News and Publications

Property News: 1 April 2019

New mall needs space

Plans for Nelson’s first indoor mall would involve a developer buying part of an inner-city carpark.

Cephas Property group has asked the Nelson City Council if it would sell it 2425 square metres of Wakatu Square to build a mall.

The company, which is associated with the Richmond Mall, has indicated that Farmers could be an anchor tenant. The mall could also have a small food court.

The proposal would result in the demolition of the earthquake vulnerable former Hunting and Fishing building, with that space being used for parking.

A staff report presented at a council meeting on Wednesday says the development would ‘‘provide retail, food and office accommodation supported by an anchor tenant as well as other new local and nationally branded food and beverage operations’’.

Last year Cephas Property bought numbers 31 to 55 Bridge St, Nelson, and more of the building at 126 Trafalgar St. Wakatu Square sits in the space between the two buildings.

The new mall would take up car parking space in the southeast corner of the square. A new parking area would be created on the former Hunting and Fishing building site. The same number of parking spaces would be maintained in the carpark as a minimum.

On Wednesday, councillors quizzed Cephas Property CEO Steve Baigent about the development, which would affect parking, bus services and other utilities.

The staff report says the council would be responsible for the cost and creation of new car parking. The demolition of the former Hunting and Fishing building, where Community Art Works is now based, would cost up to $172,000. Re-levelling and realigning the carpark to prevent flooding would cost up to $839,000.

There would be other costs around stormwater drains and drainage, the report says. These costs would be met by the sale proceeds.

The proposal is available on the council’s website and at customer service centre and libraries, with members of the public invited to make submissions.

Consultations will close on May 2, with hearings on May 15 and deliberations in early June.

(The Nelson Mail, Friday 29 March 2019)

Bike park transfer 'on track'

A world-renowned mountainbike park near Nelson is yet to be handed over to the Crown, as the arrangements for its future management are taking longer than expected.

Secretive American billionaire Ken Dart bought the land in the Wairoa Gorge near Brightwater through company RHL Holdings, and spent $19 million developing the site into a mountainbike park with 70 kilometres of hand-built trails.

It was announced in October that Dart planned to donate the 860-hectare park to the Crown by the end of the year. However, this is still to happen.

RHL director Paul Dorrance said it was working with the Nelson Mountain Bike Club (NMTBC) and the Department of Conservation (DOC) on the transfer of the gorge land, and the original timeframe was possibly ‘‘ambitious’’.

Club secretary Paul Jennings said the transfer process was ‘‘a bit more involved’’ than originally realised.

DOC acting northern South Island operations director Jo Gould said it was finalising arrangements with RHL and NMTBC over the operation and maintenance of the bike park and the management of the surrounding land, and the process was taking longer than expected.

(The Nelson Mail, Friday 29 March 2019)

Council backs housing proposal

The majority of Nelson city councillors have thrown their weight behind a proposal to sell 142 community houses.

The potential sale was discussed at a Nelson City Council meeting on Wednesday, as one of the features of the 2019/20 Annual Plan Consultation Document. Nelson Mayor Rachel Reese said the objective of the proposal was focused on meeting the growing demands for more social housing.

The proposal states that the current portfolio will be sold to another community housing organisation (including, among others, Housing New Zealand or the Nelson Tasman Housing Trust), with the current tenants retained.

The money made from the sale would allow council to re-invest in further social housing projects, although as a partner rather than an owner or landlord.

(The Nelson Mail, Friday 29 March 2019)

Waimea Water makes dam delivery pledges

Work has started to improve the access road for the Waimea dam, which will be delivered to meet quality, time and cost expectations, Tasman district councillors have been told.

The dam, to be built in the Lee Valley near Brightwater, is scheduled to be commissioned by February 2022.

Waimea Water Ltd (WWL) is a joint venture partnership between Tasman District Council and Waimea Irrigators Ltd. Its role is to manage the construction, operation and maintenance of the dam, governed by a board of seven directors.

Councillors yesterday voted to receive Waimea Water’s draft statement of intent 2019-20, which covers the period from company incorporation on November 27 to June 30, 2020. The councillors also agreed that it met the shareholders’ expectations.

In an accompanying report, council corporate services manager Mike Drummond says that as a shareholder, Waimea Irrigators Ltd had also reviewed the statement of intent and confirmed it was ‘‘satisfied with it’’.

Set to be about 53 metres high, 220m long and 6m wide at the crest, and constructed of approximately 430,000 cubic metres of rock, the physical dam is to be completed by October 2021, followed by the filling of the reservoir and the final commissioning by February 2022.

Waimea Water is due to provide a six-monthly presentation to the council at its meeting scheduled for June 20.

‘‘This will cover financial, administration and project activity and will provide an opportunity to cover off any issues arising with the construction project not identified at the time this [statement of intent] has been produced,’’ Drummond says in his report.

(The Nelson Mail, Friday 29 March 2019)

'Boutique' mall plan defended

A ‘‘boutique’’ mall in the works for Nelson would look ‘‘completely different’’ to Richmond Mall, says its developer.

Cephas Property group has asked the Nelson City Council to sell it 2425 square metres of Wakatu Square to build a mall.

The company, which helped to develop Richmond Mall, bought property on Bridge and Trafalgar streets last year, and the carpark space would become part of a covered shopping precinct.

Cephas managing director Steve Baigent said about half the development would use existing retail and office space, and would be a third the size of Richmond Mall.

The smaller nature of the mall would lend itself to boutique shops, which would start at 10 square metres, he said. Farmers could become the anchor tenant.

‘‘The look would be completely different to Richmond, with multistorey buildings, laneways with high roofs, and lots of glazing connecting the precinct to the city, and a wider mix of large and small shops. The laneways will not be as wide as those often seen in malls, to provide an intimacy appropriate to the city.’’

(The Nelson Mail, Saturday 30 March 2019)

Charges for Nelson landfill set to increase

Landfill charges are piling up in Nelson, with initiatives such as the Emissions Trading Scheme forcing prices higher.

Proposed fees and charges for the York Valley regional landfill facility are increasing by $22 per tonne for the 2019/20 year. They are part of the Nelson City Council’s 2019-20 Annual Plan, which is now open for public consultation.

In 2018 the charges were set at $141 per tonne, and this year’s charges are proposed at $163 per tonne (both including GST).

The planned increases have been brought about by several factors, including higher volumes, the stockpiling of materials for recycling, and increased costs related to the Emissions Trading Scheme (ETS).

(The Nelson Mail, Saturday 30 March 2019)

Thought for the Week

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