Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


First CBD commercial land purchases welcomed

Hon Gerry Brownlee
Minister for Canterbury Earthquake Recovery

30 November 2012

First CBD commercial land purchases welcomed

Canterbury Earthquake Recovery Minister Gerry Brownlee says the first commercial property purchases for Christchurch’s CBD Blueprint Plan represent an important milestone in the city’s recovery.

“I’m pleased with progress made by the Christchurch Central Development Unit (CCDU) in negotiating with landowners to create a willing-buyer willing-seller scenario,” Mr Brownlee says.

“To date the Crown has purchased three properties that will form part of anchor projects outlined in the Blueprint in the Christchurch Central Recovery Plan.”

The three properties are the Craigs House and Lucks Building sites, which will form part of the new Convention Centre Precinct, and the Poplars Apartments site, which will be part of the new East Frame.

Purchase prices will be publicly available when final settlement of the transactions has been completed.

Mr Brownlee says the Crown has agreement in principle with the owners of another 15 properties, and is at an advanced stage of negotiation on a further 50.

“Negotiations are underway on 116 properties in total, which shows CCDU is making real progress towards achieving the vision laid out in the Blueprint Plan – a plan the public have very positively embraced.

“CCDU is finding property owners are keen to engage in negotiations with the Crown, and to conclude these negotiations in a timely way so they can move on and perhaps invest elsewhere in the city.”

The Crown intends to acquire 761 designated properties in the CBD, with the first negotiations being carried out according to the priority of the anchor projects.

Once agreement is reached between the Crown and property owners, sale and purchase agreements are prepared, signed by the vendor and in turn the Minister’s delegate, before settlement occurs within a mutually agreeable time frame.

If agreement cannot be reached, the Crown will need to consider moving to the process of compulsory acquisition.

Notices of Intention to take land by compulsory acquisition have so far been sent to 45 property owners in priority anchor project areas, but these notices do not prevent negotiations continuing or indicate anything about the nature of ongoing negotiations.

More information on the CBD Blueprint and the property acquisition process can be found at www.ccdu.govt.nz.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

'Tea Break Bill' Passes: Gordon Campbell On Bad Labour Laws And Poor Safety

By co-incidence, one of the prime dangers of the government’s new employment relations law has been underlined by the release of the death and injury statistics among workers at New Zealand ports. These are highly profitable enterprises for the port owners.

The Port of Tauranga for instance, is expecting its current full-year profit to be between $78 million and $83 million and other ports are enjoying similar boom times – but they are also highly dangerous places for the people who work on or around the port premises. At the Port of Tauranga, there have been 26 serious accidents since 2011, and two deaths. More>>

 

Parliament Today:

No Charges: Outcome Of Operation Clover Investigation

Police have completed a multi-agency investigation, Operation Clover, into the activities of a group calling themselves “The Roast Busters”. The 12 month enquiry focused on incidents involving allegations of sexual offending against a number of girls in the Waitemata Police district and wider Auckland area... More>>

ALSO:

UNICEF Report: NZ Cautioned On "Stagnating" Child Poverty

An international report by UNICEF has found that child poverty rates in New Zealand have barely changed since 2008, despite similar sized countries significantly reducing child poverty during the recent recession. More>>

ALSO:

Funding Report: Two Pathways For Transport In Auckland

Commissioned by Auckland Council, the group was asked to investigate two possible pathways for raising $300 million per year ($12 billion over 30 years) to pay for the improvements needed to help fix Auckland’s transport system. More>>

ALSO:

Pay Equity: Equal Pay Win In Court Of Appeal

CTU: The Court of Appeal has made a historic decision paving the way for a substantial equal pay claim for aged care workers. More>>

ALSO:

Gordon Campbell: On The TPP Finishing Line, And Amazon’s Woes

If the Trans Pacific Partnership trade deal wasn’t such a serious matter, this would be pretty funny… More>>

ALSO:

TV3 Video: Three Die On Roads Over Labour Weekend

The official holiday period ended at 6am Tuesday, with three deaths on the roads during the Labour Day weekend. More>>

Employment Relations Bill: Govt Strains To Get Tea Break Law Through

The Government has been left with egg on its face - failing to get its much-vaunted, but hugely unpopular, meal break law passed in the first week of its new term, Labour spokesperson on Labour Issues Andrew Little says. More>>

ALSO:

Guns: Police Association Call To Arm Police Full Time

"The new minister gave his view, that Police do not need to be armed, while standing on the forecourt of parliament. The dark irony was that the interview followed immediately after breaking news of a gunman running amok in the Canadian parliament in Ottawa..." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news