November Construction News
MinterEllisonRuddWatts in the Market
Janine Stewart and Riaia Donald present at Auckland Build Conference 2018
The presentation titled “The Current Legal Framework Assisting or Hindering Its Utilisation” covered:
- The pros and cons of prefab and modular construction – from a legal perspective
- The key challenges with the current consenting and regulatory framework
- How, or should, the legal framework change to assist the utilisation of prefabrication and modular construction going forward
For those interested in attending future conferences, the Auckland Build Conference is free-to-attend and open to anyone interested in hearing the latest discussions on the building and construction industry. For more information on this year’s conference, click here.
Infrastructure Partners host Infrastructure New Zealand workshop
On 20 November, Infrastructure partners Sarah Sinclair and Tom Fail hosted Infrastructure New Zealand’s workshop on funding and financing, where Ministers Phil Twyford and Shane Jones participated in a panel discussion. The workshop was well received and provided a unique opportunity for attendees to engage with senior Government Ministers on infrastructure and financing issues.
For more information on Infrastructure New Zealand and how to become a member, click here.
The City Rail Link is taking shape
CRL chief executive Sean Sweeney is proud of and excited for a new project – 25 years ago there were no construction projects in the country worth over $100 million. Now there are nine over $500 million, with the scale of work “massive and unprecedented”. There are 610 metres of tunnel digging completed, and the next stage of tunnel-boring underneath Albert Street will start soon, projected to finish late 2019. The current budget stands at $3.4 billion.
$115m redevelopment of Tauranga shopping centre Bayfair reveals new stores
More than 30 new stores will be open in Tauranga’s Bayfair shopping centre in early December, as part of its $115 million redevelopment to be revealed to the public before Christmas. The development expands the centre’s footprint by 9000sqm, to a total of 42,000sqm. Centre manager Steve Ellingford said that the redevelopment would create up to 400 construction jobs, with about 1500 being employed once it is completed late next year. Tauranga Crossing chief Steve Lewis said that the centre’s total investment in the Stage 2 mall was in excess of $150 million, tracking to open April 2019.
Significant progress in the Puhoi to Warkworth motorway
Hopes are high for a sunny and dry summer for workers on the new $709 million Puhoi to Warkworth four-lane motorway, in order to shift 4 million cubic metres of rock and soil to the roading project. The project is being delivered under a public private partnership (PPP) contract by NX2. Once complete in late 2021, the new motorway will run west of the current SH1 and is projected to cater for 35,000 vehicles a day in conjunction with the old SH1 route by 2026.
First of 900 central Christchurch homes finished, priced at up to $1.59m
The 900-home east frame housing precinct in Christchurch has seen significant progress. Covering five blocks of land, the development is an $800 million anchor rebuild project with efforts to attract residents back into the city. The Crown has been selling the land to Fletcher Living in stages after incrementally buying up five city blocks. The finished homes on the corner of Latimer Square and Hereford St, called Latimer Terraces, are 20 three-storey, three-bedrooms homes that are priced from $1.175m to just under $1.59, spanning up to 214sqm in size.
$23 million housing development for New Plymouth suburb
68 Kiwibuild homes have been promised to be built after an announcement by Housing and Urban development Minster, Phil Twyford, in the suburb of Marfell. The next six months will see construction begin in the area, with the first families moving in around mid-2019. The suburb has been waiting for a redevelopment for almost a decade when 28 state homes were removed from its streets, but the 2010 Christchurch earthquake saw the project come to a halt. Over 1400 people have already registered interest, according to the Minister.
Philanthropist Ted Manson paves new territory in Auckland CBD’s tallest social housing tower
The $30 million block on Liverpool St, Life Apartments, is being built by locally owned CMP Construction for the Ted Manson Foundation, using money from one of the city’s wealthiest men to house its poorest. Manson said he personally funded the site purchases, consents, design, construction, and fit out costs for the tower, which consists of 56 one-bedroom apartments – the highest need in the city for singles and older people, according to the Ministry of Social Development. The TM Foundation will be responsible for the building’s exterior and common areas, with Mansons TCLM and CMP giving apartment buyers a 25-year warranty. Tenants will only pay a maximum of 25 percent of their income in rent, as they will qualify for income-related rent subsidies. 73 of the Apartment’s 93 units are to be social housing places, with Manson saying that he “would have had it all social housing” if not for the Government’s demands for private-social tenancy balance.
Government to spend $80m on fixing ‘long-standing problems’ at Middlemore and Manukau SuperClinic
This funding derives from the $750 million set aside in the 2018 Budget to tackle “some of the most urgent building problems facing hospitals” in the country. Issues to be addressed include leaky hospitals, rotten and mouldy walls, and earthquake-prone facilities. The funding also means that the Counties Manukau DHB can plan and develop four important projects (including recladding, relocating departments, and critical infrastructure work), as well as aiding the DHB in handling a growing population with challenging health needs.
New 5-star hotel in central Queenstown
Commercial property investor Augusta Capital has purchased a site for $13.85 million, with the settlement of the transaction to be expected before November 30 2018. Resource consent had been granted for the vendor to undertake the hotel development, with discussions being held with potential contractors – but a construction contract will not be let until the securing of a hotel operator. Construction is expected to begin by mid-2019.
Companies not complying with new retentions regime
A recent survey by BDO has revealed that a large proportion of construction companies are failing to comply with the new retentions regime under the Construction Contracts Act. Graham Burke, president of the NZ Specialist Trade Contractors Federation, says that the BDO survey results require government action.
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