July Construction News
MinterEllisonRuddWatts in the market
MinterEllisonRuddWatts has been invited to convene a ‘Construction Law’ elective paper at Auckland University Law School. Lectures commenced this month and will run for the remainder of the semester. This is the first specialised construction law paper to be offered at Auckland University. The course is coordinated by Partner, Stephen Price and the syllabus was developed by the MinterEllisonRuddWatts construction division. The paper will cover the legal framework for the life cycle of a project – from procurement to the end of the latent defect period. The course is taught by Partner, Janine Stewart and Senior Associate, Travis Tomlinson in our construction division.
News and market activity
Auckland Airport says finished Pier B a major milestone
Auckland Airport says the formal completion of its new international Pier B is a key construction milestone for development of the “airport of the future”. The $120 million pier is 190m long, the area of two rugby fields, and its gates can handle the next generation of aircraft including Boeing 777Xs.
Housing Minister Phil Twyford looks overseas for KiwiBuild prefab house builders
More than half of the 100,000 KiwiBuild homes are likely to be prefabricated. Housing Minister Phil Twyford acknowledges that it will take a few years to get the prefab industry to the scale needed, but that once it was up to scale it will significantly assist the Government in reaching its 100,000 home target.
New boutique hotel planned for Britomart precinct
Cooper and Company, developers of the $1 billion-plus Britomart precinct in Auckland’s CBD, have announced a new boutique hotel is to be erected on the site of The Britomart Country Club and Better Burger. The hotel will provide some much needed accommodation for visitors to the city, after Colliers International recently commented on New Zealand’s current critical hotel room shortage.
No sign of NZ building costs easing
The construction industry is warning there is no end in sight to the high costs that are holding up some building projects. Building materials and labour costs have been progressively escalating over the past three to four years and are causing construction jobs to stall .
Quay Street works to be unveiled soon
Details of a $268 million suite of projects on and around will be unveiled in the coming weeks. A report of the programme has been presented to the City Centre Advisory Board noting that Auckland Council and Auckland Transport have a long-term strategic goal to progressively reduce traffic volumes in the Downtown area and create a more pedestrian friendly space.
Restructured Fletcher Building hopes to build thousands of homes
Fletcher Building is set to develop a new Auckland house-panel factory which will be set up to make KiwiBuild-style housing over the next decade. Chief Executive Ross Taylor said components for up to 350 homes could be built annually in the new factory.
Tauranga CBD revitalisation: $250 million of development inside 600m downtown stretch
Over the next five years, $250 million of major developments are scheduled to be completed within a 600-metre stretch from Elizabeth St to McLean St in Tauranga’s CBD.
$7 million cycleway link start
Work has begun on a $7 million connection that will eventually link Dunedin city and Port Chalmers. Construction will include a $1.2 million shared cycle/pedestrian bridge across the Leith near Forsyth Barr Stadium.
Ebert Construction in receivership
Major Auckland construction company Ebert is in receivership and workers have been locked out of sites, including the 153-unit Union Green project in the city this morning.
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