Awakeri Wetlands Growth or Greenfield: 5 November 2024
🔍 Awakeri Wetlands Project – The Topline Numbers Behind The Development
Another area that I looked at for the submission due tomorrow was a gorgeous wetlands project in Takanini — a real asset to the area.
💰 Project Value seems to now be $100M with 90% funded through development contributions
⏳ Service Period: Expected to cater for growth until 2054
🏘️ Development Impact: In just 48 months (Aug 2020-2024):
5,556 new homes completed in the local ward of Papakura how have they calculated the demand needs, did they use 292m2 for ISA?
🤔 Key Questions:
Is this infrastructure primarily for current development or to unlock future greenfield land?
💭 The bigger picture: This project appears to be about more than just stormwater management – my on-line research got me thinking that it is potentially about transforming swampland into developable land. Should current homebuyers be funding future development capacity?
