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Waikato Business News May/June 2018

Waikato Business News has for a quarter of a century been the voice of the region’s business community, a business community with a very real commitment to innovation and an ethos of co-operation.

Waikato Business News May/June

MAY/JUNE 2018 VOLUME 26: ISSUE 5 WWW.WBN.CO.NZ FACEBOOK.COM/WAIKATOBUSINESSNEWS D-Day for Peacocke Plan to develop Hamilton to the south gets the go ahead. By RICHARD WALKER A three-decade wait is set to end, with the much-delayed development of Peacocke on Hamilton’s southwestern outskirts poised to get a 1000-home boost alongside the Waikato River. Peacocke family spokesman Mark Peacocke. Hamilton City Council gave the long-awaited Peacocke development the thumbs up in its Long Term Plan deliberations on May 31. The massive project was approved unopposed A majority of the 2000 plus submitters to the plan backed Peacocke over Rotokauri as the preferred option as Hamil- The Amberfield development from the north. ton’s next major suburb. The Amberfield development - the first stage of Peacocke - will mark a major advance for the area, which was handed to Hamilton by Waipa District Council for potential development almost 30 years ago. It will also open up 2.8km of river frontage for the public, with low-speed roads and cycling and walking paths. In a further boost, Alpine Retirement Group is planning a retirement village north of Amberfield that would accommodate 370 people. Meanwhile, more homes are set to be built in the Dixon Road area on the western side of Peacocke. All up, Peacocke could take about 8000 houses, which represents an important potential component of Hamilton’s growth equation - one forecast puts the city’s population climbing to 225,000 in the next 25 years. The Amberfield masterplan, unveiled in May ahead of resource consents being lodged, shows the 105ha residential block site alongside Waikato River will include four neighbourhoods and 23ha of open spaces and reserves. It will also have a neighbourhood centre to provide for up to 10,000 sq m of retail and commercial uses. Mark Peacocke, spokesman for the local family behind the development entity Weston Lea, says the site will help accommodate Hamilton’s population growth. The Peacocke family has farmed in the area since the 19th century, and still has a dairy farm there. “As part of the next chapter for this productive working farm, we are strongly committed to ensuring that every care and consideration is taken to create a highly liveable community that contributes to Hamilton’s future,” he says. The developer will fund several million in infrastructure necessary to service the development including bridges across a gully to the Continued on page 3 Why Cambridge thrives and attracts such great businesses. Page 28 together with Industrial Land available for Design Build Lease & Industrial Warehouses for Lease More information refer Page 10 Theo de Leeuw 027 490 3248 Sean Stephens 027 478 1669 Aaron Donaldson 027 755 7522 | P 07 850 5252 | Cnr Victoria & London Streets, Hamilton Monarch Commercial Limited MREINZ Licensed Agent REAA 2008

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