Growth is paramount for Tauranga City

Economic growth and investment must be at the forefront of plans for Tauranga.

Property Council Bay of Plenty Branch has made a submission on Tauranga City Council’s Long Term Plan 2015-2025, emphasising that economic growth is key to bringing new skills and wealth into the region, which is important for a vibrant economy and strong local community.

The Branch is particularly supportive of SmartGrowth, greater use of developer agreements and building new infrastructure, to adequately plan and provide for growth.

Bay of Plenty President Andrew Collins says the Branch agrees with the Council that a vibrant city centre creates an economic hub and increased productivity, employment opportunities.

“We want to see Tauranga grow. That is why we support the Council’s proposed $8 million investment for waterfront and amenities over 10 years. Investment is a catalyst for Tauranga and it will complement the significant private sector investments being made in the city centre.”

The Branch is suggesting the Council explores additional avenues for increasing investment into the central city and Waterfront area, through partnering with the private sector.

“It’s important the Council takes Martin Jenkins’ analysis on board where he says trends in the private sector show that several larger companies are looking to set up in the city centre in new offices, while older buildings – some of which might need earthquake strengthening – are already proving less desirable for commercial and retail occupants.”

The Branch supports the development of the education precinct, which will strengthen the talent and knowledge base in the city centre. At the moment, developers are exploring the potential demand for student accommodation with the possibility of a wider opportunity to increase resident numbers.

Property Council Bay of Plenty also supports the Council’s proposals to increase annual funding for events as this is key to maintaining Tauranga’s reputation as a desirable place to reside and visit, and keeping its high profile.

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