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Waikato Business News | March 1, 2024

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Connect - Grow - Inspire - Represent<br />

8 MAY <strong>2024</strong><br />

Fosters – thriving at 50<br />

CONTINUED FROM PAGE 1<br />

Gardner cites the 44,000<br />

square metre APL five<br />

star green rated factory at<br />

Hautapu, near Cambridge,<br />

as one of his highlights in<br />

the past decade.<br />

It came out of one of those<br />

relationships Fosters value.<br />

“The end product is<br />

absolutely beautiful,<br />

outstanding. There was a lot<br />

of trust both ways in the<br />

process.”<br />

Another more recent<br />

highlight is Union Square in<br />

Hamilton, once a car yard,<br />

now a partnership between<br />

Foster Develop, Ebbett<br />

Group and Imila Ltd.<br />

The second of five<br />

buildings in the complex<br />

recently opened on the<br />

corner of Anglesea, Hood<br />

and Alexandra streets.<br />

Eventually there will be<br />

23,000 square metres of<br />

office space.<br />

That project, the highprofile<br />

<strong>Waikato</strong> Regional<br />

Theatre, Renal Centre at<br />

<strong>Waikato</strong> Hospital and other<br />

developments are enough<br />

to keep Fosters “profitable<br />

and sustainable” during<br />

what is another downturn<br />

in the construction industry<br />

coming so soon after the<br />

disruption of Covid.<br />

“The whole landscape has<br />

changed. I empathise but<br />

we’ve got to get on with it,”<br />

says Gardner.<br />

Shortages in the industry<br />

have been a killer for several<br />

companies.<br />

“There’s always a solution,<br />

you’ve got to find it. You’ve<br />

got to think differently.”<br />

There is another APL<br />

building to do at Hautapu<br />

and a couple of potential<br />

commercial projects which<br />

he would not divulge.<br />

“We’ve just got to wait for<br />

the market to correct itself.”<br />

Gardner, who was born<br />

in Rotorua and moved to<br />

Hamilton when he was 13,<br />

is married to Denise and the<br />

couple live in Raglan. Not<br />

for the surfing “I wish,” he<br />

says.<br />

The couple have three sons<br />

who have all left home and<br />

like their father attended<br />

Hamilton Boys High School.<br />

Gardner keeps recharging<br />

himself through innovative<br />

projects, his involvement in<br />

the Fosters trust and other<br />

ventures. He is proud of<br />

the company’s journey, his<br />

role in it and the succession<br />

planning in place.<br />

You have to work at<br />

Fosters to own shares.<br />

“It helps that personal<br />

engagement and ownership<br />

decisions,” particularly<br />

when all its business is in the<br />

<strong>Waikato</strong> and Bay of Plenty.<br />

“We’ve got 14 shareholders<br />

across the Fosters group<br />

and their average age is mid<br />

30s so that’s a pretty good<br />

succession process plus<br />

we’ve got the best people.”<br />

Like site manager Stu<br />

Miller who has worked for<br />

Fosters since 1984, when he<br />

started as an apprentice, and<br />

is the longest serving staff<br />

member.<br />

He was acknowledged<br />

at the 50th anniversary<br />

dinner as was director and<br />

shareholder Ross Pacey who<br />

retired after 24 years with<br />

the company. Pacey joined<br />

Wade and Ian Sanders in a<br />

panel discussion about the<br />

company’s history.<br />

Key alumni, past<br />

shareholders, clients,<br />

business partners and<br />

current staff were all on<br />

hand to celebrate.<br />

And so too was Gardner,<br />

front and centre again with<br />

that effervescent smile which<br />

has become his signature at<br />

any Fosters’ event.<br />

Socialising at the end of another successful project, Fosters’ Leonard Gardner, centre, with Hamilton<br />

City Council’s Blair Bowcott, left, and Cambridge architect Antanas Procuta, right.<br />

<br />

Photo: Mary Anne Gill.<br />

Guests at the 50 th anniversary dinner at Claudelands Event Centre.<br />

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DROP IN HELP SESSIONS<br />

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