14 | Palmerston North: Higgins Family Holdings REGIONAL DEVELOPMENT T T to page 16 Industrial Park a regional drawcard T T Richard Loader KiwiRail is progressing plans for a high-tech, intermodal freight hub, which will adjoin the park. Perfectly located on the outskirts of Palmerston North Airport, the Manawatu Industrial Park is the region’s largest and most recently developed industrial land, packed with appeal. At the heart of the development is Higgins Family Holdings, which bought 42 hectares of vacant industrial land in 2015, through its subsidiary company PMB Landco Limited. In its entireity, the business park encompasses about 60 hectares, and includes several existing industrial and commercial buildings. PMB Landco undertakes specialised design and lease projects for clients wanting to base themselves close to a road, rail and air transport hub and requiring 24-hour use of their sites. Adding to the appeal, KiwiRail is progressing plans for a high-tech, intermodal freight hub, which will adjoin the park with the aim to concurrently connect a bypass road to link everything together. “In the last ten years Palmerston North has enjoyed a real resurgence,” says Mark Gunning, General Manager for Property at Higgins Family Holdings. “While Palmerston North is away from the major centres, for an industrial/distribution hub it’s hard to beat because you can go north, east, south and west from Palmerston North very easily,” says Mark. “North Island businesses will typically have distribution bases in Auckland, Hamilton and Palmerston North and we are seeing more and more interest from Wellington businesses looking this way as well.” www.silvesterclark.co.nz Auckland, Palmerston North and Wellington. Silvester Clark are proud to be supporting The Higgins Group.
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