Tauriko Business Estate Council – Developer Partnership Tauriko (Tau-ranga Ri-mu Co-mpany) Overview • 200 hectare industrial and commercial development • Lot sizes 800m2 to 8ha + • Located at Tauriko on the southern fringe of Tauranga urban area • Less than 10 minutes to Tauranga CBD and Port of Tauranga on toll road • Positioned at the junction of State Highways 29 and 36 • Access to Waikato, Hamilton and Rotorua Location Industrial Business Estate Inception • Owners involved in retail development including Fraser Cove • Smartgrowth BOP identified Pyes Pa and Tauriko as future greenfield residential and business growth areas • Developers of The Lakes residential area were zoned by private plan change application • Partial zoning of Business area • Land acquisition by Element IMF – mostly grazing and kiwifruit orchards • 70% of growth cell • 30% other land owners Business Estate and Lakes Residential Planning • Asked by Council to consider entire 200ha catchment • Area spanning territorial authority boundary between Tauranga City and WBOPDC • Council very supportive of zoning of business land • Existing industrial land supply constrained • Balance business land provision with residential growth • Private Plan Change notified in 2005 Structure Planning • Council allocated staff • Consistency • Availability • Project group fortnightly meetings Funding • Element IMF undertook plan change that Council would have ordinarily done • Costs to Element IMF $2m • Ratepayer saving • Development Contributions agreements • Council not carrying costs for trunk infrastructure headworks Implementation • Council allocated consent planner and development engineer • Weekly meeting • Issues canvassed • Progress on consenting and design approval matters monitored • Consistency of staff • Project knowledge • Availability • Greater certainty Design • Stream valley floor • Elevated plateaus • Industrial buildings require large flat footprints • Results in large scale earthworks and in places up to 35m cuts into hills • Some areas of sensitive soils required pre loading to minimise consolidation • Central Sub Arterial ‘spine road’ –Taurikura Drive • Stormwater attenuation ponds • Sewer pump stations Construction Construction • Earthworks commenced in 2004 • Civil roading and drainage works commenced 2006 • First industrial Titles issued 2007 • Council has constructed some works (slip lanes, Kopurererua Stream bridge) • Majority of works built by developer and vested in Council • Now over halfway through the development • Industrial land uptake rate at Tauriko 8ha per annum • Approximately 9 years supply remains at 2018 Pre - Development Development Current Collaboration • Delivery of infrastructure – Council Assets • Specific arrangements for development contributions • DC deferrals • Progress payment funded trunk infrastructure works delivered by developer • Specific arrangements for delivery and timing of required infrastructure • Council and developer mutual agreement on sequencing to defer $20m of infrastructure Council - Developer Relationship • Element IMF/TCC relationship remains strong • Consents planner and development engineer are cooperative and endeavour to be flexible • Role of the development engineer is important in liasing with asset managers to facilitate the delivery of vested infrastructure Ongoing Partnership.