Izone Now NZ’s largest industrial park
Further re-zoning makes Izone NZ’s largest
industrial
park
The
180-hectare Izone industrial hub just south of Christchurch
continues to grow in national significance after a Selwyn
District Council resource consent hearing approved the
rezoning of a further 49 hectares of rural
land.
Izone’s development manger, Robin Hughes, says
the re-zoning means the industrial development which is
currently valued at $60million is now New Zealand’s
largest.
“We are not aware of any other industrial
park type projects which have this amount of land zoned and
where services and infrastructure can support the entire
land resource being brought into development
.”
Located on State Highway One at the junction of
the Midland and Main South trunk rail lines, 90 hectares has
been developed attracting landowners and tenants that
include The Warehouse, CRT, PGG Wrightson Seeds, Westland
Milk Products, Agriseeds, DesignLine, and many more.
Manufacturing, warehousing and distribution companies
dominate the site as do several large agribusinesses which
have been quick to capitalise on Canterbury’s growing
international reputation as a food basket – growing and
processing high value agricultural products.
“Being
an expansive greenfields project, Izone is a great platform
for industry to establish new fit for purpose facilities
that are capable of maximising these new opportunities,”
says Hughes. “It provides a cost-effective environment –
affordable land prices, no development contributions and a
low rating structure.
“Adding to this we can
facilitate industry clustering that encourages the sharing
of knowledge and leveraging of resources to stimulate
product innovation and market competetiveness.
“Undoubtedly this is the way the world is going
and, sadly, the lack of development in the Christchurch
industrial sector over the last decade or so has left us
with a stock of outmoded and inappropriate
buildings.”
Izone’s success has contributed to
growth in the wider Selwyn District which is now the fastest
growing teritorial authority in the country. Owned by the
Selwyn District Council on behalf of ratepayers, Izone is
managed by respected South Island property development firm
RD Hughes Devlopmenst Limited. “Izone is becoming an
increasingly important part of the South Island economy,”
says RD Hughes director Robin Hughes.
“We are now
fully prepared to take advantage of the economic benefits
presented by various large infrastructure developments in
central Canterbury,” he said, referring to the recent
granting of consents for Central Plains Water irrigation
scheme and the construction of the Christchuch Southern
Motorway.
The Central Plains Water (CPW) irrigation
scheme was granted consent in June to take water from the
Waimakariri and Rakaia Rivers and irrigate much of the
Selwyn District’s fertile central Canterbury Plains. Work
is expected to start within the next two years with the
scheme predicted to increase farm productivity sufficiently
to see the local economy grow by more than $1 billion
annually and create more than 700 food-processing jobs.
Mr Hughes says as a direct result of the CPW decision several processing companies approached Izone and are currently in discussions about how they will best meet the predicted growth.
Construction of stage one of the Christchurch
Southern Motorway began earlier this year and is scheduled
for completition in 2013. The $140 million motorway will
bypass much of Christchurch’s southern suburbs. The final
stages will ultimately provide a direct four-laned link
between Izone and the Port of Lyttelton which will
substantially reduce the the 45-minute drive between the two
locations.
A separate roading project – the
four-laning of the southern section of Christchurch’s
western ring route – is also under construction. This
project along with the Christchurch Southern Motorway, is
also expected to reduce the 20 minutes it takes to travel
between Izone and the Christchurch International
Airport.
Mr Hughes says that it is no coincidence that
corporates, both national and global are enquiring about
Izone. “Think of the layering up of benefits – a pivotal
location for the growing agribusiness sector, the capability
to tailor land outcomes and cluster businesses, a
competitive cost structure and we’re zoned and otherwise
good to go.”
#
ENDS