Property News – 26 October 2023

$6m boost for Port Tarakohe

The first phase of the development for Port Tarakohe has been given a boost with the Government granting a concessionary loan in a funding agreement with Tasman District Council. The $6 million loan made possible through Kanoa, the provincial development investment group within MBIE (Ministry of Business, Innovation and Employment), is to be used in addition to the $6.7m the council has identified to invest in the 2024-25 year. The funding will be used for the development of the sheet pile wharf, “enhancing and enlarging commercial marina capabilities” and providing greater service amenities to support the growth of Golden Bay’s aquaculture industry. This is a fundamental step in the Nelson Regional Development Agency-led Moananui Strategy to realise the district’s place in the national blue economy. The funding will also be used to develop a ‘resilience ramp’ that in times of disaster response will enable the delivery of supply barges to cater for the bay’s needs when other access points are cut off.

(Nelson Mail, 16 October 2023)

Flats sitting empty while development ‘on hold’

The redevelopment of the 10 vacant Renwick Flats on Examiner St has been put ‘on hold’ by Kāinga Ora, and although two of the homes will now be utilised as short-term housing, some people are questioning why the entire complex isn’t being used.

Kāinga Ora (formerly Housing New Zealand) has been exploring options for a multi-storey development on the site, however, the project is currently in limbo while Nelson City Council considers a change to their District Plan (PC29).

(Nelson Weekly, 18 October 2023)

Tenants ready to go at Nelson Junction

Ryan Gibson is switching from optometry to beds when he opens BedsRus at Nelson Junction’s 12-store complex early next year.

Gibbons has tenants for all 12 stores and has so far announced Mountain Warehouse, Aki Sushi, Hunting and Fishing and Bed Bath and Beyond, as well as BedsRus.

(Nelson Weekly, 18 October 2023)

Te Waikoropupū Springs protection order in force

The highest level of protection for a waterway in Aotearoa has come into effect for one of the largest freshwater springs in the southern hemisphere.

The long battle that has been waged to protect Te Waikoropupū Springs near Tākaka by local iwi and advocates appears to have been successful. The springs have some of the clearest water in the world and are home to indigenous biodiversity.

The water conservation order for the springs was gazetted on September 21, and came into force yesterday.

They are one of 16 waterways that are protected under this order across the motu. It sets rules that councils must abide by when considering resource consents.

(Nelson Mail, 20 October 2023)

Blessings and celebrations mark the reopening of popular Heaphy Track

The Heaphy Track, one of Aotearoa’s Great Walks, has been blessed and reopened just in time for summer.

The track, stretching across Kahurangi National Park to the West Coast, has been a highlight on the list of Great Walks across the motu for locals and visitors alike.

However, the place of profound cultural significance for Ngāti Apa ki te Rā Tō and Ngāti Waewae had been partially closed since February 2022, when Cyclone Dovi caused severe damage along the popular track.

There was severe damage from the storm between Heaphy and MacKay huts, which included the loss of three bridges – most significantly the Heaphy River bridge.

(Nelson Mail, 20 October 2023)

Holiday park on a roll

Tāhuna Beach Holiday Park has reported a record $1 million revenue increase this financial year. The result was also more than $1m better than in pre-Covid years, with a large percentage of the revenue coming from repeat holidaymakers. Chief executive David Pattinson said that after adjusting for additional costs, it meant the campground could reinvest $500,000 into some of its older parts. It will also pay $420,000 to the Nelson City Council this year, under the terms of its lease. The holiday park has also retained its gold status with Tourism New Zealand’s independently-assessed Qualmark. Pattinson said it had reinvested several million dollars in the business over the last few years, and had focused on service delivery and guest experience – “and the park is humming as a result”. The work has included planting 3000 native trees, a new ablution block with energy-saving lighting and reduced wastewater, and two ablution blocks switching to solar water heating. Plans for the coming year include commencing a refurbishment of the classic and apartment motels, and an extensive renovation of the two accessible units.

(Nelson Mail, 20 October 2023)

A 50/50 approach to recovery efforts

The Government and Nelson City Council are teaming up to share the costs for the city’s recovery after severe weather tore through the community.

On Thursday, council agreed to a cost-sharing package with central government worth up to $12.3 million to help support the city’s recovery after severe weather events in August 2022.

Nelson’s mayor Nick Smith said the decision to formally accept the Government’s offer was an important step in the journey towards recovery, especially for the families whose homes have been badly damaged. Smith said the agreement was about building back better, supporting families and managing the cost pressures on ratepayers.

(Nelson Mail, 21 October 2023)

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