordable.”

International

Last year’s survey covered 367 metropolitan markets in 9 countries (Australia, Canada, China – Hong Kong, Ireland, Japan, New Zealand, Singapore, the UK & the US), and introduced the qualification of “middle-income housing affordability”. This year’s survey covers 406 metropolitan housing markets in the same countries, including 92 major markets of 1 million-plus population & 5 megacities.

The authors explained the qualification: “Middle-income housing affordability is different from low-income affordable housing, which often relies on public subsidies. Even so, low-income housing costs and the demand for social housing are generally driven up by the failure to maintain middle-income housing affordability.”

Demographia rates a median multiple of 3.0 & under as affordable, 3.1-4 moderately unaffordable, 4.1-5 seriously unaffordable, 5.1 up severely unaffordable. This median multiple is derived from median house price divided by median household income.

The Demographia survey doesn’t adjust the median multiples to reflect differences in house types, housing characteristics & lot size. For example, the average size of housing, particularly new housing, is abnormally small by New World standards in the UK & Hong Kong.

The authors wrote that, “in many housing markets, house prices have skyrocketed compared to household incomes. The most severe house price increases have been limited to housing markets where urban containment policy (or its equivalent) have been implemented.

“Generally, urban containment policy draws a development limit around the urban area and seriously limits or even prohibits greenfield development of housing tracts on the urban fringe. Consistent with the basics of economics, this is associated with higher land prices and, in consequence higher house prices….

“In effect, governments implementing urban containment policy choose pursuit of a particular urban form at the expense of a better standard of living and less poverty.”

People over places

The authors commented on what constitutes “best cities” & “most liveable cities”, international comparisons frequently made, with Auckland often one of the prime contenders.

The authors said these surveys were aimed at the high end of the market and virtually never evaluated housing affordability. “Yet, the media often mischaracterises the findings as relevant to the majority of households. In fact, a city cannot be liveable, nor can it be a best city, to households that cannot afford to live there. Households need adequate housing.”

They compared Dallas-Fort Worth, where housing affordability was far better than in Toronto, which was rated as the “best city” by the Economist: “In addition to better housing affordability, traffic congestion was better and incomes were higher. This is despite the fact that Toronto employs the most favoured urban strategies, which Dallas-Fort Worth does not.

“Another comparison shows that Kansas City has better middle-income outcomes than all of the Economist’s top 10 (for which data was available) in housing affordability & traffic congestion, and higher incomes than all but 3.”

While “excessive housing regulation has been identified as having significantly reduced economic growth in the US and inequality internationally,” the Demographia authors commented: “It has complicated the inflation-controlling role of central reserve banks.”

To keep housing affordable “requires avoiding urban planning policies associated with artificially raising house prices, specifically urban containment. Failing that, housing affordability is likely to worsen further.”

Links:
2017 survey
Demographia (Wendell Cox)
Performance Urban Planning (Hugh Pavletich)

Earlier stories:
22 January 2016: Updated: The urban boundary case, and hard versus soft edge
13 January 2016: Auckland home values rise 22.5% in year, but only 0.2% in December
11 January 2016: Urban boundary & zones under the spotlight
8 November 2015: Twyford talks ideas which unitary plan & council funding review likely to resolve
2 October 2015: Council economist lists potential housing price solutions
30 September 2015: English sets out his housing rationale
11 May 2015: Australian affordability report a 40-recommendation failure
6 May 2015: Hobsonville Pt affordable brackets raised $50-65,000
23 January 2015: Building cost research a onesided analysis
19 January 2015: Auckland worsens on Demographia’s affordability rating

Attribution: Demographia survey.

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Australian response to high housing costs

News.com.au ran a story on Friday about a Sydney building firm which has introduced a range of low-cost options for first-homebuyers designed to cut the cost of a house by over $A100,000.

Thrive Homes, a division of Rawson Group, says its houses cost $A185,000 to build, compared to $A260-300,000 for a typical standard build.

One difference is that Thrive mastered the CDC (complying development certificate) process, issued by private certifiers instead of councils, and assessed against state government rather than local council codes.

The alternative, using councils’ development application process, allows for customisation & reworking, takes about 8 weeks and ends up costing more in time & changes.

Thrive general manager Patrick Eather said Thrive offered predesigned houses, with a range of internal options that were already calculated & costed, that were generally under 220m² and designed to fit on small sections.

Ho also remarked that New South Wales should join the West & South Australian state governments in supporting low-deposit loans for first-homebuyers.

Links: Thrive Homes

News, Sydney, 13 January 2017: Low-cost builder targets first home buyers

Attribution: News Ltd.

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Fletcher Residential completes Oruarangi purchase

Fletcher Residential Ltd has completed the purchase of 33.8ha for its residential development in Oruarangi Rd, Mangere.

Image above: Map of the development showing the buffer zones & other protected areas.

General manager Ken Lotu-I’iga said yesterday the purchase last week followed Auckland Council consent approvals granted in May.

He said Fletcher Residential, a subsidiary of Fletcher Building Ltd, was pleased with the continued progress: “It is well known that Auckland needs more houses, and we believe this will be a wonderful new neighbourhood, sensitive to the surrounding area. It will also include affordable housing which so many Aucklanders so desperately need.”

The deal has been hotly contested by local residents, particularly members of SOUL (Save Our Unique Landscape), who argued that the rezoning at 545-561 Oruarangi Rd from future urban to a combination of mixed housing suburban, public open space:conservation, and green infrastructure corridor would provide housing at a far lower density than most others in the same tranche of special housing areas approved in 2014.

Fletcher Residential intends to build up to 480 homes in a mix of standalones & terrace housing, and including about 48 affordable homes.

In a list of 18 other development proposals under the housing accord, SOUL found only 4 with densities below 40 dwellings/ha, 8 with densities over 200 dwellings/ha: “The only special housing area approved by Auckland Council & the NZ Government as a low density development is special housing area 62, Oruarangi Rd, Mangere: 480 dwellings on 32ha, density 15 = low.”

The Wallace family farmed this land for over 150 years and it was zoned for future residential development in 2011. Mr Lotu-I’iga said a small part of the residential development land bordered the Stonefields Reserve, and the stonefields were an important part of the history of Aotearoa: “We applaud the Auckland Council for acquiring the stonefields and making them a reserve for all to enjoy. In keeping with this history of protection, we have set aside more than 25% of the development land to provide a buffer zone for the reserve.

“Comprehensive preparations & planning have already been undertaken to protect the culturally significant geological features of the area, including the adjacent Stonefields Reserve. Fletcher Residential has commissioned reports from archaeologists, Heritage NZ, lizard experts, engineers & others, and incorporated these recommendations into the development plans.

“The company has been working with Maori leaders who have the mandate to represent their iwi. We have walked the site with mandated representatives and used ground-penetrating radar to confirm the exact location of caves & midden. We are not building on any of these areas. We are also protecting the old farmhouse & some significant trees. We have comprehensive protocols in place for the discovery & protection of anything of significance found on site, including having an archaeologist on site.

“We believe Auckland can have both history & houses. We are committed to creating a new neighbourhood that reflects these values. While we understand there is some local opposition from people who don’t want any development at all, we believe that the redevelopment of this site has been carefully considered and provides a good outcome for Aucklanders. We will continue to discuss our plans with mandated stakeholders.”

Earlier stories:
25 May 2016: Fletcher wins approval for subdivision next to Mangere stonefields
29 January 2016: Opponents say Ihumatao alone as low-density special housing area proposal

Attribution: Company release.

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Bill to enable housing on Pt England Reserve passes first reading

The bill to enable housing development on part of the Pt England Reserve beside the Tamaki Estuary passed its first reading last week and has been referred to the Local Government & Environment Select Committee for consideration.

Public submissions close on Tuesday 31 January and the committee is expected to report back to Parliament in April.

The Government unveiled a 300-home development by the Tamaki Redevelopment Co Ltd & Ngati Paoa on 11.7ha of the 45.4ha reserve on 6 December, and was met by a chorus of the mayor, local councillor & local board calling for the proceeds to be invested in new open spaces.

Dr Nick Smith – Building & Housing Minister when he announced the proposal, now Building & Construction Minister after yesterday’s Cabinet reshuffle – said 2ha would be used for a marae, and said 18ha had been used for grazing cows. Mayor Phil Goff said the reserve was vested in Auckland Council, with an underlying Crown title. The council also administer an adjacent 2.9ha council-owned beach reserve/

The development land adjoins housing owned by the Tamaki Redevelopment Co that is due for redevelopment as part of the regeneration of the Tamaki area.

Dr Smith said after the bill passed its first reading: “This plan is about replacing the cows with homes and enhancing the balance of the reserve with improved recreational & cultural facilities. This initiative will give more families a warm, dry, affordable home, improve amenities in the area and help to resolve Ngati Paoa’s treaty settlement.

“Ngati Paoa will have the right to develop this land for housing and will pay fair market value. A further 2ha is being provided for the development of a marae as part of the cultural redress of the treaty settlement.”

He said the aim was to achieve a minimum of 20% social houses & 20% affordable houses, but the details still had to be negotiated with Ngati Paoa.

Link:
Point England Development Enabling Bill

Earlier story:
7 December 2016: Ngati Paoa to build 300 homes on Pt England Reserve, talks continue on reserve upgrade

Attribution: Parliament, bill, ministerial & council releases.

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Ngati Paoa to build 300 homes on Pt England Reserve, talks continue on reserve upgrade

The Government unveiled a 300-home development by the Tamaki Redevelopment Co Ltd & Ngati Paoa on 12ha of the Pt England Reserve yesterday, and the mayor, local councillor & local board promptly called for the proceeds to be invested in new open spaces.

Agreeing the size of the reserve on the shore of the Tamaki estuary would be a helpful start, while the Government should win the huffing & puffing battle. Building & Housing Minister Nick Smith talked about 48ha, 11.7ha going into housing, 2ha for a marae, and said 18ha was used for grazing cows. Mayor Phil Goff said almost 46ha was vested in Auckland Council, with an underlying Crown title.

The minister said proceeds would go to better recreational facilities and improving the reserve’s amenities. The argument is therefore over the quantity of amenities.

Pt England Reserve is the largest tract of public open space on the Tamaki River foreshore and provides both sportsfields & rural open space. Dr Smith said the Government intended to introduce legislation to lift the reserve status over 11.7ha and sell it to Ngati Paoa for the housing development.

Dr Smith said: “The greatest constraint to resolving Auckland’s housing challenges is finding suitable land, particularly in close proximity to the central city. The Pt England Reserve has been poorly used for decades, with 18ha of it used for grazing cows.

“This plan is about replacing the cows with homes and enhancing the balance of the reserve with improved recreational & cultural facilities. This initiative will give more families a warm, dry, affordable home, improve amenities in the area and help to resolve Ngati Paoa’s treaty settlement.

“The Pt England Development Enabling Bill that facilitates the use of the 11.7ha of the 48ha reserve for housing will be introduced to Parliament tomorrow [today]. Ngati Paoa will have the right to develop this land for housing and will pay fair market value. A further 2ha is being provided for the development of a marae as part of the cultural redress of the treaty settlement.

“The Government is committed to 100% of the proceeds of the land for housing development being reinvested in the Tamaki community. We are in discussions with the Auckland Council on the redevelopment of the reserve and a significant portion of the funds will be required for enhanced recreational facilities & improvements in the reserve’s amenities. Any balance will be reinvested in the adjacent Tamaki redevelopment.

“This Pt England development is complementary to the adjacent Tamaki regeneration project. The redevelopment of existing housing has the additional challenge of providing replacement homes in the interim, and in this way the Pt England development will help accelerate Tamaki.

“The project is very similar to that at Riccarton racecourse, where part of an under-utilised reserve is being used for housing and being enabled through special legislation. Our expectations are to achieve a minimum of 20% social houses & 20% affordable houses, but the details of the housing development are yet to be negotiated with Ngati Paoa.

“This is the ninth Crown land housing site to be announced and the sixth in Auckland. The programme is about the Government using its landholdings to help increase housing supply, and nationally we now have 1500 additional homes in the pipeline.”

Mr Goff, the Maungakiekie-Tamaki Local Board & Cllr Denise Lee called on the Government to reinvest the full proceeds of its sale in new & improved public open spaces for the local community.

Mr Goff said: “The Point England land was set aside decades ago for Aucklanders to enjoy for sport & recreation. Our strong & shared view is that all money from the sale of this land should go back into enhancing public open spaces in the area.

“Given the local population is expected to surge in the Tamaki area by 20,000 in the next 2 decades, and housing will need to intensify, it’s vital that residents still have access to outdoor spaces they can enjoy with their families.”

Mr Goff said the council & government had discussed what would be done with the proceeds of the sale, but an agreement was yet to be reached.

The council and the Tamaki Redevelopment Co are working on an open space network plan which involves redeveloping existing parks, including Pt England Reserve.

Attribution: Ministerial & mayoral releases.

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