January 2021 - Bay of Plenty Business News
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10 BAY OF PLENTY BUSINESS NEWS <strong>January</strong> <strong>2021</strong><br />
PAPAMOA JUNCTION<br />
IS UNDERWAY<br />
Carrus – one <strong>of</strong> the country’s biggest land developers – is now underway with<br />
development <strong>of</strong> its mixed residential/light commercial subdivision: Papamoa Junction.<br />
By DAVID PORTER<br />
Carrus is fresh from completing its successful<br />
development at The Lakes in Tauriko,<br />
and is also engaged in other major<br />
developments around the North Island, namely<br />
in Wellington and Taupo.<br />
Nearer to home base it is developing the<br />
Nga Roto Estate in Five Mile <strong>Bay</strong>, in a prime<br />
location <strong>of</strong> Taupo, which will become a modern<br />
residential development and where sales were<br />
“going berserk”, said Scott Adams, Carrus Managing<br />
Director.<br />
Adams is also Managing Director <strong>of</strong> all <strong>of</strong><br />
the company’s residential land developments<br />
and commercial development companies. He<br />
noted that with The Lakes now finished, there<br />
was a strong desire to push ahead with Papamoa<br />
Junction, which has been owned by a Carrusmanaged<br />
entity for the last 11 years.<br />
“The problem with Tauranga is that it’s<br />
very difficult to secure developable land,” said<br />
Adams. “It’s either unavailable or if it is available,<br />
it’s unaffordable,” he said.<br />
“Every block that we’ve looked at [locally]<br />
in recent times is constrained in some way,<br />
whether it’s because <strong>of</strong> restricted access, poor<br />
zoning, covenants that prevent further subdivision,<br />
or natural hazards like flooding and liquefaction,<br />
or simply the cost <strong>of</strong> the land.<br />
“If it wasn’t difficult enough for developers<br />
to have all those things going against us, there’s<br />
also the RMA [Resource Management Act],<br />
which has morphed into a bipolar piece <strong>of</strong> legislation<br />
that is long overdue a serious reform.<br />
“Is it an environmental act or is it an urban<br />
development act? Time has shown that it cannot<br />
successfully be both. If Tauranga has any<br />
chance to grow and thrive then the current gov-<br />
Turn to page 12<br />
The problem with Tauranga<br />
is that it’s very difficult to<br />
secure developable land<br />
– it’s either unavailable<br />
or if it is available, it’s<br />
unaffordable.” – Scott<br />
Adams
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