News and Publications

Property News: 22 June 2015

PUSH TO INNER-CITY LIVING MAKES SENSE

Prioritising inner-city living and more small intensive developments is a step in the right direction, says Nelson property developer Kent Inglis.  Inglis, who is building six apartments on the Maitai River – five of which have already sold and one which is about to be put on the market – said a move by the Nelson City Council to focus on smaller, more central housing made sense with demand and the decreasing size of the average household. ‘‘I think intensification can at times make better use of existing infrastructure and can have other ancillary benefits, such as easing demand on roading,’’ he said.  The council’s new development contributions policy, which sets development charges and prioritises areas for development through infrastructure plans, gives incentives for the conversion of the second storey of commercial buildings to residential units in the CBD and the construction of second units on existing titles anywhere in the city.  Nelson mayor Rachel Reese said the focus was about future thinking and addressing demand.  By waiving the $11,790 development charge for 30 residential units in the city centre and reducing the charge for the construction of second dwellings of one or two bedrooms, the council was showing it wanted to support development, Reese said.  The $11,790 charge is to mitigate development effects on the city’s roads, solid waste, sewerage, water supply, stormwater and flood protection services.

(The Nelson Mail Tuesday, June 16, 2015)

CITY COUNCIL VOTES TO JOIN HOUSING ACCORD

The Nelson City Council has entered a government scheme designed to get more affordable homes built in Nelson over the next three years, despite the scheme aiming to get fewer houses built than already planned for by the council.  At the latest council meeting councillors voted eleven to two to enter the accord under the Housing Accord and Special Housing Areas Act with Building and Housing Minister Nick Smith, who was present at the meeting.

(The Nelson Mail Tuesday, June 16, 2015)

LIMITS ON WATER USE LOOM FOR SOME

Waimea Plains water users who do not buy into the proposed Waimea Community Dam could be banned from taking water for about a month each year under draft changes to the Tasman Resource Management Plan.  But the cost of buying a share in the dam will not be known until the project’s full cost is established – and that cannot be tallied until after it is built.  Waimea Community Dam Ltd chairman Murray King said that at this stage the share price would probably be based on land area, and he was confident the dam’s final price would not run over the $83 million estimated by the Tasman District Council.  ‘‘Our objective is to make the finished price as low as possible because we want all Waimea water users to be shareholders.  ‘‘But one of the problems is knowing exactly how much the dam will cost, and until we know that we do not know how much irrigators have to pay.’’

(The Nelson Mail Wednesday, June 17, 2015)

GREEN LIGHT ON SCHOOL CULTURE CENTRE

Motueka High School will soon break ground on its ambitious $1.2 million Cultural Education Centre after securing $425,000 from the Lottery Community Facilities Committee.  Principal Scott Haines got the good news via an email on Wednesday, bringing the total raised to $929,000.  The planned 190-square-metre building will include a main teaching space of 123sqm, a commercial kitchen for catering events and toilets and showers. Building is due to begin in September for a completion date of April 1, 2016.  The project has attracted significant funding from Wakatu Incorporation and Ngati Rarua Atiawa Iwi Trust (NRAIT), as well as from the Canterbury Community Trust, ITM, NBS and the school’s board of trustees.

(The Nelson Mail Thursday, June 18, 2015)

DAIRYING SWALLOWING NEW ZEALAND FORESTS

New Zealand’s wood industry offers a solution to the dairying’s carbon emission problem, but is being hurt by dairying’s expansion, a Nelson function has heard.  Wood Processors and Manufacturers Association board chairman Brian Stanley told about 40 industry and community representatives at Trailways Hotel on Wednesday night that the dairying boom was eating into forest blocks and threatening the security of the wood supply.  ‘‘In the central North Island we’ve lost 100,000 hectares of forest land in the last few years to dairy farming.  ‘‘It’s not a wall of wood any more, it’s a hedge,’’ he said.  Wood processing and manufacturing is New Zealand’s third-largest export sector at $2.5 billion a year and if log exports are added it’s almost on a par with second-placed meat exports.  Nationally the industry produces 70 per cent of its energy needs by burning waste wood, saving $1.1 billion annually, and Landcare has estimated a $12 billion ‘‘environmental value’’ of forests made up of components such erosion control, nutrient recycling and soil formation.  The sector sees itself as the answer to dairying’s need to offset carbon production and as a solution to climate change.

(The Nelson Mail Friday, June 19, 2015)

CITY APARTMENTS READY FOR BUSINESS

There is the strong smell of paint and an issue with a television covering up an internet port but come Monday, the newly finished Quest serviced apartments on Collingwood St will be open for business. The construction of the five storey building was completed on Thursday, with the first guests booked in for June 26.  Davidson said Quest had long been looking to Nelson for a property when a group of local investors developed the Collingwood St site for about $5 million. Quest has leased the property for 25 years.  Rooms ranged from about $115 for a studio to $335 for a two bedroom apartment.  Each serviced apartment has a fully equipped kitchenette, private laundry with living and dining areas. Other amenities include Quest’s pantry shopping service, high-speed internet access, charge back facilities with local restaurants, valet dry cleaning and onsite car parking.

(The Nelson Mail Saturday, June 20, 2015)

ONWARDS AND UPWARDS

The Suter Redevelopment is starting to grow upwards. Wall panels for the western side of the building have been put into place and steel columns can be seen sprouting between what will be the gallery’s new foyer and the Suter Cafe on the edge of the pond in Queen’s Gardens.

(The Nelson Mail Saturday, June 20, 2015)

"THOUGHT FOR THE WEEK"


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