Timaru District Industrial Land Demand Assessment
Timaru District Council
Kapiti Coast District Council Employment Land Assessment
Kapiti Coast District Council
October 2015 - Ongoing
New Plymouth Retail Economic and Industrial Land Demand Assessment
New Plymouth District Council
July 2016 - Ongoing
Property Economics were engaged by Timaru District Council (TDC) to undertake a high-level assessment of forward industrial demand for the Timaru market to determine the longer term industrial land requirement of the District. This research was designed to better inform Council’s strategic planning and District Plan review processes.
- The primary purpose of this report was to provide a sound economic foundation for TDC to assist their decision making relating to Timaru’s industrial land provision at a District level by assessing the current industrial market and to determine the net additional industrial land requirement to meet the future market needs (in hectares) of Timaru.
Engaged by Kapiti Coast District Council (KCDC) to undertake analysis of the current and business land provision (excluding retail) in Kapiti. The base document for this assessment was the Property Economics 2012 Employment Areas Study, with the component of that report focusing on the future business land requirements of most relevance.
This updated assessment focused on gaining a more nuanced understanding on the current Kapiti Coast business land market and locales (drivers, trends, secular breakdown and future requirements) as a pathway to considering the future growth implications and how best to cater for the future business land requirements of the district to assist in KCDC’s proposed district plan development.
- Property Economics have been engaged by New Plymouth District Council (NPDC) to undertake a retail economic assessment of New Plymouth’s commercial centre network and commercial market (current and future), with a specific focus on the Central Business District (CBD).
- This analysis provided robust base data and economic enquiry that assisted in understanding the core market that New Plymouth operates in, both currently and over the foreseeable future. It assessed the quality and ‘pitch’ of the centre provision and composition of the New Plymouth District market, identified which activities and sectors were critical to its functionality and future performance, and highlighted emerging trends in the retail and commercial markets that would influence how the market operates in the future.
- Furthermore, this report assessed movements in retail expenditure flows, quantified future growth in the market, and identified opportunities or potential within the wider New Plymouth commercial centre network.
Rotorua Spatial Plan Economic Analysis
Rotorua District Council
Nelson/Tasman Economic Business Land Demand Forecasting
Nelson City Council and Tasman District Council
Queenstown Lakes District Plan Review
Queenstown Lakes District Council
July 2016 - Ongoing
Property Economics were engaged by Rotorua District Council (RDC) to undertake an economic assessment of the District’s residential and business markets (current and future), and subsequent land requirements to provide a greater level of understanding of the implications of Rotorua’s projected growth over the period to 2048 from a strategic planning and long term Spatial Plan perspective.
The economic analysis in the report was designed to provide an integrated land use approach to the Rotorua Spatial Plan, and provide an understanding of how each of the property sectors individually influence and interrelate to each other in a cumulative context i.e. the level of residential growth has implications for the growth profile of retail demand, labour force participation rates, industrial and commercial growth, and the growth in the Rotorua economy as a whole. This provided a more complete picture of the planning implications for Rotorua’s long-term growth prospects.
- Property Economics were engaged by Tasman District Council in conjunction with Nelson City Council as a joint venture project to undertake an economic assessment of the business activity and land requirements (current and future) within the two territorial authority areas, with a specific focus on identifying the scale of future demand across the business sectors, industrial and commercial land requirements and how best to cater for projected future growth in an economically efficient manner. This information platform was then utilised to develop an interactive business demand model for the districts.
- Property Economics were initially engaged by Queenstown Lakes District Council (QLDC) to undertake a review and rebuild of their DCM (Development Capacity Model). Property Economics’ role has expanded to evidence relating to industrial, commercial and retail policies and objectives and well as specific plan changes. As well as this Property Economics has presented evidence for Council in relation to residential density objectives and economic considerations including appropriate site sizes, cost benefit analysis and economic implications of various policy responses.
The development of Queenstown’s DCM has entailed assessing the theoretic capacity under residential zones and then translating this into enabled or viable capacity through market indicators. The model will estimate the number and type of feasible residential units for the market through the life of the DP.
Hamilton City District Plan Review
Hamilton City Council
Christchurch Replacement Plan - Commercial and Industrial Chapter
Christchurch City Council
Waimakariri District Development Strategy
Waimakariri District Council
- Property Economics provided the entire economic analysis and justification for the Business Chapter of the 2nd Generation Hamilton City Council District Plan. This represented a complete change in strategic direction from the previous Operative District Plan and a major restructure of the District Plan’s policy settings. PE’s economic approach and interpretation has stood up to all scrutiny during the Council hearing and Environment Court processes, with the new PDP now Operative.
- Property Economics were engaged by Christchurch City Council to provide economic analysis estimating demand and supply of commercial, retail and industrial floorspace and land requirements through to 2051 and the appropriate siting of such activity to provide the necessary market intelligence to assist in the formulation of the new Commercial Chapter to the pRDP.
In particular, the economic analysis involved providing a robust platform for the development of an appropriate planning framework and suite of provisions in the context of the RMA and higher order objectives of the pRDP Strategic Directions Chapter and aspirations of the city. Property Economics’ modelling, approach and analysis successfully stood up to intense scrutiny throughout the IHP process and was a ratified source document for the Business Chapter.
- Property Economics were engaged by Waimakariri District Council (WDC) to undertake a retail market assessment of the District’s current and future retail and commercial environments. This report was designed to assist Council with the formulation of a new District Development Strategy (DDS) for Waimakariri in relation to retail matters and longer term community retail requirements.
The commercial and retail research and analysis will provide robust base data and economic enquiry to assist in better understanding the core market drivers of the District’s retail market, both currently and over the first half of this century. It will assess the quality and ‘pitch’ of the centre provision and composition of the Waimakariri market at present, identify which retail activities and sectors are critical to its functionality and future performance, and highlight emerging trends in the retail and commercial markets that will influence how the market may operate in the future.
Furthermore, this report will assess current movements in retail expenditure flows (inflow and leakage), quantify future growth in the market, and identify opportunities or potential for the District within the wider commercial centre network.