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Waikato Business News December Recap 2020

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 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.

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FULL STEAM AHEAD<br />

FOR CBD CONSTRUCTION<br />

HILLS APARTMENTS<br />

TRISTRAM PRECINCT<br />

THE STORY THEN<br />

June - Local developers are making the running<br />

amid a surge of commercial development<br />

in central Hamilton.<br />

Stark Properties is extending Panama Square on<br />

Garden Place while also progressing Tristram<br />

Precinct and, across the river, Hills Apartments.<br />

Tristram Precinct, which will hold <strong>Waikato</strong> Regional<br />

Council and WSP (formerly Opus), is set<br />

for completion in February. Hills Apartments are<br />

currently under construction and director Matt<br />

Stark is reporting strong buyer interest with 70<br />

percent of the first stage sold.<br />

THE STORY SINCE<br />

Construction is well underway on both Tristram<br />

Precinct and Hills Apartments. The glass install<br />

on the exterior of the building at Tristram<br />

Precinct is on track to be completed before<br />

Christmas with the full project completion set<br />

for the second quarter of 2021.<br />

The Hills Village project is ramping up with<br />

construction well under way on the Hills<br />

Apartments and over 80 percent sold.<br />

The roof structure has been lifted onto the<br />

existing Hills Laboratories building and work<br />

continues on the underground car park. The<br />

next stage of apartments is now for sale.<br />

‘MUCH<br />

NEEDED<br />

HOUSING’<br />

FOR CITY CENTRE’S<br />

DOORSTEP<br />

THE STORY THEN<br />

September - With residential land at<br />

a premium in central Hamilton, a rare<br />

development will see more than 100 homes<br />

built on a site close to the city centre.<br />

Three well known Hamilton builders are<br />

combining forces to create a mixed community<br />

beside Innes Common and just 2.5km<br />

from the centre of the city.<br />

The 4 ha site will feature two, three and four<br />

bedroom homes, with a set proportion selling<br />

below Hamilton’s average house price.<br />

The 110 house development, achieved<br />

under the now defunct special housing<br />

area legislation, brings together Anthem<br />

Homes, Golden Homes and Holah<br />

Homes.<br />

They are the joint shareholders of Quentin<br />

Residential, which is buying the Quentin Drive<br />

site off Jack House Transit.<br />

Dubbed Jack’s Landing in honour of the longestablished<br />

house moving business, earthworks<br />

will begin in November, with building to start<br />

in April and stage one completed by the start<br />

of 2022.<br />

Jack’s Landing is unusual in central Hamilton as<br />

a large tract of land zoned residential. Featuring<br />

cycle and pedestrian access to Rotoroa<br />

(Hamilton Lake), the development is set to help<br />

achieve the city council’s goal of denser living<br />

in the city.<br />

Blake Richardson, of Golden Homes, says<br />

they want the development to contribute to<br />

the council’s aspiration for Hamilton to be a<br />

compact, livable city.<br />

THE STORY SINCE<br />

Members of local iwi group Te Haa o te<br />

whenua o Kirikiriroa (THaWK) joined the<br />

Jack’s Landing development team, Jack’s<br />

House Transit representatives and contractors<br />

from Camex Civil on <strong>December</strong> 9 to bless the<br />

site and turn the first sod for the residential<br />

housing development.<br />

A karakia performed by THaWK (managed<br />

by Rawiri Bidois) was followed by Des Jack,<br />

a director in the Jack House Transit business<br />

and third generation of the family, digging<br />

up the first sod. Afterwards, he noted it was<br />

fantastic to look out at the 4ha site and what<br />

will be more than 100 houses within a couple<br />

of years’ time.<br />

Leonard Gardner, CEO of Fosters<br />

Construction, part owner of Anthem Homes<br />

MEMBERS OF TE HAA O TE WHENUA<br />

O KIRIKIRIROA (THAWK) WATCH AS<br />

DES JACK BREAKS THE FIRST SOD.<br />

and partner in the Jack’s Landing development<br />

group, said it’s exciting to get the development<br />

underway.<br />

“We’re pleased to have THaWK here today to<br />

bless the site, which will offer homes to help<br />

satisfy the high housing demand Hamilton is<br />

currently experiencing, and give the site a new<br />

purpose for years to come.<br />

“We’ve also worked closely with the Jack<br />

House Transit Ltd team since the development’s<br />

conception, so it’s great to have Des and Aaron<br />

Jack here today to honour the site’s history.”<br />

WAIKATO BUSINESS NEWS - RECAP <strong>December</strong> <strong>2020</strong><br />

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