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Progress for Wellington

30 January 2014

Progress for Wellington

Property Council applauds Wellington City Council yet again for taking the lead on driving economic growth and tackling its challenges.

The council announced its Eight Big Ideas aimed at helping the city grow beyond its image of just harbouring the public sector focus and Property Council is enthusiastic to help achieve this goal.

The eight areas are:
1- Film museum
2- International air connections
3- Tech precinct
4- Conference and concert venues
5- Miramar framework
6- Transport
7- Business
8- Liveability

It is crucial to Wellington’s growth beyond the public sector to be as it declares in its seventh idea “open for business”. The City Council states it will ensure transactions are completed quickly and easily and regulatory rules are clear and fairly applied. This is a massive leap forward for growth as it will speed up developments and aid businesses grow. The council has recognised that red tape and a lack of readily available information is a major hindrance and is promising improvements which will create more jobs and bring progress for the city.

Property Council Wellington branch president Andrew Hay is delighted with the announcement. “It is great to see these areas being identified, a willingness to allow encourage the growth of industry, and the acknowledgement that city offers so much more than just a public sector focus,” said Mr Hay.

“We are ready and willing to work with local officials in helping Wellington reach its full potential.”

About Property Council New Zealand
Property Council is New Zealand’s commercial property voice. Property Council represents New Zealand's office, industrial, retail, property funds and multi-unit residential property owners, investors and managers. Property Council’s branches throughout the country represent some of the largest commercial property portfolios in Auckland, Waikato, Bay of Plenty, Wellington, East Coast/Hawkes Bay and the South Island and Otago region, the value of which exceeds $30 billion.

ENDS

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