Auckland regeneration plans revealed

Authorities in New Zealand have published a notice of intent to seek private partners to deliver a social regeneration programme in the Auckland area.

The Tāmaki Redevelopment Company (TRC) has announced a procurement approach that will commence in the second quarter of 2016 to deliver a physical and social regeneration programme in the eastern Auckland suburbs of Glen Innes, Panmure and Point England. TRC is a new entity jointly owned by the New Zealand Government and Auckland Council.

The government and council have approved an approach to begin a market process to secure large scale development and investment partners, and housing services partners. TRC said the programme of work would be of interest to developers, investors, tenancy and property managers, and social service providers.

TRC will oversee the redevelopment of Tamaki’s existing social housing to unlock 7500 new dwellings over the next 10-15 years. The procurement process has been designed to use the size of the project to attract large scale partners to help achieve innovation and cost efficiencies.

The authority will be seeking partners with development and long-term investment capability to undertake the redevelopment of the existing social housing portfolio to deliver new quality neighbourhoods and housing, as well as taking ownership of the new social houses. TRC will also seek tenancy and property management partners to support the Tāmaki Housing Association, a subsidiary of TRC.

The government is currently consulting with local Maori representatives to find out how their interests may be impacted by the redevelopment of social housing in Tāmaki. The procurement process is subject to the outcome of that consultation.

No response is required for the notice of intent and further information will be available in early 2016.

For more on New Zealand's housing plans click here to read an article by Stephen Selwood, chief executive, New Zealand Council for Infrastructure Development.