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Duke & Cooke Property News |
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Published on: 13th October 2009 PARK HAS $50B IN MINERALS PARK HAS $50B IN MINERALSAt least $50 billion in minerals lies beneath Nelson’s Kahurangi National Park, papers prepared for the Government reveal. The Government faces opposition to mining national parks as it does a stocktake of New Zealand’s mineral potential. Forest & Bird Nelson-Tasman chairwoman Helen Campbell said today $50b of mineral deposits had been taken into account when the national park was designated. ‘‘ So what’s changed? How poor are we that mineral values now overtake our conservation values?’’ she asked. The $50b assessment, which includes zinc, copper, nickel and tungsten, is in papers prepared by the Ministry of Economic Development for Energy and Resources Minister Gerry Brownlee and Conservation Minister Tim Groser. Environment Minister and Nelson MP Nick Smith said today mining in national parks was very unlikely except in Paparoa, where there was no impact from underground mining. (The Nelson Mail, Monday 5 October 2009) HOARDER OF JUNK HIT FOR CLEAN-UPCambria St beneficiary Jeffrey Gill, who has been at the centre of a long-running dispute over the rubbish-strewn state of his central Nelson property, has been ordered to pay the city council $ 10,180 in costs for a major clean-up of the site earlier this year. The council applied for costs against Mr Gill after earlier this year gaining permission from the Environment Court to step in and clean up his property. Truckloads of junk were carted away by Nelmac staff in May, after Mr Gill failed to meet an Environment Court-ordered deadline to clean up the property by the end of January. (The Nelson Mail, Tuesday 6 October 2009) MCCASHIN'S FACES BATTLEThe family hoping to resume a brewing operation at its plant in Stoke has a fight on its hands, after a senior city council planner’s recommendation that resource consents should be declined. A commissioner hearing is due to start tomorrow on the application to the Nelson City Council by McCashin’s Brewery for resource consents to re-establish manufacturing of alcoholic and non-alcoholic beverages, hold tours of the plant and associated social functions, and to package and bottle beverages on site. A discharge-to-air consent is also sought to use an existing coal-fired boiler, and a water-take consent from an existing bore is sought. (The Nelson Mail, Tuesday 6 October 2009) ARCHITECTS PLAN $28M ARTS CENTRENelson architectural firm Jerram Tocker and Barron is working in partnership with Wellington firm Warren and Mahoney on a concept for the proposed $28 million performing arts centre in Nelson. Nelson City Council technical services senior executive Alec Louverdis said commissioning the concept was in tandem with an economic study that the council had instructed staff to prepare, and which was being completed by Business and Economic Research Limited (Berl) to assess the potential economic benefits from a performing arts and conference centre. (The Nelson Mail, Tuesday 6 October 2009) FORMER TERMINAL IS BIG SPACE FOR LITTLE AIRLINEAfter years of sitting empty, the former Origin Pacific terminal at Nelson Airport is again being used by an airline. Air2there, a regional airline based at Paraparaumu Airport just north of Wellington, has been flying into Nelson for the past five years. During this time it has shared space in the main Nelson Airport terminal with Sounds Air and the former Flight Corporation. But Air2there chief executive Richard Baldwin said the company had grown and suddenly realised there was spare space available in the former Origin Pacific building, now owned by Helicopters NZ. (The Nelson Mail, Tuesday 6 October 2009) CLUB TO SELL UP TO STAY AFLOATNelson's struggling Maitai Club is to sell its building in Kinzett Tce in a bid to survive and repay debt. President Peter Fisher confirmed the building, which had a 2005 rateable value of $1 million, would go on the market in the next few days. Members of the club agreed to sell the building at a special general meeting last week. Mr Fisher said the club was hoping to find a buyer it could lease the building back from, which would allow operations to continue in what the club considered a prime location. The land at the bottom of Trafalgar St and overlooking the Nelson Marina is owned by the Nelson City Council. A covenant on the land restricts its use to recreation, and the council must approve who can hold the lease. Nelson City Council chief executive Keith Marshall said the council had no interest in buying the building, and whoever bought it would need to get council approval first, because of the lease arrangement. The Maitai Club is an incorporated society made up of the City Club, the Nelson Region Pool Association and the Maitai Bowling Club. (The Nelson Mail, Wednesday 7 October 2009) 'FRIENDS' FIGHT FOR REST HOMEA proposal to save Collingwood’s Joan Whiting Rest Home from closure by extending it to create at least four extra rooms, has been put to the home’s board of trustees by a group of supporters and businesspeople called Friends of The Joan Whiting. Group spokeswoman Liza Eastman said the Friends had to be proactive and look at all the options because the 17-bed home was under the ‘‘threat of the guillotine’’ by the Nelson Marlborough District Health Board, which pays a monthly $11,000 subsidy. The health board had agreed to continue funding the home until December 31 but has still not given any indication to trustees whether funds will be forthcoming in 2010. Mrs Eastman said the community would be asked for its support for the project. (The Nelson Mail, Wednesday 7 October 2009) MINING PROPOSAL NETS OPPOSITIONMurchison mining company TGG Mining has applied for resource consents to mine 11.9 hectares on two low river terraces on the right bank of the Matakitaki River for gold. The application has attracted three submissions, two of which oppose granting the resource consent. Tasman District Council staff are recommending the land use and water permit consents be granted, with conditions, and a resource consent to hear the application is planned for October 19 in Murchison. Elwyn Pawson, whose house is 50 metres away from the closest part of the site to be mined, opposes the consent. (The Nelson Mail, Wednesday 7 October 2009) CONSENTS VITAL FOR BREWERY SCHEMESignificant investment by the McCashin family was at stake as it sought a range of resource consents to enable it to re-start its Stoke brewery, a commissioner hearing in Nelson was told yesterday. The family was prepared to spend up to about $250,000 more on a two-stage upgrade of the site’s coal-fired boiler to meet tighter air-quality controls, family spokeswoman Emma McCashin told commissioners, resource management consultants John Iseli from Christchurch and Rachel Reese of Nelson. McCashin’s Brewery applied to the Nelson City Council for a suite of resource consents in July in relation to its plans to re-start brewing and bottling of alcoholic and non-alcoholic beverages at the existing plant in Stoke. The site bought by Terry and Bev McCashin in 1980 had been the Rochdale Cider plant since 1941. The McCashins began brewing beer in 1981 and in 1999 Lion Nathan bought the brewing rights to the Mac’s brands. Operations ceased in August last year, and in April this year the McCashins’ son Dean and his wife Emma moved to Nelson from Christchurch to take on the brewery. They have leased the site with Dean McCashin’s brothers and sisters. The commissioners would release a written decision. (The Nelson Mail, Thursday 8 October 2009) CENTRE COULD BE $1M-A-YEAR-BOOSTA performing arts centre in Nelson could boost the local economy by $1.1 million a year following an initial boost of $8.4m in gross domestic product from the construction programme, a report on the economic benefits to the region says. Complex number-crunching by Business and Economic Research Limited ( Berl) has revealed a performing arts centre in Nelson would increase the national and international profile of the Nelson region, but it could not expand into the large conference market without a ‘‘significant increase in quality hotel accommodation’’ of at least 150 rooms. Conferences currently generate around $4.15m in annual revenue for the region, which has some of the lowest convention activity in the country due to the lack of capacity. The ongoing economic benefit of additional large conferences has been assessed as contributing an extra $1.3m a year to the economy in gross domestic product. City council chief executive Keith Marshall told The Nelson Mail yesterday that potential complications around timing of the land purchase had been eased by extending the deadline. The land deal was originally to have been signed by now, but if the council decided not to go ahead, then the site purchase would not take place. The council now wants a final decision about whether or not to go ahead with the project before Christmas. Key Points - Construction of a $28 million performing arts centre would create 150 fulltime jobs and generate $8.4m in GDP. - Upstream and downstream, the construction programme would create 230 fulltime jobs and generate $15m in GDP. - A functioning 1000 to 1200-seat centre could add up to $1.1m a year in GDP and create 24 jobs. - An 800 to 850-seat conference centre recommended. - Hotel accommodation of a further 150 rooms absolute minimum to make the region attractive to larger conferences. - Construction of centre and hotel facilities would employ 495 people fulltime during construction and generate 32m in GDP. - Ongoing economic benefit of additional large conferences would be 31 fulltime jobs and $1.3m in GDP. Site Purchase - July 2008 council announces it will pay $4.2 million for a 3662sq m site next to the Rutherford Hotel for the planned performing arts centre. - Agreement made with Rutherford Hotel Holdings. The parties intend to build a conference centre and performing arts centre. - Council provides a $5m in the 2009-10 budget to cover site purchase, project management, finalising an agreement with a partner and starting detailed design work and costings. - Settlement deadline for land purchase July 14, 2009. - June 2009 council announces it is no longer seeking a public-private partnership to develop the multimillion-dollar venue. - October 2009 land purchase deadline extended. In the event the project does not go ahead, site purchase will not take place. - Public consultation due to start October 23 and end November 20. Hearings scheduled for early December. - Final decision December 10. (The Nelson Mail, Saturday 10 October 2009) PROPERTY WATCHStoke Post Shop moving New Zealand Post has leased the former Channel X store in Stoke and plans to shift its Stoke Post Shop there early next year. Regional manager Peter Jamieson said New Zealand Post’s existing premises on Main Rd Stoke were old and no longer appropriate for delivering the expanded range of services, including Kiwibank, now on offer. ‘‘We’re trying to create a much more customer-focused and family-friendly environment. I’m just really excited we’ve got this opportunity to have an up-to-date property.’’ Mr Jamieson was unsure what would happen to the existing Post Shop building, which New Zealand Post owns. The Channel X store closed in September. A company spokeswoman in Christchurch said the store closed mainly because the lease was up for renewal and it wasn’t able to negotiate a new agreement. Noodle chain joins development Another national eatery chain, Noodle Canteen, is planning to open in the development taking place on the former Railway Hotel site in Richmond. Strategic Property Group director Granville Dunstan said the takeaway chain, which had 30 to 40 outlets, had signed an eightyear lease on the site, alongside McDonald’s Family Restaurants and Robbie’s Bar and Bistro, which have signed 20-year leases. The first building, housing Robbie’s, is expected to be complete by mid-December, and the McDonald’s is due for completion in January. A remaining 300 square metres are still available for lease, providing for one, two or three additional tenants. Further mortgagee sales Nelson city hasn’t suffered a large number of mortgagee sales in the past year, but there have been two within the past month. One was a four-bedroom home on leasehold land at 66 Weka St, which was auctioned through Summit last Wednesday. Marketing agent Carolyn Smith referred The Nelson Mail’s inquiries to Summit general manager Vaughan Borcovsky, who could not be reached for comment. Meanwhile, First National agent Steve Claxton will hold a mortgagee auction for a three-bedroom home at 167 Vanguard St on October 19. He expects there to be ‘‘quite a large rise’’ in mortgagee sales in the coming months. Lots of people were on mortgage holidays and ‘‘basically only a breath away from the bank’’, he said. More changes at the mall Monday marks another milestone in Richmond Mall’s latest redevelopment. Manager David Hill said its new parent room, state-of-the-art toilet block, centre office and meeting room would be opened, and fitouts were due to start on a new Pascoe’s jewellery store and the Hannah’s shoe shop, which is currently in temporary premises. ‘‘The current redevelopment and additions to the mall will future-proof the site for further development next year. This development may include a decked car park building and additional retail space, including an upgrade of the food-court area.’’ New Italian restaurant A new Italian restaurant called When in Rome is opening in the former Material Effects store in Hardy St, Nelson, on Monday. The restaurant is owned by Arko Biswas and Luciano Amaral. Mr Biswas said they realised there wasn’t any other Italian restaurant in Nelson, and wanted to create somewhere ‘‘not too fancy’’, serving a good range of pasta, pizzas and salads. It will be open seven days a week from 11am until late. (The Nelson Mail, Saturday 10 October 2009) DID YOU KNOW?Our independent valuations can be used for staged development valuations and progress certificates. THOUGHT FOR THE WEEKIs there another word for synonym? |
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