Tag Archives: Investment

thoughts and faces #loosematerial

My father [never a follower of the FedUp Farmers, as he deemed them; always the campaigner for removal of farm subsidies, to enhance production and market competition] had ‘stock’ phrases with which to judge the faces of female adversaries, those with little brain or spine in politics, pretenders. One adept phrase that sticks in my mind is “like a horse eating thistles” —so I look on the following with my tinted lens, and laugh, rurally (ruefully). No one target.

On 19 May @StuFleming tweeted: “Spend $200k, revenue projections of $2.4M to others, 10% margin yields say $240k net”
[minus ODT news photo of face]

[DUD ‘money hype’ typically depends on false multipliers, anechoic silences, and arrogant self-belief —this (yes) bleak statement applies across a broad range of proposed deals and associated marketing detritus in the city, especially to events, conferences, sport, hospitality and accommodation, and even the re-use (Not conservation) of truly rare and precious instances of historic heritage] Here’s to all the fricking horses out there, including hypocritical colleagues and friends with blinkers like demo balls prepared to squeeze the last dollar and pass us to Hell. Anyway, back to “the business”…. cargo cult tourism. The wider effects of tourism are like those of dairying. Too many eggs in one basket and everybody (I mean, everybody) ends up doing it badly —killing Our Place for generations. Greed, like endorphins, like a running addiction, binds them up. They think they’re bright, they think they’re enablers (read risk takers/investors centred on their own gains only), they think they’re entrepreneurs, better than others (but because I for one will tell you things you don’t want to hear, you’ll say “I’ll ring you tomorrow”, that silence again) but they’re just funneled, tunneled sheepybaas – doing it wrong. Like cows, deer, Chinese gooseberries (Kiwifruit!), wines, stadiums….. or ‘getting a room’ behind the poorly remembered, heavily made-up, Disney’d facade of our city and nationhood. The worst kind didn’t, or didn’t bother to, ‘grow up’ here. They get desperate, create mess, import other yes men. Ring you like nothing happened, their exploits —not to ask deeply madly who and how you really are.

### ODT Online Sat, 20 May 2017
Trenz prompts high aspirations
By David Loughrey
Next year’s Trenz conference in Dunedin is set to cost ratepayers $200,000, but the long-term pay-off should run well into the millions.
The Dunedin City Council will next week be given an idea of the costs to the city of hosting the conference from May 7 to 10, and also the estimated benefits. The city learned last week it would host the tourism industry event next year, bringing up to 1200 international travel and tourism buyers, media and New Zealand tourism operators to Dunedin. It will be the first time the event, run by Tourism Industry Aotearoa (TIA), has come to Dunedin and the first time it has been hosted outside Auckland, Rotorua, Christchurch or Queenstown since it began in the 1960s. Trenz is an opportunity for New Zealand tourism operators to sell their product to buyers, effectively overseas travel agents who put together itineraries for overseas tourists. Attracting more than 350 buyers to experience the tourism products on offer here is considered a huge coup. On average, each buyer sends 4000 visitors a year to New Zealand, totalling 1.5 million. It comes as figures show New Zealand’s tourism market is expected to continue to grow strongly, topping $15 billion by 2023. Tourism contributes more than $690 million to Dunedin’s economy every year.
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Meanwhile, although we (‘our stock’ NZ) and the UK farm gate look pretty much the same……

‘Herdwick Shepherd’ aka James Rebanks (@herdyshepherd1) farms Herdwick sheep in the English Lake District. Author of bestselling memoir, The Shepherd’s Life:

### ODT Online Saturday, 20 May 2017
OE to Britain set to get tougher
Prime Minister Bill English says the Conservative Party’s new plans to clamp down on immigration will sting New Zealanders wanting to live in the United Kingdom, including on the traditional OE, but there is little he can do until Brexit is completed. The British party’s election manifesto includes plans to drastically cut net migration from 273,000 to less than 100,000 by targeting students and those on working visas. It proposes cutting the number of skilled migrants to get visas, higher levies on employers who take on migrant workers and tripling the National Health Service immigration health surcharge from £200 to £600 ($NZ380 to $NZ1130) a year for those in the UK on visas of more than six months and 450 for international students. That surcharge increase will also affect those on the traditional OE, although there is no mention of scrapping the two-year youth mobility visa which allows young New Zealanders to get a two-year visa to work and travel in the United Kingdom. Mr English said the changes would affect those on their OE but they would have to grin and bear it until Brexit was completed. NZME.
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Super City mayor Phil Goff has a plan for getting money from tourists – it bears some similarity to that of the Mongrel Mob……

### NZ Herald Thu, 18 May 2017
Winston Aldworth: Seeking the smart money
OPINION What do Phil Goff and the Mongrel Mob have in common? As hundreds of travel industry figures from all around the world gathered in Auckland for last week’s Trenz conference, one of the many topics up for discussion was the Auckland mayor’s enthusiasm for a hotel bed tax on visitors to the city. Meanwhile, up north at Ahipara on Ninety Mile Beach, three German tourists were approached by two local Mongrel Mob members who told them that they were on Maori land, and had to pay koha. They also told the tourists they’d be taking a few of their cigarettes. A tobacco tax, if you will. Perhaps their plan for putting heavy taxes on visitors was inspired by the Super City mayor. Goff’s bed tax is about as blunt an instrument as the Mob’s shakedown. “Look there’s a foreigner! Let’s get a couple of bucks off them.” The airport tax introduced by John Key a year ago is equally clumsy. It’s a travesty that these tariffs are the best we can come up with for making money out of tourism. Yes, other countries put dull levies on visitor arrivals, but that’s no reason to follow suit. We New Zealanders pride ourselves on being innovators, so let’s find innovative ways to get more money out of the tourism sector. Both Goff and Key were ministers in governments that did everything they could to remove tariffs from the dairy trade. Today, the best and brightest marketing wallahs of Goff’s inner circle are putting forward a plan no more sophisticated than one devised by two Mongrel Mob members standing on a Northland beach. I’m not against making money out of tourists — quite the opposite, in fact. I think it’s terrific that our country can be boosted by an industry that encourages us to care for our environment, celebrate the things that make our culture unique and spreads revenue quickly and efficiently to the regions. But how about instead of putting a dumb tax on the visitors, we upsell them? Take their money at the gate for sure, but give them something special in return.
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Enough randomising. More rain and ice falls.

Posted by Elizabeth Kerr

This post is offered in the public interest.

24 Comments

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Gurglars visits the Delta/Noble JV subdivision at Yaldhurst

Received from Gurglars
14/02/2017 9:07 p.m.

yaldhurst14-2-17-1George Noble Rd, Yaldhurst

yaldhurst14-2-17-2Who wants to live near power lines? They run right through the subdivision.

yaldhurst14-2-17-3No one is working at Yaldy, this glass has been on the road for a long time.

yaldhurst14-2-17-5A digger strategically placed to suggest action – reality, inaction.

yaldhurst14-2-17-4The crowning glory – unbelievable, no ads for Yaldhurst sales but an ad on the property for a subdivision near Pegasus!

whatifdunedin replies:
Nearby subdivisions sold well with power lines and pylons…
Weird mentality at CHC.

That hoarding (not that old… months only) originally featured marketing for the commercial area at the Yaldhurst subdivision. Recently pasted over with Infinity’s other project.

[“Ravenswood, half an hour north of Christchurch, is being offered for sale by developer Infinity Investment Group, which says the project is too big for it.” See last note at (28.3.15) Stuff: Gloomy outlook for solar housing in Christchurch; and (9.8.16) Stuff: Work to begin on Ravenswood development after sale abandoned.]

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Received from Gurglars
2017/02/15 at 6:51 am

News Flash
The word on the street is that a well-heeled solid respectable group offered $12,000,000 actual cash, money, moolah, for Yaldhurst.
The idiotii accepted a notional nonexistent $13million from a $1000 capitalised company who have subsequently made no moves towards repair, consents, or even inspected their new purchase.
If they have inspected it, one would have thought they would clean glass from the road (been there so long it’s almost fused and embedded). Maybe they would have mowed the grass? Or perhaps they would have found the keys to the lone token digger. Having commenced these $5 dollar cleanups they may have been able to put a sign up advertising the properties.
And why is activity important to a Dunedin ratepayer or councillor?
Because honey, we do not get any money until they sell profitable sections.
That’s why the $12,000,000 cash was the only offer that the idiotii should have accepted and folks that’s why you do NOT elect Greens, flakes and dreamers, because it’s your money they have, and will enjoy wasting.

whatifdunedin replies:
Your point is well made, Gurglars. But. It’s much more complicated than that. Seller was the buyer. And we have Graham Crombie (accountant!) as middle man, we wonder who he is really working for, Gordon Stewart? Justin Prain? Murray Frost? Previously/still, Stuart McLauchlan? Who.

Posted by Elizabeth Kerr

This post is offered in the public interest.

5 Comments

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When Life as we know it erupts into Scale, Manufacturing and Transit

Productivity is a measure of how efficiently production inputs are being used within the economy to produce output. Growth in productivity is a key determinant in improving a nation’s long-term material standard of living. —Statistics NZ ….[yawn]

Since March 2006, Statistics NZ has produced a yearly release of official measures of annual productivity for the measured sector. These measures are vital to better understanding improvements in New Zealand’s living standards, economic performance, and international competitiveness over the long term. Productivity is often defined as a ratio between economic output and the inputs, such as labour and capital, which go into producing that output.

Productivity Statistics – information releases ….[ZzzZzzzz…………..]

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Viddsee Published on May 18, 2016
Changing Batteries – A Robot “Son” Couldn’t Replace The Emptiness In Her Heart // Viddsee.com
‘Changing Batteries’ is a final year animation production made in Multimedia University, Cyberjaya, Malaysia. The story tells of an old lady who lives alone and receives a robot one day. Based on the theme ‘Change’, our story tells about their relationship development with one another through time.

Viddsee Published on Feb 23, 2016
Alarm – Relatable Animation For The Mornings // Viddsee.com
The story is about a salaryman living in a single apartment. But he has a problem getting up early in the morning. He would rather die than wake up early. He decides to set many alarm clocks everywhere in his apartment so he can get to work on time. The next morning, after struggling with his alarm clocks, he barely finishes preparing for work.

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WIRED UK Published on Jul 5, 2016
Shenzhen: The Silicon Valley of Hardware (Full Documentary) | Future Cities | WIRED
Future Cities, a full-length documentary strand from WIRED Video, takes us inside the bustling Chinese city of Shenzhen. We examine the unique manufacturing ecosystem that has emerged, gaining access to the world’s leading hardware-prototyping culture whilst challenging misconceptions from the west. The film looks at how the evolution of “Shanzhai” – or copycat manufacturing – has transformed traditional models of business, distribution and innovation, and asks what the rest of the world can learn from this so-called “Silicon Valley of hardware”. Directed by: Jim Demuth

Future Cities is part of a new flagship documentary strand from WIRED Video that explores the technologies, trends and ideas that are changing our world.

BBC aired the documentary in November, with the following descriptor:

Best Documentary 2016 Shenzhen: The Silicon Valley of Hardware gives us an insider’s perspective on a system of creative collaboration that ultimately informs all of our lives.

The centre of the technology world may not lie in California’s Silicon Valley, but in the bustling marketplace of Huaqiangbei, a subdistrict of Shenzhen in China. This is where curious consumers and industry insiders gather to feast their eyes and wallets on the latest software, hardware, gadgetry, and assorted electronic goods. At the very start the film sets the scene to this fascinating technology mecca. A city populated by 20 million people, Shenzhen is the setting where advancement is most likely to originate at speeds that can’t be replicated in the States. The city’s vibrant and inventive tech work force takes over when the innovations of Silicon Valley become stagnant. The revolution may have started in the States, but its evolution is occurring in China. Working in collaboration, Shenzhen labourers craft unique upgrades and modifications to everything from laptops to cell phones. Their efforts then immigrate and influence the adoption of new products in other regions of the world. The infrastructure by which this is made possible is known as the ‘Maker movement’. In developer conferences and Maker exhibition fairs, tech geeks are encouraged to share their ideas freely with colleagues in the hopes that more open collaborations will form grander innovations. The film highlights how these attitudes stand in sharp contrast to the Western world where communications are secretive, monopolies are the norm and proprietorship is sacred. However, there are challenges faced by Shenzhen in maintaining their edge in the industry. While widely acknowledged as pioneers, Shenzhen’s prominence has faltered as the remainder of China has proven successful in their attempts to catch up. Adding to the frustrations, the government has interceded and moved manufacturing bases outside of the city. Meanwhile, figures from the world of investment financing have moved into the equation, and threatened to stifle creativity by imposing a more closed and impenetrable mode of operations.

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### dailymail.co.uk 30 Oct 2013
Ever wondered how everything you buy from China gets here? Welcome to the port of Shanghai – the size of 470 football pitches
By Daily Mail Reporter
Whether it’s the car you drove to work in, the computer at your desk or your children’s toys strewn across their bedroom floor, there’s a very good chance they have come from here. This is the world’s busiest trading port which handles a staggering 32million containers a year carrying 736million tonnes of goods to far-flung places around the globe. Stretching as far as the eye can see, rows upon rows of containers lie stacked up at the Port of Shanghai waiting to be shipped abroad and bringing in trillions of pounds to the Chinese economy in the process. It’s this fearsome capacity that has helped China become the world’s largest trading nation when it leapfrogged the United States last year.
The port has an area of 3.94 square kilometres – the equivalent of 470 football pitches. China’s breakneck growth rate in recent years has been driven by exports and manufacturing as well as government spending on infrastructure. In the last eight years alone, capacity at the Port of Shanghai has ballooned from 14million TEUs (a unit which is roughly the volume of a 20ft-long container) in 2004 to more than 32million last year. The rapid expansion was largely thanks to the construction of the Yangshan Deepwater Port, which opened in 2005 and can handle the world’s largest container vessels. That port alone can now shift around 12million containers a year.
Shanghai’s location at the mouth of the Yangtze River made it a key area of development for coastal trade during the Qing dynasty from 1644 to 1912. In 1842, Shanghai became a treaty port, which opened it up to foreign trade, and by the early 20th Century it became the largest in the Far East. Trade became stifled after 1949, however, when the economic policies of the People’s Republic crippled infrastructure and development. But after economic reforms in 1991, the port was able to expand exponentially.
Read more

shanghai-yangshan-port-01-topchinatravel-comdonghai-bridge-1-topchinatravel-comyangshan-deepwater-port-meretmarine-comyangshan-deepwater-port-embed-lyyangshan-deepwater-port-via-reddit-com

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David Carrier Published on Jan 13, 2017
World’s Biggest and Busiest Port Ever Made – Full Documentary
The Yangshan Deepwater Port is connected to the mainland by the Donghai Bridge, the world’s longest sea bridge.

Posted by Elizabeth Kerr

This post is offered in the public interest.

*Images: (from top) Shanghai Map – topchinatravel.com, Donghai Bridge – topchinatravel.com, Yangshan Deepwater Port – meretmarine.com, embed.ly, reddit-com

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Delta #EpicFail : L is for (Slow) Luggate Learner and T is for Turnip.

turnip [pinterest.com]Received from Christchurch Driver [CD]
Wed, 4 May 2016 at 12:55 a.m.

Readers, I must admit defeat. I have I think, even if I say so myself, achieved some quite good lines in my quest to succinctly describe the various acts of stupidity committed by Delta at the Noble Subdivision. But recently, an associate (probably keen to cut me down to size !) sent a piece from Fairfax by Tim Hunter, now at the National Business Review, following the Auditor-General’s report in 2014. I saw immediately I had been bested by a better scribe : He memorably described the Delta management as having “commercial acuity about as sharp as a turnip” . That I could reach such cutting brevity !! Mysteriously, no threat of defamation was forthcoming to Mr Hunter….

And as the coast is clear, to honour Mr Hunter, Delta management shall henceforth be referred to as the Delta Turnips….

Your correspondent was intrigued to read of the Lazarus like re-emergence of Luggate Park as a premium lifestyle subdivision destination of choice with prices for sections between $325,000 – $495,000. (Note, no offers are entertained – these are fixed prices say developers Willowridge !) If this goes according to plan, there appears to be a profit even larger than the reported Delta loss of $5.9M* for the enterprising Mr Allan Dippie, the latest owner of the ex Delta land.

Now, your correspondent understands that Mr Dippie may not have as many university degrees as the Delta directors, or possibly not one at all. Mr Dippie does not breathe the same rarefied directorial air as the likes of Mr Stuart McLauchlan, Mr Denham Shale and other ….directors. However Mr Dippie does know his Central Otago subdivision market very well, and further knows that land development sometimes has to be viewed long term, the way a Japanese banker views the deadbeat property loans they made in Tokyo in the 1980s that are still underwater. That is, if you still own the asset you haven’t lost anything, and time will do its work and lift values. The critical thing is to have the courage of your initial convictions, and stay the course. Yes, yes, I know, the Japanese banks are still waiting, but no waiting is required, it seems, in Luggate.

Readers, take a good long draught of Choysa : Delta had TWO choices in 2012 : Sell the land for basically nothing ($1M vs a total Delta investment of around $7M), or…wait until the market improves. Of course, Delta chose to destroy ratepayers’ funds value in a desperate attempt to show ratepayers they had “moved on” and it was all a bad dream –

If Delta had an ounce of the foresight of someone like Mr Dippie, who has been both very successful, and also very patient at times, they would have held the land. A few facts about the land – the 42 entry level sections to be sold in the next stage will be worth around $6M, added to the $9.17M of the 22 premium sections, gives a total of $16.2M. There possibly could be further sections that would increase the value, but the glass is dark on this detail.

After allowing for subdivision infrastructure and selling costs, the land that Delta sold for $1M three years ago would now realise them $9-10M. Yes readers, Delta could have made a genuine, non Aurora subsidised profit and got the civil work they wanted, at good prices. They could have even paid Mr Boult’s bank debt off, paid off the $1.935M bank loan, some interest to DCC treasury and the entire $5.5M advance and still have a bit left over.

What possessed them to act like lemmings jumping off a financial cliff ? Two words … Denham Shale. Mr Shale was the alleged heavy hitter brought in to clean up the Dunedin City Holdings Ltd (DCHL) and Delta mess after the Larsen report in 2011, along with Mr Bill Baylis and others. He knew even less about property development than the likes of Mr Ray Polson. L for Learner developers indeed. As Mr Hunter exclaimed, turnip acuity was all around. Mr Shale was of the school that says when you have a mess, a clean out, not a clean up is needed…. A clean up keeps the items that have a chance of retaining value. Mr Shale told Mr Polson to write down the value of Luggate and get shot of it in April 2012. Mr Polson, being the invertebrate mild mannered accountant he is, then parroted that line to the Delta board a month later. The rest is well known. A bath. This is all in the Auditor-General’s report, in Section 6, for readers that doubt your correspondent.

Mr Denham Shale’s legacy to the City of Dunedin is a $8-9M loss due to turnip advice (aka profoundly stupid advice) to sell land for a fraction of its cost and value. Any developer or person involved in land in Central Otago for any length of time has seen huge fluctuations in value, generally in a 7-year cycle… Your correspondent is one such person, who lays no claim to visions of the future, but who has had to hang tough for extended periods in Central Otago on various deals.

All Delta had to do was talk nicely to DCC Treasury, to explain the $5.5M advance they gave Delta was a couple more years away – they had already waited for five years, who’s counting anyway ? Make an offer to Mr Boult of his 50% share of slightly more than the $1M they received (he had already asked Delta to buy him out having seen the Delta trough was empty), and start paying interest on the $1.935M bank loan. Not difficult. But required some vertebrates.

Mr McLauchlan, Mr Shale, Mr Cameron and the other directors, yes, they all displayed “commercial acuity about as sharp as a turnip”. –How I love that phrase ! This band of Delta Directors could not grasp what to Mr Dippie is as natural as breathing – that they stopped making land a long time ago, around the time of the flood and Noah’s Ark. That people want to live in Central Otago, so therefore the land price will rise, maybe not when you think, but given time rise it will. This, Mr Shale, Mr McLauchlan, and (2014 Young Director of the year) Mr Cameron is called, SUPPLY & DEMAND. Your elementary lack of foresight and myopia has cost the City of Dunedin millions. L is for Learner, T is for Turnip. Which one applies, readers ?

[ends]

Election Year : This post is offered in the public interest. -Eds

Related Post and Comments:
30.4.16 Luggate à la Dunedin’s lad, Dippie

Auditor-General’s overview
Inquiry into property investments by Delta Utility Services Limited at Luggate and Jacks Point. Access the Auditor-general’s full report here:
http://www.oag.govt.nz/2014/delta

*The ‘Auditor-General’s overview’ states (page 5):
“Delta lost about $5.9 million on the Luggate investment and has projected a loss of about $2.8 million for Jacks Point. These losses are before tax, and Delta expects that they might yet be off set by tax credits of about $1.5 million for Luggate and about $0.8 million for Jacks Point. If so, the overall loss would be about $6.4 million.”

█ For more, enter the terms *delta*, *luggate*, *jacks point*, *auditor-general* or *noble* in the search box at right.

Posted by Elizabeth Kerr

Image: pinterest.com – turnip

4 Comments

Filed under Aurora Energy, Business, DCC, DCHL, DCTL, Delta, Democracy, District Plan, Dunedin, Economics, Finance, Geography, Housing, Infrastructure, Media, Name, New Zealand, OAG, Ombudsman, People, Politics, Project management, Property, Public interest, Resource management, Site, Town planning, Transportation, Travesty, What stadium

Luggate à la Dunedin’s lad, Dippie

L-plate [roadcodepractice.co.nz] 1

The jovial CD was driving towards Dunedin this morning…. gave me a wake-up call to foreshadow a new post pending for that old spectre : “L” for Luggate, or learner plates for Delta Directors and Mr Cameron.

Yessss. While the Noble subdivision at Yaldhurst heads for the rocks, it appears DCC Ratepayers have been doubly triply shafted at Luggate. Anyway, won’t steal CD’s thunder. He is in the offing!

Sat, 30 Apr 2016
ODT: Former Delta sections in Luggate hot property
Part of the big Luggate Park subdivision that lost Dunedin City Council-owned infrastructure company Delta $5.9million before tax in 2012 is being advertised for sale. The 22 sections in “Luggate Heights”, near Wanaka, range in price from $325,000 to $495,000, providing the owner, Willowridge Developments Ltd, with a potential gross return of $9,170,000. Similarly-sized sections at lower altitudes nearby were selling for as little as $128,000 five or six years ago.

Willowridge, owned by Allan Dippie, bought the 50ha, 160-section Luggate Park development last year from Auckland development company Dentils Ltd, which was unsuccessful in attempts to sell the sections. Dentils had bought the development from Delta and Queenstown property developer Jim Boult.

█ Willowridge Developments Ltd http://www.willowridge.co.nz/
█ LUGGATE PARK http://luggatepark.co.nz/

Luggate Park - Willowridge

Auditor-General’s overview
Inquiry into property investments by Delta Utility Services Limited at Luggate and Jacks Point. Access the Auditor-general’s full report here:
http://www.oag.govt.nz/2014/delta

█ For more, enter the terms *delta*, *luggate*, *jacks point* and *auditor-general* in the search box at right.

Posted by Elizabeth Kerr

*Image: roadcodepractice.co.nz – ‘L-plate’

6 Comments

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ELEMENTAL | UC Innovation Center

An open and eco-friendly university building.

Location: San Joa­quín Cam­pus | Uni­ver­si­dad Ca­tó­li­ca de Chi­le | San­tia­go, Chi­le
Client: Grupo Angelini | Pontificia Universidad Católica de Chile

Category Winner: Architecture
Designs of the Year 2015, Design Museum, London

Architects: ELEMENTAL (Chile)

“Santiago’s climate requires to change the conventional approach to working space design. We substituted the contemporary typical glass skin, responsible for serious greenhouse effect in interiors, for a thermal mass on the perimeter that avoids undesired heat gains. On the other hand, innovation and knowledge creation requires increasing encounters among people, so openness is desired. We multiplied open air squares throughout the building’s entire height and proposed a permeable atrium core so that while circulating vertically, people could see what others are doing. This reversed placement of opaqueness and transparency is the way sustainability and human relationships informed the form.”

Construction Year: 2012-2014
Budget: USD 18 million

CIAA_01
CIAA_06
CIAA_14
CIAA_15

ELEMENTAL (Alejandro Aravena, Gonzalo Arteaga, Juan Cerda, Victor Oddó, Diego Torres) is a Do Tank founded in 2001, focusing on projects of public interest and social impact, including housing, public space, infrastructure and transportation. A hallmark of the firm is a participatory design process in which the architects work closely with the public and end users. ELEMENTAL has built work in Chile, the United States, Mexico, China and Switzerland. After the 2010 earthquake and tsunami that hit Chile, ELEMENTAL was called to work on the reconstruction of the city of Constitución, where we had to integrate all the previous experiences. The approach we developed proved to be useful for other cases where city design was used to solve social and political conflicts. At the moment, we keep on expanding into new fields of action.

█ Website: http://www.elementalchile.cl/

Photography: Cristobal Palma, Felipe Diaz Contardo (www.fotoarq.com), Nina Vidic, Nico Saieh

Social housing, Incremental housing, Half a good house instead of a small one…. Housing as investment

Kosovo Architecture Foundation Published on Oct 8, 2015
Prishtina Architecture Week 2015, Day 4, Alejandro Aravena
Principal of Alejandro Aravena Architects, established in 1994 and, since 2006, Executive Director of ELEMENTAL, a for profit company with social interest working in projects of infrastructure, transportation, public space and housing, partnering with Universidad Catolica de Chile and COPEC, Chilean Oil Company.

He has been member of the Pritzker Prize Jury since 2009. The laureates chosen during his presence in the Jury have been: Peter Zumthor (2009), SANAA Kazuyo Sejima (2010), Eduardo Souto de Moura (2011), Wang Shu (2012), Toyo Ito (2013) and Shigeru Ban (2014). He was named Honorary International Fellow of the Royal Institute of British Architects (RIBA) in 2009; member of the Board of the Cities Program of the London School of Economics, London, since 2011; Regional Advisory Board Member of the David Rockefeller Center for Latin American Studies;

Board Member of the Holcim Foundation, Zurich, Switzerland, since 2013; Foundational Member of the Chilean Society of Public Policies; Leader of the Helsinki Design Lab for SITRA, the Finnish Innovation Fund for the Government of Finland to design a national strategy towards carbon neutrality; and Board Member of Espacio Público, an independant chilean research center created in 2012. He was one of the 100 personalities contributing to the G+20 Rio Global Summit in June 2012, and was one of the speakers of TED Global 2014 in Rio.

Aravena was recently named as the Director of the 15th Architecture Exhibition of the Venezia Biennale.

Posted by Elizabeth Kerr

ELEMENTAL housingELEMENTAL | Participatory design, social modelling for housing

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DCC: DCHL on Waipori Fund

Dunedin City Council – Media Release
Positive Result for Waipori Fund

This item was published on 22 Jul 2015

The Waipori Fund performed strongly in the past financial year while meeting key targets. The fund’s capital base for 2014/15 is above its inflation adjusted target for the first time since 2008.

The fund is managed by Dunedin City Treasury Limited, a company owned by Dunedin City Holdings Limited (DCHL). DCHL is in turn is owned by the Dunedin City Council.

DCHL Chair Graham Crombie says this is an important measure because it shows the fund’s capital base is not being eroded. “As well as a good overall return for the year, it’s very pleasing to see the fund achieve this threshold.”

The fact the fund reached the target in the past financial year was mainly due to strong equity in the bond markets and a weakening New Zealand dollar.

The market value of the investment portfolio was $81.6 million at 30 June 2015. This was a 13.1% return for the year. This return also met the income objective of exceeding the official cash rate plus the consumer price index.

The graph below shows the progress of the fund since its establishment. The fund was created from the sale of the Waipori electricity generation scheme. It provides a source of revenue for the Council which can be offset against rates.

Waipori Fund
waipori-fund

Contact Group Chief Financial Officer on 477 4000.
DCC Link

****

The distribution to council was budgeted to increase slightly over the period of the council’s 10-year plan.

### ODT Online Fri, 24 Jul 2015
DCC has no plans to spend surplus in Waipori Fund
By Chris Morris
The Dunedin City Council is celebrating a better-than-expected 13.1% jump in the value of its Waipori Fund, but has no plans to spend the bonus. […] Council group chief financial officer Grant McKenzie said the “solid” result reflected strong equity in bond markets and a weakening New Zealand dollar. […] “It’s just a funding stream for council.”
Read more

Posted by Elizabeth Kerr

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She’s right: “We are a very poor city.” —Cr Hilary Calvert

### ODT Online Mon, 27 Apr 2015
Ethical policy decision tomorrow
By Vaughan Elder
The Dunedin City Council is set to make a final decision tomorrow on whether to dump investments in fossil fuel extraction. The vote comes after councillors were hailed as visionary when they voted in favour of an ethical investment policy, which also includes divesting from investments in tobacco, arms, gambling and pornography, for the $82.5 million Waipori Fund. […] Cr Hilary Calvert, who voted against divestment last year, said she could understand why others supported the policy, but divestment was a luxury the council could not afford.
Read more

Report – Council – 28/04/2015 (PDF, 1.0 MB)
Updated Statement of Investment Policy and Objectives for Socially Responsible Investing

Report – Council – 28/04/2015 (PDF, 428.2 KB)
Waipori Fund – Report for Quarter Ending March 2015

Posted by Elizabeth Kerr

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Law Courts Hotel #sad

An institution. Great precinct and location for accommodation, what happened.
Enhance building performance, perfect for retrofitting and adaptive reuse.

Law Courts Hotel, Dunedin [wikimedia.org] 3

### dunedintv.co.nz February 19, 2015 – 5:42pm
Law Courts Hotel in liquidation
The Law Courts Hotel in central Dunedin has been placed in liquidation. The hotel’s situated in lower Stuart Street, beside the Dunedin Courthouse. It’s been placed in the hands of liquidators by the High Court. Creditors owed money by the company have until the end of March to file claims. The sole director of the Law Courts Hotel is Mornington resident Leslie Scott. A financial report on the state of the business has yet to be made public. It was formally placed in liquidation last week.
Ch39 Link [no video available]

█ Wikipedia: Law Courts Hotel [edited]
‘One of the city’s most historic public houses and hostelries, the Law Courts Hotel, is located close to the Dunedin Law Courts (the courthouse) in Lower Stuart Street, in a large corner building with an Art Deco style facade (not the original frontage), directly opposite the Allied Press Building (the offices of the city’s main newspaper, the Otago Daily Times). Listed by Heritage New Zealand as a Category II historic place (List No: 2189). The prime location of this hotel near these two premises has greatly contributed to its history, as has its longevity (having originally been founded as the Auld Scotland Hotel in 1863).’ Link

Posted by Elizabeth Kerr

*Image: wikimedia.org – ‘deco-tweaked’ by whatifdunedin

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Housing affordability in this country is “just hopeless” –Hugh Pavletich

Housing Minister Nick Smith and Auckland Mayor Len Brown announcing special housing Sept 2014 [radionz.co.nz]

September 2014. Another 17 Special Housing Areas were revealed in Auckland, under the plan to accelerate new home building – only two of them outside the suburbs. Housing Minister Nick Smith and Auckland Mayor Len Brown announcing the special housing. Link Photo: Radio New Zealand

### NZ Herald Online 9:15 AM Monday Jan 19, 2015
Property: Mad truths on home prices in Auckland
Auckland housing affordability has worsened and it remains one of the 10 least affordable big cities in the world. Auckland’s surging housing market is now only slightly cheaper than London but pricier than Los Angeles, Toronto, New York, Perth, Brisbane and Boston.

█ The latest Demographia survey (1.74 MB), released today, compares prices with incomes in 378 cities, including 86 with more than one million people.

Auckland is one of the most unaffordable places due to its high house prices and low incomes. […] Now, the median house price has climbed to $613,000 and income to $75,100, giving a multiple of 8.2 and maintaining Auckland’s top 10 spot for unaffordable major cities.
Property Council chief Connal Townsend blamed Auckland Council’s planning regulations. “We’ve got houses more expensive than LA. How is this possible? A dump in Pt Chevalier demands a million dollars, which gets you a mansion in Beverly Hills. We’ve reached the point of madness.”
Survey authors Hugh Pavletich of Christchurch and Wendell Cox of the United States criticised the Government and Auckland Council for failing to ease affordability by vastly increasing housing supply via the Housing Accord and its 80 Special Housing Areas, but said the situation was bad in other areas too.

█ Building and Housing Minister Nick Smith said housing affordability problems went back 25 years but the Government was planning additional reforms this year, particularly around the Resource Management Act.

Analysis: So … what can be done?
Auckland is extraordinarily expensive relative to incomes and rents but the solutions need to be broader than what Demographia argues on land supply, writes Shamubeel Eaqub, principal economist at the NZIER.
Read more

Auckland Housing Accord (2014)
Under the terms of the accord approved between the Government and the Auckland Council, a total of 39,000 new homes/sections are targeted for approval over the next three years. Not all of those 39,000 have to be found specifically through the accord, as the figure includes all developments that might be approved in Auckland during that period. Link

Special housing areas - expected supply. Auckland 2014-2026 [interest.co.nz]Graphic via interest.co.nz [click to enlarge]

### stuff.co.nz Last updated 09:18, January 19 2015
Auckland in world top ten for housing unaffordability: report
By Laura Walters
The co-author of a survey which found Auckland house prices exceeded those in Los Angeles says housing affordability in this country is “just hopeless”. The 11th annual Demographia International Housing Affordability Survey classified Auckland as the ninth least affordable major city in the world. Auckland is the 14th least affordable city out of all 378 cities surveyed, and has been rated as “severely unaffordable” in 11 surveys done – less affordable than Los Angeles and the Gold Coast. “It’s just not on, is it? The social injustice of the whole thing’s just dreadful. It’s screwing up people’s lives big time,” said Christchurch-based Hugh Pavletich. When the cost of housing exceeded three times people’s incomes it showed there was a “massive problem” with infrastructure financing and land supply, he said.

NZ HOUSING AFFORDABILITY DROPS
While Auckland’s house prices were extremely high, Tauranga-Western Bay of Plenty, Christchurch and Wellington were also seen in the survey as “severely unaffordable”. Palmerston North-Manawatu and Hamilton-Waikato were “seriously unaffordable”. There were no moderately affordable or affordable markets in New Zealand, according to the survey. “Housing affordability has declined materially in New Zealand’s three largest markets over the last decade.”

Westpac chief economist Dominick Stephens said the high prices of New Zealand houses had a lot to do with the tax regime being favourable to home ownership and property investment compared with other forms of saving or investment.
Read more

Tephra Boulevard and Stonefields housing development, Mt Wellington, Auckland Feb 2012

Todd Property Group with Fletcher Residential – Stonefields is a 110 hectare development at Mt Wellington, located, only 8km from the Auckland Central Business District and next to the established eastern suburbs of Ellerslie, Meadowbank and St Johns. Photo: panoramio.com

Posted by Elizabeth Kerr

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Emerson’s Brewery #Dunedin

Richard Emerson 2014-05-22_at_10_34_58_am [stoppress.co.nz]Founder Richard Emerson (via stoppress.co.nz)

█ Premium Craft Beer | Emerson’s Brewery Dunedin http://www.emersons.co.nz/

### NZ Herald Online 11:08 AM Wednesday Apr 10, 2013
Lion paid $8m for Emerson’s brewery
By Christopher Adams
Brewing giant Lion paid $8 million for Dunedin craft beer maker Emerson’s last year, according to documents filed with the Companies Office. At the time of the November takeover the Auckland-based company did not disclose the multi-million dollar price tag it paid for the South Island firm, which was founded in 1992, making it one of the most established and well-known craft brands in the country. But Lion is required to file its financial statements with the Companies Office due to its foreign ownership by Japanese brewer Kirin.
Read more

****

Emerson’s Brewery On The Move
Monday, 20 October 2014, 3:22 pm
Press Release: Emerson’s

Dunedin, New Zealand – Emerson’s, with support from Lion, has today purchased a new site in Anzac Ave, Dunedin where they plan to build a brand new spiritual home for this iconic New Zealand craft brewery. The new site will allow Emerson’s to meet increasing demand for its high quality beers whilst continuing to bring new and interesting beers to beer lovers. This is the fourth move in the Emerson’s journey and Founder Richard Emerson says the new site will be a vast improvement on the place they currently call home.
“Moving brewhouses and tanks is not new to us but this time, we want to create a place where people can touch, smell, taste and experience more about Emerson’s and its story,” says Emerson.
Emerson’s, supported by Beca who will be project managing the development locally, are progressing well with the plans for the site which will house a new brewery, warehousing, retail store and bar area where visitors can enjoy a beer matched with good food. Improved staff facilities are also a key consideration for the new development.
Lion’s Managing Director, Rory Glass says today marks the start of another exciting chapter in Emerson’s history and Lion is delighted to be able to help them reach their full potential.
“We stand by our commitment of allowing Emerson’s to continue doing what they do well – experimenting and brewing great beer and we are genuinely excited about helping Emerson’s to build a new home in which they can realise their growth aspirations now and in the future” says Glass.
Work is expected to get under way on the site in December 2014 with a target completion date for the new Emerson’s Brewery in early 2016. Final plans for the site will be shared more widely in due course but Emerson’s have extended their current lease at Wickliffe Street to cover them until the new site is fully operational.
For now however, it is business as usual for Emerson’s and the team remain focused on creating great beers for Emerson’s fans to enjoy.
Link to Scoop

****

DCC Webmap (Anzac Avenue 2006-07)DCC Webmap [click to enlarge]

Cr Hall had been in dispute with the council over access to his land for three years, after realignment of State Highway 88 during Forsyth Barr Stadium’s construction.

### ODT Online Tue, 21 Oct 2014
Brewery’s big plans revealed
By Vaughan Elder
An expanding Emerson’s Brewery is set to become a ”world-class” tourist destination now an agreement has been reached to buy a new site. The development – expected to cost in the millions – will be open for tours and house a new brewery, warehousing, retail store plus a bar and restaurant. The 22-year-old Dunedin brewery’s purchase of two adjacent pieces of land in Anzac Ave, belonging to the Dunedin City Council and Cr Doug Hall, also resolves a long-running access dispute over the land.
Read more

****

The global environment in which we operate has always meant swings and roundabouts for New Zealand goods and services.

### ODT Online Mon, 27 Oct 2014
Editorial: Swings and roundabouts
It has been a tale of two fortunes for city businesses this month. […] And as one door closes [Donaghys], another opens. Dunedin’s Emerson’s Brewery last week announced it had bought land on Anzac Ave, and would move from its nearby Wickliffe St site to build a multimillion-dollar expanded operation with a new brewery, warehousing, retail store, bar and restaurant. The company envisaged it would become a “world-class” tourist destination and the expansion would create jobs.
Read more

Emersons-1200 [3news.co.nz] 2 bwImage via 3news.co.nz

Related Posts and Comments:
2.9.13 SH88 realignment: decision to Environment Court?
3.8.13 SH88 notice of requirement [more maps]
30.4.13 DCC governance = management ?
20.11.12 DCC vs Anzide Properties decision: The road “has no legal basis”
27.5.12 SH88 realignment – information
25.5.12 SH88 realignment costs (injunction)
27.2.12 Bringing DCC, related entities and individuals to account…
23.8.11 Stadium project tangles
4.11.10 SH88 realignment for stadium disrupts traffic
21.7.10 SH88 realignment – update
7.7.10 Goodbye to great store buildings in Parry St
21.4.10 SH88 realignment – update
31.3.10 SH88 realignment
24.2.10 SH88 realignment: Are ratepayers buying the land twice?
20.11.09 Interesting. SH88 realignment.
2.9.09 SH88 realignment past stadium

Posted by Elizabeth Kerr

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DCHL financial result

NO-ONE BELIEVES TERRY DAVIES ON DVML RESULT AND FORECAST (when DVL debt is deliberately not mentioned)

Terry Davies (1) 194022

Dunedin City Council – Media Release
DCHL Annual Result for the year ended 30 June 2014

This item was published on 30 Sep 2014

The Board of Dunedin City Holdings Limited (DCHL) is pleased to report the financial result for the DCHL group for the year ending 30 June 2014.

Highlights
● Profit after tax for the group was $12.5m.
● We have distributed to the Dunedin City Council (DCC) and its subsidiaries outside the DCHL group a total of $15.7m. This has fully met budget expectations and been achieved within the policy of not borrowing to pay dividends.
● Cash from operations remains strong at $30.1m. This was after paying the budgeted subvention payments of $7.9m to Dunedin Venues Limited.
● Total borrowings across the group have reduced by $4.7m to $621m.
● The financial result for the year reflects the hard work and focus of the staff and directors of the DCHL group of companies, which is much appreciated.

Profit after tax for the group was $12.5m for the year compared to $20.5m last year. This is a solid return for the year. The main difference between the 2014 and 2013 profit resulted from the 2013 year including a write up of approximately $7m in the value of the City Forests investment.

Aurora Energy Limited had a solid year, but profit was $1m less than last year due to the mild winter in 2013. Operating cashflow remained strong and was $4.1m higher than last year. 2014 also saw the company starting to increase investment in its asset base.

Delta’s profit was at a similar level to last year ($4.4m this year vs $4.6m last year). It has completed exiting its water and civil construction operations.

City Forests has had a strong year. Profit has reduced from $14.6m to $8.3m. This reduction in profit has been due to a lower write-up in value of the City Forests investment in the current year. The company paid a record dividend to Dunedin City Holdings Limited of $5.1m.

Taieri Gorge Railway experienced a small loss for the financial year of $51,000 compared to a surplus of $39,000 achieved last year. Operating cashflow remained strong at $433,000 and was also higher than last year.

Cash from operations has remained strong at $30.1m. Cashflow is the most critical measure as it is the basis for dividends and capital investment. The solid cash generation performance has also enabled the DCHL group to lower its net debt by $4.7m over the year.

Progress has continued to be made in restructuring the governance of the group. A number of directors resigned during the year and we need to thank them for their services. We need to specifically record the service of two directors who resigned this year after serving as members of the group’s board of directors for a significant number of years. Both Ray Polson and Ross Liddell resigned as directors during the year and contributed in a significant way to the development of the DCHL group in a wide range of roles. It is with sadness that I must note the passing of Ross in July of this year.

Given the normal operational challenges facing the members of the group the board of DCHL remain positive on the outlook for the group of companies.

Contact Graham Crombie, DCHL Chair on 0274 363 882.

DCC Link

### ODT Online Tue, 30 Sep 2014
‘Solid’ results from DCC companies
By Chris Morris
The Dunedin City Holdings Ltd group of companies have delivered “solid” results, despite an $8 million drop in profits and another loss for the entity running Forsyth Barr Stadium, chairman Graham Crombie says.
Read more

Posted by Elizabeth Kerr

*Image: Ch39 30.9.14 [screenshot tweaked by whatifdunedin] – Terry Davies

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Mayor Cull’s reflections on Edinburgh #SisterCity #Junkets

Edinburgh - New Town Old Town [thathideousman.blogspot.com]

Received from Cr Lee Vandervis
Wed, 13 Aug 2014 at 11:36 p.m.

Message: I thought it might be of interest that there has been no response from the Mayor, or from anyone else regarding my criticism of the latest round of Sister City tourism as below.

—— Forwarded Message
From: Lee Vandervis
Date: Wed, 06 Aug 2014 21:10:12 +1200
To: Dave Cull, Sue Bidrose, Sandy Graham, Andrew Noone, Andrew Whiley, Chris Staynes, Doug Hall, Hilary Calvert, John Bezett, Jinty MacTavish, Kate Wilson, Lee Vandervis, Mayor Cull, Mike Lord, Neville Peat, Richard Thomson, David Benson-Pope, Aaron Hawkins
Cc: Tony Avery, Grant McKenzie
Conversation: File – reflections on Edinburgh visit.docx
Subject: Re: File – reflections on Edinburgh visit.docx

Dear Dave,

Thank you sending us your preliminary reflections on visiting Edinburgh, which I know from personal experience to be especially pleasant at this time of year.
Since being elected in 2004 I have read many similar reflections on Sister City visits all of them similarly generic.
I note that your statement “So most of our time in Edinburgh was devoted to meetings with Edinburgh arts and cultural organizations, people or institutions.” is a fair definition of tourism, unless you are heavily into sports which might not necessarily be caught by the words ‘cultural organizations’.
Your claim that you went to “reinvigorate the sister city relationship” is untenable since there never has been any vigour in the relationship, as anyone who has done years on the Edinburgh Sister City Committee will confirm. The previously overused but safer ‘breath new life into the relationship’ would also fail as it is not possible to breathe new life into a corpse.
Ditto Otaru.
I take it that Dunedin will now be hosting some official reciprocal Scottish tourists by return when the Scottish winter bites.

At least Harland pretended to come back with a viable Scottish wind power design.

Kind regards,
Lee

On 6/08/14 4:26 AM, “Quickoffice” wrote:

Hi Colleagues, Attached a preliminary report on the Edinburgh experience. Dave

Colleagues,
The following is a preliminary report/reflection on our recently completed trip to Edinburgh while it is still fresh. There is considerable detail and learnings yet to be brought together from our various meetings.

This Sister City visit to Edinburgh was timed to coincide with the opening of the NZ in Edinburgh Programme. That included a national kapa haka group being a central part of the tattoo, an exhibition by Commonwealth artists partly curated by Aaron Kriesler of DPAG and many more performances/exhibits. NZ was the country of honor at the umbrella Edinburgh Festival. Our Governor General Sir Jerry Mateparae was a guest of honor with the 2nd Lord of the Admiralty at the Tattoo opening night.
Dunedin received invitations to Edinburgh from the the Lord Provost of the City of Edinburgh, Creative Scotland and the British Council.
The visit was timed to coincide because one of the objectives of going was to reinvigorate the sister city relationship, potentially through the medium of arts and culture. This was timely as Dunedin is currently developing an Arts and Culture Strategy, our Economic Development Strategy recognises the important potential of the whole creative sector and we are awaiting confirmation of UNESCO City of Literature status. The two cities obviously already have many cultural connections, going back to Dunedin’s founding and naming by Scots.
So most of our time in Edinburgh was devoted to meetings with Edinburgh arts and cultural organizations, people or institutions. They include Creative Scotland (equivalent of Creative NZ), Edinburgh University (2 depts), Councillor convener of arts and future committee, National Museum of Scotland, Edinburgh International Book Festival, Edinburgh City of Literature, British Council, Institute of Scottish Studies, and Centre for the Book Edinburgh Napier University. We also met with the Lord Provost, attended the Tattoo and the opening of Aaron’s exhibition.
We are still processing what we learned, but a number of things made us very positive about the potential opportunity Edinburgh, and our relationship with her, could offer Dundin. First everyone, without exception, has been welcoming and has gone out of their way to engage, spend time with us and provide any information we asked for. Several organizations have express a desire to collaborate with Dunedin. One or two came to meetings with specific proposals! We have even had an approach from the Edinburgh suburb Corstorphine asking about partnering with Corstorphine, Dunedin. The bigger picture is that Edinburgh has essentially reinvented itself as a cultural/festival city. Certainly after World War II Edinburgh’s economy diminished drastically. Edinburgh was the first UNESCO City of Literature. Now festivals of various cultural complexions bring hundreds of millions of pounds into the city. Edinburgh views and defines itself as a creative, literary artistic city. So if nothing else Dunedin can learn an
enormous amount from Edinburgh’s experience across a range of initiatives. In addition there is considerable potential for collaboration and exchange between Dunedin and Edinburgh institutions, to their mutual benefit. There was emphatic interest in Dunedin performers performing in both Edinburgh and Glasgow at major events. Indeed Neville and Cara saw the Chills in Glasgow on Saturday night.
So while we have yet to fully de-brief and weigh up what we learned, it is clear that there is huge potential culturally, economically and academically for Dunedin in refreshing and developing our relationship with Edinburgh specifically and Scotland in general.

Related Post and Comments:
8.4.14 Cinderella Shanghai + 75 ugly sisters

Posted by Elizabeth Kerr

*Image: thathideousman.blogspot.com – Edinburgh, Scotland

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Otago Museum: Development plans

New star director on a spending trajectory, more user charges coming…
Remember when we just wanted our museum collections properly indexed, made searchable, accessible and displayed more readily’ —soon as possible?
Now the establishment wants expensive ‘add-ins’. But this is a great idea!

### ODT Online Sun, 3 Aug 2014
Planetarium in city’s stars?
By Daisy Hudson
Astronomers and lovers of all things galactic could soon be converging on the Otago Museum, as plans for a planetarium move ahead. The planetarium is included in plans for the redevelopment of Discovery World but has yet to be signed off by the museum’s board. […] The museum was confident it would be able to find the funding for the planetarium […] they would have a clear idea about whether the proposal would go ahead, as well as of potential designs, by the end of August. The redevelopment is set to take about two years, with a grand opening scheduled for mid-2016.
Read more

Planetarium Brussels [barco.com] Planetarium Brussels [barco.com]

Side-section of new Peter Harrison Planetarium, Greenwich [britsattheirbest.com]Side-section of the Peter Harrison Planetarium [Allies and Morrison Architects]

With close to one million visits being made to the Royal Observatory, Greenwich, and public demand increasing, the Observatory decided to attempt a spectacular development that would feature new galleries about modern astronomy and time, the Lloyds Register Education Centre, and a planetarium. “Through the avenue of trees, partially pushed into the ground, stands a bronze-coated cone, enriched by what looks like a patina of age, topped with a lens of reflective glass” (Telegraph). The Peter Harrison Planetarium opened in spring 2007. Public, corporate, and private sources contributed £15 million to the project. (via Brits At Their Best: Sharing the Inheritance)

█ For more images of planetariums, do this Google search.

Morrison Planetarium (San Francisco, Ca) screenshotMorrison Planetarium (San Francisco, California) [calacademy.org]

The Morrison Planetarium is the largest all-digital dome in the world with a 75-foot diameter projection screen tilted at a 30 degree angle. Thanks to immersive video technology, the dome seems to disappear when imagery is projected onto it, creating an experience more like flying than watching a movie.

Posted by Elizabeth Kerr

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Dunedin’s industrial land

Alistair Broad – is he having a meltdown, or what?

Why is freehold baron Earl Hagaman not mentioned in this story?

[why is DCC’s treatment of the Caledonian leaseholders vaguely referenced, not by name… ugliness alert]

Oh dear, moths flying around the noble art of leaseholding as it may hold back development – what do they want? For Port Otago Ltd and Otago Regional Council to relinquish their power and wealth? Why should they?

What have Hilary Calvert and investor friends got to do with all this? The plot thickens.

Has this really anything to do with city councillors, EMT and the City Development Team (including the shattered urban design team) using “friends” to arbitrate change in the property sector. District plan and spatial plan objectives to be met for (cough) economic development?

### ODT Online Thu, 12 Jun 2014
Businessman slams leasehold ‘parasite’
By Shawn McAvinue
Leasehold land is a ”parasite” killing development in Dunedin, property owner and businessmen Alistair Broad says. Mr Broad, of Dunedin, says property developers are reluctant to invest in Dunedin because of the large amount of leasehold land.
Read more

Posted by Elizabeth Kerr

18 Comments

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Dunedin housing

Leith Street houses IMG_8995 (1a)Leith Street student villas to Water of Leith

“Dunedin’s housing stock is older and colder than elsewhere in the country and being part of this trial ensures these issues are considered in a housing warrant of fitness.” –Rebecca Williams, DCC Events and Community Development

Dunedin City Council – Media Release
Housing WOF Trial Results Announced

This item was published on 15 May 2014

The results of a nationwide rental housing ‘warrant of fitness’ field trial have been released. More than 140 rental properties were given the once-over by home assessment experts in Auckland, Tauranga, Wellington, Christchurch and Dunedin earlier this year. The pilot aimed to test whether draft WOF checklists and methods were practical for landlords, assessors and tenants. This is the first step in a collaborative project aimed at making rental housing safer, healthier and more energy efficient. The field trial has not resulted in the immediate issue of a WOF for each home, but it is an important step towards standardising the approach to ensure the credibility of any national WOF scheme.

“This collaborative programme has given us a lot of useful information about the assessment tool and what to do next. The trial has made it clear that a rental housing WOF system would be very useful, helping prospective tenants to make a call on whether a house is safe, healthy and energy efficient, making it warmer and more comfortable to live in. Hopefully, this would mean tenants would stay in their rental home for longer, which is good for both landlords and tenants. We are also grateful for the co-operation of the landlords and tenants who took part in this worthwhile project.” –Dave Cull, Mayor

The rental housing WOF field trial involved the Auckland, Tauranga, Wellington, Christchurch and Dunedin councils, the Accident Compensation Corporation (ACC), the New Zealand Green Building Council and the University of Otago (Wellington). The trial tested a range of criteria that could potentially be included in a housing WOF. It aimed to identify aspects such as average assessment times and how to best communicate results to landlords and tenants. The assessment tool was developed by the NZ Green Building Council and the University of Otago, Wellington, with feedback and input from the five councils and ACC. The steering group behind the WOF survey trial says work is now underway to tweak the WOF checklist.

“We have received good feedback from landlords, tenants and the assessors and we are now going back to look at the checklist and criteria to make sure we have a robust and usable housing WOF for the rental market. The trial was really important so that we could gain an understanding about what is going to work for landlords, assessors and tenants. For a housing WOF to work it has to add value for the landlords and we needed to actually trial the draft WOF checklist and methodology.” –Julie Bennett, University of Otago (Wellington)

Key information gathered from the field trial and subsequent interviews includes:
● Landlords surveyed were supportive of a WOF in New Zealand.
● Landlords surveyed said that they were going to undertake work as a result of the new information from the draft WOF assessment.
● 36% of the homes that went through field trial would pass all of the draft WOF criteria with relatively minor fixes ($50 – $150 worth of materials/hardware estimated).

Examples of items that are attracting most of the attention during this testing phase are whether houses need a fixed form of heating, such as a heat pump or a wood burner, in order to ‘pass’ the WOF. Similarly, one of the requirements of the trial checklist was that all windows have stays for security and to prevent children falling out – however due to difficulties in assessing these, and landlords saying that they were not keen on security stays, the steering group has agreed to drop them from the checklist.

After the inspection system has been refined it will be presented to the participating councils for discussion. Most assessors who were interviewed after the trial said they were willing to make ‘easy’ fixes, while doing the inspections, to make homes compliant. The fixes included installing smoke alarms or smoke alarm batteries, changing light bulbs or adjusting the hot water temperature. Many homes still lack working smoke alarms – despite extensive and ongoing advertising – but the trial also found the overall condition of the homes that participated was good. About 94% of the homes inspected in the field trial did not pass at least one checklist criteria, but most dwellings failed on only a handful of the 31 inspection targets on the WOF checklist. About 36% of homes would pass all the criteria in the draft WOF checklist after just a few minor and inexpensive fixes.

In terms of the next steps for the project, the partners in the project aim to:
● Share the results of the trial, including reporting back to relevant councils.
● Get endorsement/agreement from participating councils on the next steps.
● Continue discussions with Central Government to work towards one WOF tool for NZ.
● Finalise checklists and methodologies.
● Investigate next steps for introduction of a voluntary WOF scheme.

Leith Street houses IMG_9518 (1a)Leith Street villas (1-2 storeys)

Facts and figures from the trial:
● 144 houses inspected.
● The inspection checklist looked at 31 items that covered a wide range of aspects ranging from weathertightness and insulation to ventilation, lighting, heating, condition of appliances and general building safety.
● House age ranged from 1880s to less than 10 years old
● Wide range of houses participated – from detached to apartments.
● Average time to inspect houses – 51 minutes.
● The majority of houses ‘failed’ on only a handful of checklist items.
● Top five checklist items that homes did not pass:
○ 40% of houses did not pass the water temperature check
○ 30% of bedrooms did not have a working smoke alarm within 3m of the bedroom
○ 31% of houses lacked code-compliant handrails and balustrades
○ 37% of houses did not pass the check for having a fixed form of heating
○ 38% of houses did not pass the security stays check

█ Full report at www.dunedin.govt.nz/rentalhousing-wof-pretest

Housing WOF Trial – associated information (PDF, 763 KB)

Contact DCC Manager Events and Community Development on 03 477 4000
DCC Link

****

Dundas Street terrace housing IMG_9066 (1a)Dundas Street terraces

### ODT Online Fri, 16 May 2014
Trial shows value in rental housing Wof
By Timothy Brown
None of Dunedin’s houses will pass a rental warrant of fitness if the standards used during a recent trial of scheme are applied. The inspections, carried out by home assessment experts, looked at weather-tightness, insulation and ventilation, lighting, heating, condition of appliances and general building safety.
Read more

Posted by Elizabeth Kerr

*Images by whatifdunedin (2010)

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DCC $tar-ship enterprise

DCC - nsebridge [3.bp.blogspot.com] 1bPrepare for intergalactic exchange…

More structural changes inside the council, including across its property group, are expected to be announced today by chief executive Sue Bidrose.

### ODT Online Fri, 2 May 2014
Agency given a name
By Debbie Porteous
The new Dunedin marketing agency to co-ordinate tourism, events, investment, skills and migrant promotion efforts for the city will be known as Enterprise Dunedin. Dunedin City Council […] was to form the new agency, moving Tourism Dunedin in-house, from July 1. The agency would be responsible for economic development and city marketing and consist of the council’s present economic development unit, i-Site and Tourism Dunedin staff.
Read more

Updated post 3.5.14

Grant McKenzie [odt.co.nz] reimaged by whatifdunedin 4dNew team structure unveiled
Following consultation with staff the decision was made to retain property staff as one team. A new property manager, in a lower level management position than previously, would oversee the team and report to infrastructure and networks general manager Tony Avery. However, ownership, and therefore any final decisions, of the investment property portfolio would sit with group chief financial officer Grant McKenzie.
ODT Link

Posted by Elizabeth Kerr

*Images: 3.bp.blogspot.com – NSE bridge; odt.co.nz – Grant McKenzie (re-imaged by whatifdunedin)

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Cinderella Shanghai + 75 ugly sisters

Ideal Shanghai [idealshanghai.com] 1

Agencies such as New Zealand Trade and Enterprise already did a ”fantastic” job in China. –John Christie, Otago Chamber

Dunedin was ”in the top 10” of Shanghai’s 75 sister-city relationships as a result of its relationship-building, and that provided a ”platform” to Dunedin businesses. –Cr Chris Staynes

### ODT Online Tue, 8 Apr 2014
Shanghai ‘Dunedin office’ idea debated
By Chris Morris
Dunedin could soon have a permanent presence in Shanghai as part of efforts to ramp up economic links with China, it has been suggested. The concept of a ”Dunedin office”, which already had support from the Shanghai Foreign Affairs Office, would aim to promote Dunedin’s education, tourism and business interests in Shanghai.

Otago Chamber of Commerce chief executive John Christie, the head of Project Shanghai, hoped funding could be shared between the council and those who would benefit.

The idea was discussed at yesterday’s Dunedin City Council economic development committee meeting, as councillors received a report from Otago Chamber of Commerce chief executive John Christie on the latest trip by a Dunedin delegation to Shanghai.
Read more

Posted by Elizabeth Kerr

*Image: idealshanghai.com

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Ngai Tahu featured in Wall Street Journal (12.3.14)

### ODT Online Mon, 17 Mar 2014
Ngai Tahu’s financial acumen praised
By Hamish McNeilly
The economic foresight of Ngai Tahu has won the praise of the influential Wall St Journal. The article, published last week, noted the iwi had gone from being ”impoverished, virtually landless” to one of New Zealand’s wealthiest tribes with group assets totalling $1.03 billion. Following the $170 million treaty settlement the iwi took part in a series of ”astute investments”, enabling it to restore marae and support health and education programmes for its 50,000 members.
Read more

Source:
New Zealand Tribe’s Bet Transforms Its Fortunes: The Ngāi Tahu See Their Investments Pay Off
Original article published by The Wall Street Journal; March 12, 2014
online.wsj.com – this is a paysite. You can read the whole article by Lucy Cramer of WSJ for free at USNZcouncil.org

“If you look at 15 years since settlement, this entity has done really well,” said Trevor Burt, a former executive board member of German chemicals giant Linde Group who the tribe tapped four years ago to run its investment arm. Over the past four years, the fund’s average total annual return, based on comprehensive income, was 14 per cent, beating the average 12.9 per cent annual return by the benchmark share index. –Lucy Craymer, WSJ
New Zealand tribe’s bet transforms its fortunes – posted by david at the United States New Zealand Council blogsite
March 12, 2014 Link

While you squabble, Ngai Tahu is worth more than a billion dollars, is making hundreds of millions of dollars in well placed investments, and is even outperforming well known philanthropic funds like the ones owned by Yale and Harvard. –Cameron Slater, Whale Oil Beef Hooked
Wall Street Journal praises tribe: Are you watching up north?
March 13, 2014 at 5:30pm Link

Twitter accounts:
Ngai Tahu @NgaiTahu
Wall Street Journal @WSJ

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Eiontown killing it: Plans for upmarket convention centre + NTT hot pools

Another reason to avoid fubar stadium at Dunedin for hosting your little seminar of six people. It’s all over to Queenstown….

Queenstown-Hot-Pools-artists-impression_mediaArtist’s impression of a $25 million hot pools complex proposal for QLDC’s Lakeview Holiday Park site [image via Mountain Scene]

### scene.co.nz Monday 16 Dec 2013
Tribe and Queenstown council in $25m hot pools talks
Maori tribe Ngai Tahu wants to make a bigger splash on Queenstown’s tourism scene with a $25 million hot pools complex. Today’s announcement says Ngai Tahu Tourism is in early discussions with the resort council over leasing 0.75 hectares of prime public land in the Lakeview site on Man Street. The Lakeview site is being pushed by Queenstown Lakes District Council as the preferred home for a $50m convention centre proposal, possibly linked to a casino-hotel complex to be built by SkyCity Entertainment Group. Ngai Tahu’s proposed development would include about 12 large public hot pools, four smaller private hot pools, changing facilities, a health spa, reception and retail building, and a café-restaurant. Annual patronage is projected at 300,000 to 350,000 customers. Ngai Tahu is already a major property and tourism player in the resort.
Read more

ODT: $25m hotpool plan for resort

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NHNZ development mode (new business, markets)

“It’s like the next version of NHNZ. It’s like NHNZ version 3.1 in a lot of ways, version one being when we were part of TVNZ, version two being when [former managing director] Michael Stedman took over and gave us a new lease of life, and this is another step.” –Kyle Murdoch, NHNZ

### ODT Online Wed, 27 Nov 2013
Children’s TV for NHNZ
By Vaughan Elder
Dunedin’s NHNZ is preparing to take on the likes of Disney with the launch of its own international children’s television channel. NHNZ managing director Kyle Murdoch said, in preparation for the launch of the channel next February, 54 staff were hard at work in Dunedin producing content for it. About 40 were new staff who had joined the office since the middle of this year.
Read more

● Michael Stedman, former managing director, retired at the beginning of this year.

NHNZ website (detail)Natural History New Zealand website [screenshot detail]

Wikipedia: NHNZ

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Tauranga: Office leases to cover potential losses from hotel

OH WOW, another $100M baby!!!!!!

Tauranga - carpark on Durham St [bayofplentytimes.co.nz] 1This council carpark on Durham St could be home to a long-awaited $100 million hotel and commercial building development.

### ODT Online Wed, 24 Jul 2013
$100m hotel plan for city
By John Cousins – Bay of Plenty Times
A massive $100 million building is proposed for council-owned land in Tauranga’s downtown after plans for an international hotel escalated into a combined hotel and commercial office development.
Mayor Stuart Crosby announced that negotiations between the council and Tainui Holdings, the Waikato iwi’s investment arm, had seen a substantial high-end office development added to the original plans for a $40 million hotel. The council’s ambitions for the block of land on Durham St are now only a week away from a firm direction being given on whether the project went ahead.
Tainui Holdings and its hotel operator partner, Accor group, had until July 17 to carry out due diligence and had kept the council abreast of progress.
Mr Crosby said the much larger project had been driven by the opportunity that the income from office leases would cover potential losses from the hotel: “Hotels are notorious for not making profits in their early years.” APNZ
Read more

Tauranga downtown’s emerging skyline

Recent Additions
$30m ANZ Building on the corner of Cameron Rd & Elizabeth St
$14m Sharpe Tudhope Building on the corner of Devonport Rd & 1st Ave
$21m police station, Monmouth St

Planned Additions
$1m-plus 3-storey retail & office building on The Strand’s Grumpy Mole site
$10m office building on the corner of Willow St & Harington St
$30m TrustPower head office
$67m tertiary and research campus
$100m international hotel and office development

PS. Dunedin is SO not Tauranga. The Bay is poised to boom as the fruit bowl of Asia. Meanwhile on the Taieri, Dunedin City Council lets a councillor and friends build speculative housing and a plant nursery turn into a gravelled ‘destination hub’ (without a legal water connection?) on high class soils, with impunity.

Recent Post and Comments:
25.6.13 Hotel/Apartment Tower decision to be appealed

For information on the proposed $100M ‘Dunedin Hotel’, enter *hotel* in the search box at right.

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Dunedin housing: building up or Brown-like sprawl #intensification #costlyinfrastructure

Dunedin housing [ODT files] detail 1

There was a risk that Government intervention could actually drive up house prices in Dunedin.

### ODT Online Wed, 12 Jun 2013
DCC seeks changes to housing Bill
By Chris Morris
The Dunedin City Council could be forced to open up land for development – sidestepping long-term council planning in the process – as part of a Government push to bring down house prices. The concern was raised at yesterday’s planning and environment committee meeting, as Dunedin city councillors discussed a council submission on the Housing Accords and Special Housing Areas Bill. The Bill, which is before a parliamentary select committee, would allow the Government to create ”special housing areas” in parts of New Zealand deemed to have significant housing affordability problems. Councils would be able to enter into accords with the Government to create the new zones but, if they resisted, the Bill would give the Government the power to force the creation of the new areas.

The council had been given just 10 working days from May 16 to respond, which was “completely insufficient” to allow councils and the public to assess and provide detailed feedback on the Bill, it said. ”In our view, these consultation time frames raise serious concerns about the democratic nature of our legislative process and New Zealand’s system of representative government.”

And, while the Bill appeared aimed primarily at Auckland, Dunedin could also qualify for one of the new housing areas, city councillors were warned. Dunedin could be deemed in need of a special housing area, based on criteria proposed under the Bill, council city strategy and development general manager Sue Bidrose told the meeting. That was largely because of the high population of students and the elderly, whose economic circumstances skewed the city’s housing affordability results, the council’s submission said.
Read more

Related Posts and Comments:
2.4.13 Dunedin: Developers stoop to resource consents…
29.3.13 Reykjavik, Iceland: The strongest mirror [speculative apartments]
3.3.13 RNZ Sunday Morning | Ideas: Re-imagining the Urban House
29.10.12 Govt to open up more land for houses
29.8.12 Beloved Prime Minister ‘Jonkey’ speaking #childpoverty
14.4.12 How perverse is the New Zealand housing market?
17.2.12 Salvation Army: The Growing Divide
2.2.10 “Tax codes, zoning, community boards, and financing…”
8.12.11 interest.co heats NZ housing debate – listen up
23.11.11 Last night, did John Key watch Inside New Zealand (TV3)…
26.10.11 2011 Voices of Poverty: Research into poverty in Dunedin
26.12.10 New Zealand housing, a sorry tale

Dunedin housing EveningPost 1.9.1937 p10 (teara.govt.nz] 32437-wnIn early 1937 the government provided new loan money for councils to build new dwellings to help meet a chronic housing shortage. The aim was to provide an affordable alternative to the government’s state-rental scheme. Dunedin was among the councils that took advantage of the measure, building hundreds of dwellings for private sale in suburban Clyde Hill. The first three houses were opened by Prime Minister Michael Joseph Savage in September 1937.
http://www.teara.govt.nz/en/document/32437/dunedin-houses-opened

Posted by Elizabeth Kerr

*Image: Dunedin housing (detail) [ODT files]

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Dunedin: city marketing @@@

### ODT Online on Fri, 17 May 2013
City planning single marketing arm
By Debbie Porteous
Total responsibility for marketing Dunedin to the outside world will not be transferred to Tourism Dunedin, after a series of concerns were raised about a proposal to do so.
Dunedin city councillors have decided the city’s marketing functions should still be brought into a single agency, as proposed in the council’s draft annual plan for 2013-14, but not one run by Tourism Dunedin, after concerns that would not meet the main aim of having a consistent city marketing message.
In the meantime, the status quo would remain while a steering group considered options for setting up the agency, including establishing a council-owned organisation (CCO) or the council delivering all marketing functions in-house.

Investigating a single marketing agency is one of the projects outlined in the city’s economic development strategy.

The proposal outlined in the draft annual plan was to merge city-wide marketing activities into a single marketing agency that would co-ordinate tourism, events, investment, skills and migrant promotion and attraction efforts, as well as be responsible for city branding and operate Dunedin’s i-Site. The aim was more efficient and effective marketing activity.
Read more

Report – Council – 15/05/2013
(PDF, 512.2 KB)
Marketing Agency Proposal Consultation

****

Remember when . . .

I am Dunedin launch 2001 (ODT 11.1.10) detail of photo by Jane Dawber)I am Dunedin launch, January 2001
Grainy image, just like the campaign, with ‘famous’ faces (detail from a photo by Jane Dawber, ODT)

dunedin.brand.tee 1Ben Fahy, at Idealog (October 19, 2010 @ 10:25 am): “Previous branding had been done in-house by the council, including the classic slogans ‘It’s all right here’ (often exchanged for the more comical ‘It’s alright here’) and ‘I am Dunedin’. Wisely, a slogan was avoided and Dunedin is the brand (the logo, a trendy, more contemporary gothic script that embraces the town’s Scottish heritage, is inspired by Nom-D’s now famous ‘Dunedin’ t-shirts). At the same time, the campaign is also confronting some of the engrained—and perhaps negative—perceptions of the city head on…”

Similar talking-through-a hole-in-the-neck has been rebounding ever since DCC tried to brand the city without branding the city. Confused?

Related Post and Comments:
3.3.13 Tourism Dunedin —city councillors not convinced

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New Zealand Urban Design Awards

“The importance of upfront investment in the public domain, whether by a public authority or private developer.”

### idealog.co.nz Fri, 9 Nov 2011 @ 9:24am
Auckland tops at brand new Urban Design Awards
By Design Daily team
Wynyard Quarter’s Jellicoe Precinct and the Auckland City Centre Masterplan have taken the top awards in the first-ever New Zealand Urban Design Awards, a new biennial programme that acknowledges the importance of high quality urban environments.

Jellicoe Precinct, Wynyard Quarter – Winner, Built Projects category

Wellington waterfront – Highly Commended, Built Projects category

[Images via Idealog]

Jury convenor, former New South Wales government architect Peter Mould, said they looked for projects “which established or reinforced urban initiatives and executed them with demonstrable design excellence”. “Urban design is concerned not so much with individual buildings, but with the building of a city. It’s about place making, and it’s also about the public realm.”

Mould said that if a trend emerged from the first Urban Design Awards, “it was the importance of upfront investment in the public domain, whether by a public authority or private developer. Such investment sets the agenda for excellence in the future”.

Waterfront Auckland’s Jellicoe Precinct, stage one of the development of Wynyard Quarter, was an exemplary case of agenda-setting urban design for which consultants Architectus and Taylor Cullity Leathlean and Wraight + Associates deserved congratulation as winner of the Built Projects category.

The New Zealand Urban Design Awards are supported by the New Zealand Institute of Architects, the Urban Design Forum, the New Zealand Planning Institute, the New Zealand Institute of Landscape Architects and the Property Council of New Zealand.

Joining Mould on the jury were planning consultant David Mead, landscape architect Sally Peake, deputy head of the University of Auckland’s School of Architecture and Planning, Lee Beattie, and property developer Patrick Fontein.
Read more + Images

Posted by Elizabeth Kerr

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