Hi *|FNAME|*, Please find below Urban Development News from the media from the week of 28 November 2017
Minister commissions stocktake of New Zealand’s housing crisis
Housing and Urban Development Minister Phil Twyford has commissioned three of New Zealand’s leading experts to provide an independent stocktake of the housing crisis.
Land purchase unlocks opportunities for Avondale town centre
A site that has been vacant for 15 years has been purchased to support the regeneration of Avondale’s town centre. The site, on the corner of Great North Road and Racecourse Parade, has been purchased by the city’s regeneration agency Panuku Development Auckland.
Whau Local Board Chair Tracy Mulholland says that securing the site unlocks significant opportunities for the upgrade of the town centre.
“The site will be incorporated into the plan to enliven the town centre which will introduce new open spaces, the development of a community facility and implementation of a retail strategy that will attract new businesses,” says Mulholland.
'Lego' hotels coming as developers chase cheaper, faster builds
With more than 11,000 hotel rooms planned or under construction, developers are eyeing up modular building systems to save time and money.
Colliers International's national director of hotels, Dean Humphries, said modular hotels were inevitable because traditional construction costs ranged from $300,000 to $500,000 per hotel room, depending on the level of services and amenities offered.
"It's very expensive, we're talking $5000 to $6000 per square metre to build, and that's excluding land costs.