Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Stage One of $400m business park development near completion

Stage One of $400m business park development nears completion

Stage One of a new 114 ha Business Park in Islington is nearing completion with the first tenants moving in this week. The $400 million dollar development is on the Islington Freezing Works site and is now called Waterloo Business Park. Work on Stage Two of the development (comprising of 30 ha) is well underway with infrastructure and roads under construction.

The Park’s first tenant Santa Rosa Foods will move into their 2500sqm factory this week. TransDiesel, Conroy Removals, and two private developments are also in detailed design and will commence building later this year. A further 2.6ha was sold last month to Cardinal Freight with the development now having sold approx. 50ha overall.

Waterloo and Pound Roads will both be realigned in conjunction with the development, connecting through to the Main South Road, improving safety and diverting heavy traffic away from existing residential areas. Halswell Junction Road will be extended through the Park up to Pound Road to create a major connection from the northwest to the CBD and Port.

While primarily industrial and commercial the Business Park is designed with a town square or central hub at its heart. Plans are underway to develop areas with hospitality and retail offerings, alongside health and recreation spaces.

“Waterloo Business Park aspires to set a new standard. Our design includes a network of open park spaces", said Development Manager Hamish Clarke.

“We believe that there is no excuse for unattractive industrial spaces. Park like grounds shouldn’t be exclusively for central city office workers. Everyone should be able to work somewhere where you can eat your lunch or have a walk somewhere appealing.”

Mr Clarke is convinced that businesses housed in the park will see long term benefits of being in park like surroundings. “Attracting and keeping staff is one of the biggest issues facing businesses in Canterbury. Working somewhere beautiful will be appealing to potential and current employees.”


Supporting Information
Waterloo Business Park is a joint venture between highly experienced property developer John Sax, of Auckland-based Southpark Corporation Ltd and Southland-based businessmen Inky Tulloch and Paul Johnstone.

Earthquake Recovery and Transport Minister Gerry Brownlee will be visiting the Waterloo Business Park development this Friday 5 September for a project progress update.

Media are invited to attend alongside Minister Brownlee on Friday 5 September (tomorrow). (Tour beginning at Waterloo Business Park offices at 3pm – entrance 400 Waterloo Road, Islington) .The Minister will be available for interviews and photos.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Trade: NZ Trade Deficit Widens To A Record In September

Oct. 27 (BusinessDesk) - New Zealand's monthly trade deficit widened to a record in September as meat exports dropped to their lowest level in more than three years. More>>


Animal Welfare: Cruel Practices Condemned By DairyNZ Chief

DairyNZ chief executive Tim Mackle says cruel and illegal practices are not in any way condoned or accepted by the industry as part of dairy farming.

Tim says the video released today by Farmwatch shows some footage of transport companies and their workers, as well as some unacceptable behaviour by farmers of dragging calves. More>>


Postnatal Depression: 'The Thief That Steals Motherhood' - Alison McCulloch

Post-natal depression is a sly and cruel illness, described by one expert as ‘the thief that steals motherhood’, it creeps up on its victims, hiding behind the stress and exhaustion of being a new parent, catching many women unaware and unprepared. More>>


DIY: Kiwi Ingenuity And Masking Tape Saves Chick

Kiwi ingenuity and masking tape has saved a Kiwi chick after its egg was badly damaged endangering the chick's life. The egg was delivered to Kiwi Encounter at Rainbow Springs in Rotorua 14 days ago by a DOC worker with a large hole in its shell and against all odds has just successfully hatched. More>>


International Trade: Key To Lead Mission To India; ASEAN FTA Review Announced

Prime Minister John Key will lead a trade delegation to India next week, saying the pursuit of a free trade agreement with the protectionist giant is "the primary reason we're going" but playing down the likelihood of early progress. More>>



MYOB: Digital Signatures Go Live

From today, Inland Revenue will begin accepting “digital signatures”, saving businesses and their accountants a huge amount of administration time and further reducing the need for pen and paper in the workplace. More>>

Oil Searches: Norway's Statoil Quits Reinga Basin

Statoil, the Norwegian state-owned oil company, has given up oil and gas exploration in Northland's Reinga Basin, saying the probably of a find was 'too low'. More>>


Modern Living: Auckland Development Blowouts Reminiscent Of Run Up To GFC

The collapse of property developments in Auckland is "almost groundhog day" to the run-up of the global financial crisis in 2007/2008 as banks refuse to fund projects due to blowouts in construction and labour costs, says John Kensington, the author of KPMG's Financial Institutions Performance Survey. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news