BAY OF PLENTY BUSINESS NEWS SEP/OCT 2018

Capstan Cl
Capstan Cl
Petariki Way
Kissling Te race
NEW RELEASE
THE LAKES
BAY OF PLENTY BUSINESS NEWS September/October 2018 15
Pyes Pa Road
Pakanga Grove
Te Ranga Memorial Drive
Pakanga Grove
Kihona Rise
Pyes Pa Road
Whakaturou Crescent
Kamokore Glade
Whakaturou Crescent
Hoani Lane
Four 14
Cafe
ACG
School
Omapere Lane
Go Big Sky at The Lakes
Bridgewater Way
Fremont Way
Bridgewater
Village
Barometer Way
Bracken Mews
Mortlake Heights
Benmore Crescent
Penetaka Heights
Rotomanu Place
Kahuparere Crescent
Te Ataiti Lane
Matepu Crescent
Kahuparere Crescent
Te Ranga Memorial Drive
Penetaka Heights
Puhirake Crescent
Materawaho Way
Puhirake Crescent
Puhirake Crescent
Penetaka Heights
Okataina Street
Huria Vista
Kiritiana Close
Manotini Way
Tamihana Avenue
Te Ranga Memorial Drive
Materawaho Way
To Tauranga City (8mins)
Mount Beaches (15mins)
Lanyard St
Askew Lane
Bulkhead Lane
Lake Taurikura
North Bay Rd
Tuaia Street
Paimarire Lane
Penetaka Heights
3J/3K releases
Tauriko Crossing Shopping Centre
out The Lakes, there was nothing
on the scale of the vistas
available at the new Summit
releases.
“At this point in our
development, home-owners
will be moving into a curated,
coordinated living space
where everything is at their
fingertips.”
The Lakes was the first
large-scale private housing
developments under the
Western Bay’s SmartGrowth
policy, which has encouraged
collaboration between councils,
developers and builders
to ensure that needed infrastructure
keeps pace with new
housing expansion.
The Tauranga City Council
says SmartGrowth provides a
unified vision, direction and
voice for the future of the
western Bay of Plenty as it
helps develop a great place to
live, learn, work and play.
The policy takes into
account a range of environmental,
social, economic and
cultural matters, and identifies
opportunities for building the
community.
“We were the first cab off
the rank under SmartGrowth,”
says Scott.
“I would say we’ve exceeded
our requirements. There has
been great cooperation from
councils, and it’s been a strong
partnership.
“There is no way you could
do a development this size
without a positive relationship.
It’s the only way.”
The history of The Lakes
goes back over a decade. The
area was originally two dairy
farms. Grasshopper Farms,
which secured the rights to
develop the project in 2003,
began the earthworks a couple
of years later and had the first
titles on the market with titles
by 2007.
However, after the slowdown
caused by the Global
Financial Crisis in 2008,
Carrus Properties took over
the development in 2012, as
it was moving into Stage Two
and Three.
“Confidence was beginning
to return to the market,
and Carrus was able to bring
in flexible terms for builders
to meet the pent-up demand
for housing,” says Simon
Maxwell, who has been
involved with the development
since its inception.
“When Carrus Properties
first got involved we were still
in the GFC and there wasn’t
much focus on development.
“But most the builders had
kept their powder dry and were
sitting on their hands waiting
for the signal for things to take
off again.”
VARIETY OF HOUSING
OPTIONS
One of the key elements of The
Lakes is the varied nature of
the development, says Simon,
with a range of property sizes
MORE THAN A DECADE and housing types from small
Build the home of your dreams with views like these...
OF DEVELOPMENT town houses, to much larger of needs.”
NEW RELEASE - Stage 3J
Bridgewater Way
Fremont Way
Bridgewater
Village
THE LAKES VILLAGE
The Lakes Village opened just over a year ago. There
was always provision for a special commercial zone
within The Lakes. However construction of The Lakes
Village did not occur until there was a sufficient number
of residents to support it.
The anchor tenants are Four Square and the Maud Bar
& Restaurant, complemented by Spudz Fish & Chip
House, The Lakes Clinic physio, The Lakes Pharmacy,
Pyes Pa Doctors at The Lakes, and the Turkish Kebab
Shop. The Lakes Sales Office is also located in the
Shopping Centre.
Barometer Way
Bracken Mews
Mortlake Heights
Benmore Crescent
Pyes Pa Road
Penetaka Heights
Rotomanu Place
Kahuparere Crescent
Te Ataiti Lane
bespoke homes.
The decision from the
beginning was to work with
Enjoy an enviable “Summit” lifestyle at The Lakes and capture views that simply can’t
be beaten. Our Spring release features 48 elevated sections offering extensive views
toward the Kaimais, Kaitemako Hills or to iconic Mauao. Don’t miss out, sections at
The Lakes are highly sought after, so act now to secure the best address in town!
10 minutes to Tauranga CBD
15 minutes to Mount Maunganui
45 minutes to Rotorua CBD
Boulder Lane
Caslani Lane
Shopping
Vi lage
El esmere Cl
Foley Grove
Lakes Boulevard
Kennedy Road to Tauriko Crossing
Shopping Ma l
Awataha Crescent
Awataha Crescent
Rochfort Crescent
Paiawa Way
Nikorima Mews
Conniston Way
Lakes Boulevard
consultants Harrison Grierson
to ensure that there are substantial
recreation spaces,
playgrounds, walking and
cycling trails throughout for
play and exercise.
And of course there are
the man-made lakes dotted
throughout the development,
which are popular with kayakers
and model boat hobbyists.
Another feature is a series
of street art sculptures that
embody the evolution of The
Lakes, which extends for some
five kilometres.
“You can live anywhere
in Stages 1, 2 or 3, and there
is great connectivity,” says
Simon.
“We are primarily focused
on developing a great neighbourhood.”
The Lakes works with some
25 builders and there are a mix
of show homes available for
Matepu Crescent
Kahuparere Crescent
Te Ranga Memorial Drive
Penetaka Heights
Puhirake Crescent
Pakanga Grove
Materawaho Way
Te Ranga Memorial Drive
Omapere Lane
Penetaka Heights
Puhirake Crescent
Puhirake Crescent
Okataina Street
potential buyers to view.
They can also acquire a
bare land plot and work with
their own architect to develop
their own home.
“We have flexible covenants
to accommodate a range
of housing typologies,” says
Simon.
“We’re not targeting one
demographic - we want to
create a whole community of
housing from terraced housing
to large standalones.
“There are options for
everyone. This way we’ve
been able to develop a mix
of typologies, avoid the cookie-cutter
look some suburbs
have, and cater to a wide range
The Lakes originally had
provision for around 2000 lots.
When Carrus Properties took
over there were around 1300
lots to still be developed, and
there are almost 100 - mostly
larger - premium lots still to
go in the latest final Summit
releases.
Scott Adams says The
Lakes’ success reflects the
strong track record Carrus
Properties brought to the
development.
“It’s the perfect storm: a
strengthening economy over
recent years, along with the
growing attraction of Tauranga
and the Western Bay as a place
to live and work, have made
48 Premier Sections
this a very successful development.
“Everything came together
- the master planning, the
Pyes Pa Road
Pakanga Grove
Kihona Rise
infrastructure, the collaboration
with our stakeholders,
who all say The Lakes development
has been a privilege
and a pleasure to be part of.”
Huria Vista
Kiritiana Close
Whakaturou Crescent
Manotini Way
Kamokore Glade
Whakaturou Crescent
Tamihana Avenue
Hoani Lane
Te Ranga Memorial Drive
Petariki Way
Four 14
Cafe
Kissling Te race
ROTORUA
ACG
Scho
Materawaho Way
Lanyard St
Askew Lane
North Bay Rd
Tuaia Street
Paimarire Lane
To Tauranga City (8mins)
Mount Beaches (15mins)
Bulkhead Lane
Lake Taurikura
Penetaka Heights
Tauriko Crossing Shopping Centre
TAURANGA
CROSSING
SHOPPING
CENTRE
Boulder Lane
Caslani Lane
Shopping
Vi lage
El esmere Cl
Lakes Boulevard
Rochfort Crescent
Conniston Way
Lakes Boulevard
Awataha Crescent
Nikorima Mews
Visit our Information & Sales Centre
for more information on this release
Foley Grove
Awataha Crescent
Paiawa Way
Kennedy Road to Tauriko Crossing
Shopping Mall
The Lakes Information & Sales Centre, located on Caslani Lane I Open Sunday to Friday 11am to 4pm
0800 THE LAKES I P: 07 543 1730 I E: sales@thelakestauranga.co.nz I www.thelakestauranga.co.nz