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

 

Multi-Million Dollar Development Boosts Auckland Economy

Multi-Million Dollar Development Boosts Auckland Economy

A multi-million dollar retail development has provided a significant boost to the local economy with suppliers running 24 hour shifts to manufacture materials for its construction.

Furniture and homewares retailer Nido, will cover a 31,000 sqm area in West Auckland, significantly larger than any other store in the country.

Managing director Vinod Kumar says the sheer scale of the $60 million development has put pressure on their suppliers to meet their demand for locally made materials - which has lead to further job growth.

He says the logistical considerations of the project have also meant much of the work is being done in off-peak hours.

“To ensure there is no disruption to local traffic in transporting the 9,000 cubic metres of concrete being poured, 1,800 truck loads will be delivered to the site in the middle of the night.

“In addition, 1,800 tonnes of structural and reinforcing steel has been ordered. While an order of this size has been a significant boost to our suppliers, they are running in 24 hour shifts to get it manufactured in time,” he says.

Kumar says the New Zealand owned company is proud to have been able to provide work for more than 450 locals on the construction phase of the development as well as employing a further 200+ when the store opens in the coming months.

He says the project is now 40% complete and expected to open some time towards the end of Spring this year.

Kumar says the project will also see the installation of more than 15,000 sqm of roofing, 1,600 piles and 12,600 lineal metres of purlins and girts.

Construction on the Nido site at 158 Central Park Dr, Henderson began in October 2018.

-Ends-

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Marine And Freshwater Reports: EDS Calls For Urgent Action On Marine Management

“There are some big issues to address. These include many marine species and habitats that are in serious trouble. Of the sample investigated, the report finds that 22% of marine mammals, 90% of seabirds and 80% of shorebirds are threatened with or actually at risk of extinction..." More>>

ALSO:

$7.5 Billion Surplus: Government Accounts "Show Strong Economy"

“The surplus and low levels of debt show the economy is in good shape. This allows the Government to spend more on infrastructure and make record investments in health and education,” Grant Robertson says. More>>

ALSO:

New OIO Application Trumps Judicial Review: OceanaGold Cleared To Buy Land For Waihi Tailings Expansion

In a surprise turnaround, the government has given OceanaGold a greenlight to buy land to expand its Waihi mine after the application was previously turned down by Land Information Minister Eugenie Sage. More>>

ALSO:

Christchurch Rebuild: Fletcher Sued For $7.5m Over Justice Precinct

Fletcher Building is being sued for $7.5 million by utilities contractor Electrix, one of the subcontractors on the Christchurch Justice and Emergency Services Precinct. More>>

Three New Drugs: PHARMAC Signs Bundle Deal For More Cancer Medicines

420 New Zealanders with lung cancer, breast cancer, multiple sclerosis and respiratory disease will benefit each year from a bundle deal PHARMAC has finalised with a medicine supplier. More>>

ALSO: