Tauranga City Council has announced the sale of the Marine Precinct at Sulphur Point, guaranteeing its future in bringing significant economic benefit to the wider community.
Speaking at the New Zealand Fishing Federation Conference in Tauranga, Commission Chair Anne Tolley says the sale of the precinct will allow significant development to be progressed, while other related investments in city wharf facilities would provide positive outcomes for the marine sector and the community.
The Marine Precinct is non-core business for Council, which acknowledges further development and management of the site sits best with a private company.
Anne Tolley.
As part of the sale, the purchaser is required to develop the balance of the Marine Precinct with the intention of establishing a purpose-built marine service facility to provide a base for the region's marine sector.
“The sale of the Marine Precinct and development of the facility will bolster Tauranga’s marine industry, while bringing new business and opportunities to the city,” Anne says.
“Over the coming years, this will see Marine Precinct activities focus more on very high value work, such as superyacht maintenance and refits, with some traditional activities such as berthage for our fishing fleet moving to new, purpose-built facilities tailored specifically for their needs.”
Following consultation for the Long-term Plan, funding was put aside to invest in marine facilities, highlighting the significance of this opportunity for the city's future development.
“That investment will provide modern, efficient and safe facilities for our fishing fleet and its crews, with improved berthing options, better provision for essential services like ice plants and refuelling and designated areas for unloading catch, helping to ensure catch freshness and faster turnarounds.
“The planned replacement of Fisherman’s Wharf close to the city centre will not only provide benefits for the fishing fleet in terms of operational convenience but will also foster a stronger connection between the fishing industry and the local community,” Anne says.
The sale of the Precinct has been welcomed by the region’s economic development organisation Priority One.
Nigel Tutt. Photo: Salina Galvan Photogrpahy.
Chief Executive Nigel Tutt says the new marine facilities, including the significantly upgraded Marine Precinct, will create additional economic opportunity for the city.
“This investment will provide Tauranga with substantial economic benefits; encouraging investment in the city and our marine sector, providing facilities for local businesses to expand, and creating high value jobs for our community,” Nigel says.
12 comments
Lets hope
Posted on 31-05-2024 08:41 | By earlybird
they didn't sell it for $1.00
The Master
Posted on 31-05-2024 09:45 | By Ian Stevenson
WOW - TCC ratepayers have sunk tens of millions into this black hole (like many others).
I notice that there is no idea of how big the loss at sale is?
Where is the Consultation
Posted on 31-05-2024 10:27 | By bigted
A harbour-side prime piece of real estate is to be lost forever to private ownership. Very stealthiliy without consultation, this is our land that council is selling off to private enterprise. It should have been redeveloped into a park for harbourside recreation for us all.
What about a long term lease instead of a sale?
A sad day for Tauranga.
How Much?
Posted on 31-05-2024 10:32 | By QuietObserver
I think the Council need to be transparent and let the ratepayers know what the value is of the Precinct is and how much it has been sold for - only then will ratepayers be able to agree or disagree as to whether it is a good deal.....
Hmmm
Posted on 31-05-2024 12:28 | By Let's get real
How many more asset sales to pay for the vanity projects...?
I've never considered a council as being deceitful and dishonest before, but the backroom and backdoor deals going on at the moment are contemptible.
The Master
Posted on 31-05-2024 14:19 | By Ian Stevenson
No consulting when started or sold...
Nothing when being sold, just lies, lies and more lies ex TCC
Dodgy Business
Posted on 31-05-2024 16:15 | By wayjan
No transparency/mention of the sale price or who the purchaser was, nor was there any public consultation (that I am aware of). Dodgy Council Business as per usual?
Never was viable
Posted on 31-05-2024 16:33 | By JFL
The loss will be massive, the marine precinct was never commercially viable unless associated with marine retail, which severely compromises freight access to the container terminal. Given modest use and absence of much greater potential you can be pretty sure the loss will be well hidden.
Yeah, right!
Posted on 31-05-2024 18:04 | By aratonga
How about some figures instead of soft-soap from the Dictators?
The Marine Precinct has not been a hive of activity lately so why should it suddenly pick-up now. The suspicion must be that it has been sold for a song to finance what Hmmm has rightly labelled "vanity projects". Ma Tolley speaks of "our fishing fleet" - what presumption! Just indicative of the patronising attitude we have suffered from over the last 3 years.
Surprise surprise
Posted on 02-06-2024 10:17 | By o0motorhead0o
Anne Tolley selling off more of our assets!
Typical of an ex national politician...I wonder if it's been sold to one of her cronies!
I suppose they have to pay for ripping up a perfectly good park and carpark to create more space for the homeless to hangout.
@Let's Get Real
Posted on 02-06-2024 14:05 | By morepork
I was looking for a word to describe my feelings when I read this, and you have provided the perfect one: "contemptible". For exactly the reasons you described.
Another Black hole identified
Posted on 04-07-2024 14:36 | By Watchkeeper
Built at a huge cost over run
Operated at a annual loss since day1
Sold for how much... losses cover or increased by sale price a giveaway of valuable assets
Purchased by: local buyer, foreign investor, Anne Tolley cronie??, China CCP?? Putin???
Leave a Comment
You must be logged in to make a comment.