Dock of the bay

Dock of the bay

Total Property - Issue 6 2018

Around the world, swathes of industrial waterfront land previously reserved for fishing-related activity, stevedoring and other operational uses, are being master-planned as mixed-use urban precincts.

In New Zealand, Wellington and Auckland lead the way, but other areas are following suit.

Thanks to the Provincial Growth Fund, the Government says it will invest more than $800,000 into a feasibility study to redevelop Dunedin's waterfront.

Ten years ago, Auckland’s Wynyard Quarter was primarily a working industrial waterfront area. The city's urban regeneration agency, Panuku Development Auckland, was tasked with revitalising the area.

With the master-planned second stage now rolling into the third stage of a 20-year project, Panuku’s waterfront development director, Katelyn Orton says the precinct has grown up.

The result is an active, high-amenity, sustainable precinct where maritime activity coexists with commercial and residential usage.

Panuku invested upfront in community-orientated amenities, while also entering into development agreements with the private sector for the commercial facilities and residential development.

Fu Wah is building the Auckland Park Hyatt, Precinct Properties constructed the Wynyard Quarter Innovation Precinct and Willis Bond is carrying out the residential component.

Precinct Properties chief executive, Scott Pritchard says it’s not often you get to be part of urban regeneration at the scale of Wynyard Quarter, where he feels revitalisation was long overdue.

Leading marine services company Orams will develop a marine haul out and refit facility, supporting commercial buildings and a residential tower ahead of the 2021 America’s Cup.

In Wellington, the entire waterfront estate from Taranaki Wharf to Clyde Quay Wharf is held by Wellington Waterfront Development as bare trustee for the Wellington City Council.

Build Wellington manager Ian Pike says the Waterfront Plan established a framework to revamp the area in 2001. Key projects include:

• Sheds 3 and 5, the oldest buildings on the waterfront, converted to restaurants/bars in the early 1990s

• Queens Wharf Retail and Events Centre opened in 1995, renamed TSB Bank Arena in 2006

• Meridian Building in the Kumutoto precinct

• Early-1900s Odlin’s building refurbished in 2005 by Willis Bond & Co.

Willis Bond & Co. director David McGuinness says: “Our most recent projects – Clyde Quay Wharf and the PwC Centre at the northern end of the waterfront – book-end the development area with challenging new builds.”

In Ahuriri, Napier, West Quay is a commercial and residential hub which references the industrial area of the inner harbour. The West Quay Waterfront Zone was introduced into Napier City Council’s (NCC) District Plan enabling the preservation of the working wharf’s character.

Established hospitality operators, working out of converted woolstores and harbour buildings, capture the year-round local and visitor trade and leverage off Hawke’s Bay’s climatic advantages.

Some of the Bay’s most seasoned commercial developers – Mackersey Development, Wallace Development and the McKimm family of the Big Save furniture empire – have embraced the quirks of Ahuriri and supported the area’s commercial spine.

In Lyttelton, the Te Ana waterfront renewal project on the harbour’s west side features an upgraded marina and will eventually incorporate a promenade, eateries and other commercial development.

Lyttelton Port of Christchurch (LPC) has developed a new 170-berth walk-on floating marina in the inner harbour, with all completed piers now occupied.

New commercial developments shore-side will embrace the area’s heritage with stage one complete – the refurbishment of an existing heritage woolstore overlooking the marina.

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