Green light for huge Te Rapa retail project

A $50 million retail development on Tainui land at the former Te Rapa air base in Hamilton has the go-ahead from the Environment Court.

Thursday, March 25th 2004, 11:36PM

by The Landlord

Details were sketchy today, but the Waikato Times understands all appeals against the development were dismissed. The appellants were Westfield, operators of Chartwell shopping centre, and Centre Place owners Kiwi Income Property Trust.

The multi-store development included a new store for The Warehouse, more than twice the size of its Hillcrest store and one of the biggest in New Zealand.

News of the development came a day after Hamilton airport unveiled a $51 million redevelopment plan, including a $30 million industrial and commercial centre.

The Te Rapa proposal, when released in 2002, was subject to planning consent because large commercial development was not allowed on the site under the Hamilton City Council plan.

Read More - Opens in a new window
« Property investors refocus on cash flowFree Investment Property Showcase Events: Auckland, Wellington and Christchurch »

Special Offers

Commenting is closed

www.GoodReturns.co.nz

© Copyright 1997-2024 Tarawera Publishing Ltd. All Rights Reserved