Expansion at Porters Ski Area Receives Planning Approval

27 February 2012

The $500 million proposal to expand Porters Ski Area into Crystal Valley and build a year-round alpine village at the foot of the ski area has been given the necessary resource consents and plan change approvals to proceed.

Commissioners appointed by Environment Canterbury and Selwyn District Council to consider the applications by Porters Ski Area Ltd released their joint decision today after a nine day hearing over July and August last year.

The resource consents decision is subject to a 15-working day appeal period and the Plan Change is subject to a 40-working day appeal period once it is adopted and notified by the Selwyn District Council.

Porters Expansion involves the building of a new family-friendly ski area in Crystal Valley adjacent to the existing ski area at a cost of about $60 million.

Scheduled for opening in winter 2015, the new ski area would comprise an extensive snowmaking system on all main trials, three chairlifts and New Zealand’s first ski area gondola lift, along with a large day lodge and crèche.

Also operating in 2015 would be the expanded ski area’s base facilities on the site of the proposed village. These would in¬clude the gondola’s bottom station, a small hot pools complex, sealed car parking and the first of the village apartments. This first stage of the village would cost about $115 million.

A key part of Porters Expansion proposal was two land exchanges involving the Department of Conservation.

In return for obtaining freehold for the village site (15ha) and in Crystal Valley, Porters agreed to buy and restore two high conservation value indigenous forestry sites at Lords Bush near Springfield and Steep Head Gully on Banks Peninsula.

Over the next 15 years, accommodation in the year-round village would grow to about 3,400 beds across a range of budgets and prices from “flashpackers” to a hotel, various kinds of apartments and private chalets.

The 2015 opening would also feature the start of a wide range of both family and expert-orientated mountain bike trails, and easy walks accessible from the proposed village.

When the ski area opens in 2015, the existing ski area access road would be closed to the public with skier and visitor access to the expanded ski area being by gondola with a return trail into the proposed village. The existing ski area in the Porters Basin would be easily accessible from Crystal Valley.

Porters Ski Area is the closest ski area to Christchurch and is owned by a group of Australian and Russian investors following Overseas Investment Office approvals.

The partners in the project comprise the Harvey family of Sydney and Russian investors introduced by the Harveys.

“The Commissioners’ approvals are a significant milestone towards realising Porters Expansion after five years working on the proposal,” said Simon Harvey.
“Despite a global financial crisis and the Canterbury earthquakes both happening after we committed to Porters, we are backing the project because we believe Canterbury’s economy is fundamentally sound.

“Cantabrians are the kind of people who are resilient and resourceful and who we know will make sure Canterbury and Christchurch recovers and rebuilds for its future”, said Mr Harvey.

To date, the partners had invested a total of $10 million in the project, upgrading the existing Porters ski area and providing financial support for its operation while awaiting planning approvals.

At its opening in winter 2015 the ski area and village facilities would employ about 500 full time and seasonal staff.

Porters Ski Area Director of Development Mike Sleigh of Christchurch said Porters Expansion had received substantial sup¬port from Springfield, Selwyn District and Christchurch people.

“We received over 2250 submissions in support, including from Christchurch International Airport Ltd, Canterbury and Christchurch Tourism, mountain bikers, Castle Hill Village residents and others in New Zealand and Australia.”

At full development, Porters would create almost 1000 full-time equivalent jobs for Canterbury and attract about 300,000 skiers a year – 45% from Australia and 19% from outside of Canterbury.

The Commissioners’ decision is available at www.skiporters.co.nz
.

BUDGET 2012:
Parliament Debate Live - Video Of Budget 2011
Keith Ng Interactive Graphic: How the Budget Breaks Down
BUDGET 2012 - FULL COVERAGE: Reports / Analysis - Press Kit - Reaction (from everybody) - Previews (from everybody) - Pre-Budget Announcements

Gordon Campbell: On the Budget’s Spreadsheet Victories

It wasn’t as if expectations were sky high, exactly. Chances are, it was always more likely that we’d be seeing Bigfoot rampage through the Beehive lock-up than catch a glimpse of a credible growth agenda from this government. More >>

Sludge Budget Report - Short The Dollar! MEMO: To international bankers FROM: C.D. Sludge Please short the dollar! It'll be good for both you and us. And you know you want to. Greexit, Eurogeddon... watch out... flight to quality and all that. Follow your instincts. The NZ Debt Management Office has been so surprised at the unprecedentedly low interest rates that it can borrow at that it has already entirely pre-funded the 2013 fiscal deficit - all $8 billion of it! More >>

Pattrick Smellie Comment: Doddling along the best we can hope forCriticising Budgets for lacking vision or imagination is like shooting fish in a barrel, but even so, this year's Budget again feels like a missed opportunity. Perhaps it's the intrusion of real world needs that means the government couldn't make better political use of the $558.8 million it expects to gather in its first partial asset sale. More >>