| 31 T T Rosa Watson Park crucial for growing BOP region The 148ha Rangiuru Business Park sits 40km from Tauranga in a consented industrial zone. Quayside Holdings: Rangiuru Business Park DEVELOPMENT Quayside Properties Ltd proudly presents, as lead investor, the Rangiuru Business Park. Our focus is on delivering a modern, high-quality industrial park with a connected vision – both to multi-modal transport networks (road, rail, sea) as well as to our community. Providing highly sought after industrial land, the 148-hectare Rangiuru Business Park also offers quality options for relocation or expansion. Offering larger parcels of land, the Rangiuru Business Park has a range of land packages available for sale as well as leasing options. Mark Hatchman Development Manager enquiries@rangiuru.co.nz Stage 1A titles will be released in 2024 so get in touch now. Unlocking potential within the Bay of Plenty, the Rangiuru Business Park provides unparalleled and connected access to international markets through multi-modal transport links (TEL, direct road, bus, cycle) as well as rail corridors to the Port of Tauranga. Firmly located within the “golden triangle” the Park is ripe for thriving industry wanting to expand or relocate. The 148ha Rangiuru Business Park, sits 40km from Tauranga in a consented industrial zone at Rangiuru. “The vision is for a modern, future-focused, and high-quality business park,” Quayside Holdings’ Development Manager, Mark Hatchman says. “This development is an enabler for a connected industrial site, something that we need in our region. It symbolises partnership and respect – as part-owner and lead developer, we are working alongside iwi and multiple stakeholders to bring this vision to life. “As the investment arm of the Bay of Plenty Regional Council, Quayside is committed to supporting regional growth and intergenerational prosperity - something we believe will be delivered in spades through the Rangiuru Business Park development.” The Park will be developed in four stages with Quayside installing significant bulk infrastructure to service the Park and future-proof for further growth. This includes building a $60 million motorway interchange, kickstarted with a $18 million contribution from the Provincial Growth Fund (PGF), major civil works, wastewater, water reservoirs, road upgrades and power. There will be a 50-hectare stormwater and wetland development, with retained stormwater helping create a thriving wetland. Quayside is also supporting Mana Whenua with a native nursery set-up that will provide locally grown plants to the Park and wetland. “Quayside is striving to achieve sustainable outcomes, along with respecting the whakapapa and mauri of the whenua as we partner with iwi,” Mark says. Stage 1a titles are expected to be released in mid 2025. Mark said there has already been significant interest from regional and national businesses in holding tenancy within the Park. “We are flexible in how the land is sold in Stages 1a and b, meaning we can be responsive to the needs of future owners or tenants in terms of the size of the land parcels.” The SmartGrowth Industrial Land Technical Study (2023) and the Housing and Business Development Capacity Assessment (HBA, Market Economics (2022) had showed more industrial land was needed to cater for expected long-term future growth of the region. “In order to unlock greenfield opportunities and support the redevelopment and intensification of existing urban areas, significant investment is required in infrastructure - something that Quayside is supporting through the inception of this project.” He says every development project had its challenges, and the Rangiuru Business Park was no different. The weather has been an obvious challenge this year to the earthworks programme, and keeping to schedule. However, recent good weather has allowed for continued earthworks alongside getting the site ready for the interchange beams to be put in place in late August. “A significant milestone and vision indicator of what’s to come with this future-focused, connected park.” “As the investment arm of the Bay of Plenty Regional Council, Quayside is committed to supporting regional growth and intergenerational prosperity - something we believe will be delivered in spades through the Rangiuru Business Park development.”
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