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East and North Frame Residential Precinct Request for Expressions of Interest

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East and North Frame Residential Precinct Request for Expressions of Interest East and North Frame Residential Precinct Request for expressions of interest CHRISTCHURCH, NEW ZEALAND EOI Foreword The rebuilding of Christchurch following the Canterbury earthquakes is a As part of the rebuild, the New Zealand Government is acquiring the necessary $40 billion programme that will drive decades of development and growth. land, and is committed to ensuring the development of the East and North Frame The scale, coordination and committed approach to the rebuild presents an Residential Precinct: bringing inner city living within a stone’s throw of all the unprecedented development opportunity in New Zealand; a unique opportunity to central city has to offer. rebuild a compact and vibrant new central city combining rich natural and cultural heritage, a deep economic base and best-practice 21st century urban design. This invitation for Expressions of Interest (EOI) seeks responses from leading developers of medium density residential property who are interested in Christchurch’s residents, both local and national industry and the New Zealand developing within the Residential Precinct. Government are all committed to making this happen. It’s an opportunity too good to pass up. 222 Contents Why invest in Christchurch? 4 The Recovery Plan 6 The East and North Frame Residential Precinct 8 What is being sought from Respondents? 16 Procurement process 18 Appendices APPENDIX 1: Process details 20 APPENDIX 2: EOI administration 22 APPENDIX 3: EOI terms and conditions 23 APPENDIX 4: EOI form of response 25 2 3 Why invest in Christchurch? Everyone is committed Red tape is being cut Risks are being mitigated There is unprecedented The Canterbury Earthquake Extensive geotechnical assessment cooperation between community Recovery Act 2011 (CER Act) has shown that the risk of further agencies, the local iwi and provides special powers to fast large earthquakes has significantly Government at all levels, making track recovery. The New Zealand decreased and continues to fall. A business easier and problem- Government has set up an enabling combination of enhanced building solving faster. Processes are framework of specific planning codes, new technology, and building transparent; there is an attitude of provisions unique to Christchurch. foundations to fit conditions problem-solving. means the rebuild will be done safely. Drilling and testing has Despite the earthquakes, people proven that the CBD is suitable for have stayed to be part of the redevelopment; the region as a whole region – Canterbury’s population remains economically powerful and has grown since the earthquakes – an excellent investment proposition. and the highly skilled workforce Insurance options remain robust and remains connected and dynamic. affordable. 4 #4 In economic freedom (Heritage Foundation 2012) How we rank internationally #3 New Zealand enjoys the highest top10 level of personal freedom in For ease of doing business the world (Canadian Fraser Christchurch: voted by (World Bank 2012) Institute 2012) Lonely Planet in the Top Ten Places to visit 2013 New Zealand is the least #1 corrupt place in the world to do business (Transparency International's Corruption Perceptions Index 2012) #5 #1 In living standards (UN 2012) Concrete Propositions by Ash Keating: Gap Filler and Christchurch Art Gallery join forces to create short-term dynamic projects Temple Basin skifield in the Selwyn District Pegasus Golf and Sports Club in the Waimakariri District 4 5 The Recovery Plan In July 2012 the Canterbury Earthquake Recovery Authority (CERA) launched the Christchurch Central Recovery Plan (Recovery Plan), including a Blueprint for the city. The Recovery Plan followed on from ‘Share an Idea’, the hugely successful campaign of Christchurch City Council (CCC) in which the people of greater Christchurch contributed their ideas for the future of their city. In line with those ideas, the Recovery Plan sets out a vision for a greener, stronger, more compact, vibrant and accessible city. The Recovery Plan identified the location Six anchor projects have been prioritised for early CERA is seeking private sector participation in a of 17 anchor projects; key developments in development: number of these anchor projects. Christchurch’s central city. With public sector 1. Te Papa Ōtākaro/Avon River Precinct The Recovery Plan is also being expanded to cover backing, these projects will lead the rebuild of the specific residential housing and transport elements central city, encourage private sector development 2. The East and North Frame 3. The Bus Interchange that, together with the above projects, will play a and catalyse investment, growth and social energy 4. The Justice and Emergency Services Precinct significant part in the rebuild and regeneration of and so bring back a greater number of people into 5. The Christchurch Convention Centre Precinct, the city centre. the central city. and CERA, through the Christchurch Central 6. The Metro Sports Facility. Development Unit (CCDU), is responsible for the delivery of anchor projects, in partnership with the CCC and other stakeholders. Location of East and North Frame Precinct — Core 6 6 7 The East and North Frame Residential Precinct – Creating the right environment to live By creating the Frame around a smaller and more from the heart of the city. This will be a world • a whole specialist retail precinct within two city compact CBD Core, the Crown has made a bold class neighbourhood of facilities and amenities, blocks of your doorstep move to ensure the success of central Christchurch. including: • a world class waterfront in Te Papa Ōtākaro/ By restricting the availability of commercial land, Avon River Precinct the Crown has created the opportunity to ensure the • a major regional attraction: the Margaret Mahy • an array of new and re-developed civic spaces city returns as the thriving and exciting hub for the Family Playground • a new Performing Arts Precinct and an art trail South Island. Once rebuilt, the city is expected to • strong transport links across car, bus, walking to rival any international art destination support 60,000 employment positions. and cycling modes • employment powerhouses in the Justice and • safe, well lit and beautifully designed open Emergency Services and Health Precincts, along The East and North Frame Residential Precinct will spaces with new commercial buildings accommodating provide a significant opportunity across 14 hectares • cafés, bars and restaurants right on the over 3,400 government employees. of land (6.8ha of development) to create a new doorstep, and with hospitality hubs only a residential community located only a few blocks short walk away 8 8 9 CERA is making a considerable investment to establish a $116 million world class waterfront created by Te Papa Ōtākaro/Avon River Precinct. The North Frame and northern portion of the East Frame will gather around the Ōtākaro/Avon River and the entire East Frame will be focused around the proposed central park which will run north to south through the entire East Frame. The East and North Frame will be a desirable place to live that creates a new standard in inner city living. 10 10 11 The land available for development The indicative masterplan to the right illustrates the parcels of land within the East and North Frame that will be available for development, described as “Super-Lots”. In summary: • the East and North Frame has a gross land area • CERA will deliver the public realm, and create of 14.6 ha and an estimated net developable area serviced Super-Lots of 6.8ha representing 13 Super-Lots averaging • CERA is seeking accelerated development of the 0.52 ha (5,200m2) North Frame Super-Lot • it is expected that the total retail value of • extensive environmental and geotechnical built product will be in the vicinity of $250 to investigations are currently being completed, $300 million (excluding GST) with this information provided at the Request • the development opportunity incorporates for Development Proposal (RFDP) phase (see significant planned public realm ($31 million Procurement Process, p.18). Crown investment), including the central park and Te Papa Ōtākaro/Avon River Precinct ($116 million) 12 0 25 50 100 Chester St Armagh St Masterplan The indicative masterplan (developed by CERA in Gloucester St conjunction with external experts) shows the North Frame Super-Lot and East Frame first Super-Lot, along with an indication of the balance of Super-Lots that will be created by the Crown. CERA is seeking accelerated development of the Worcester St North Frame Super-Lot. Hereford St Cashel St DRAFT EAST FRAME MASTERPLANNorth Frame Super-Lot accelerated13.12.2013 development sought Lichfield St NOT GOVERNMENT POLICY East Frame First Super-lot 12 13 CERA's objectives The key objectives sought by CERA for the East and North Frame Residential Precinct are: • establishing a new area of medium density • completing the first development in the East central city living, which demonstrates best Frame during, or before the end of 2017, with the practice urban design, supported by: overall development completed by about 2024 - a diversity of housing typologies; • developing the East and North Frame in a way - a strong, attractive and desirable that stimulates and complements residential and neighbourhood; and commercial activity in the central city - opportunities for not-for-profit or • ensuring that financially viable developments are community facilities. enabled while achieving the above objectives. • providing development opportunities
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