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.”

ENDS

Supporting Information
www.waterloobusinesspark.co.nz
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

 

Future Brighter Money: RBNZ Releases New Bank Note Designs

New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year. More>>

ALSO:

Commerce: Supermarket Inquiry Finds No Breaches By Countdown

The Commerce Commission inquiry into anti-competitive behaviour by Countdown supermarkets, alleged by former Labour Party MP Shane Jones, has found nothing to warrant prosecution, although it warns supermarkets to take care in the way they communicate... More>>

ALSO:

Crown Accounts: English Flags ‘Challenge’ To Budget Surplus

Finance Minister Bill English is warning next month’s half yearly fiscal and economic update from the Treasury may not forecast a budget surplus, saying that returning the government’s accounts to surplus in 2015 will be “a challenge”, given the decline in commodity prices and weak global inflation. More>>

ALSO:

March 2015: Netflix To Launch In Australia And New Zealand

World’s Leading Internet Television Network to Offer Original Series, Movies, Documentaries, Stand-Up Comedy Specials and TV Shows for Low Monthly Price More>>

ALSO:

Price Of Cheese (Is Up): Dairy Product Prices Fall To Five-Year Low

Dairy product prices fell in the latest GlobalDairyTrade auction to the lowest level in more than five years, led by declines in rennet casein and skim milk powder. More>>

ALSO:

Gordon Campbell: On The Australians Scoring Trade Points Against Us With The Chinese

It hasn’t been a great year for Trade Minister Tim Groser... To top it off, Australia has just signed a FTA with China that has far better provisions on dairy exports than what New Zealand currently enjoys in our own FTA with China. More>>

ALSO:

Iwi & Local Consultation: Oil And Gas Block Offer 2015 Begins

Energy and Resources Minister Simon Bridges today announced the start of the Block Offer 2015 process for awarding oil and gas exploration permits. More>>

Industrial Action: Stats NZ Throwing Public Money Away Duplicating Data

The Public Service Association (PSA) says Statistics NZ are throwing money away by collecting the same data twice for official statistics such as the Consumer Price Index... As part of the ongoing industrial action, field interviewers who are PSA members are continuing to collect data, but are not sending it through to Statistics NZ. More>>

ALSO:

Other Stats:

Space: Rosetta's 'Philae' Makes Historic First Landing On A Comet

After more than a decade traveling through space, a robotic lander built by the European Space Agency has made the first-ever soft landing of a spacecraft on a comet. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news