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Goodman pitches development to Christchurch City

Goodman this afternoon presented its proposal to Christchurch City Council for a retail and office development in Cashel St.

Goodman general manager Peter Dufaur was involved in the presentation.

When asked by NBR ONLINE which Goodman entity he represented, Mr Dafaur says he wears several hats.

He is employed by Goodman Property Services, a division of the manager of the listed Goodman Property Trust.

But he also provides services to Goodman Group, which often acquires property to on-sell to the trust.

Goodman is competing with a rival development plan by Ocean Partners, some of whose members own the property titles within the targeted site.

According to Ocean Partners director Tim Howe, the property is not designated for compulsory acquisition.

This would mean that if the Goodman proposal was favoured it would require special intervention of some kind by the Canterbury Earthquake Recovery Authority or Earthquake Recovery Minister Gerry Brownlee to wrest the properties from their current local owners.

Another possibility is that Goodman might offer to buy the properties at prices that would be too good to turn down.

The way Mr Howe paints the picture, his group’s plan achieves most of the aims of the central city blueprint rebuild requirements.

Most signficiantly, it provides a development which allows local commercial property owners to reinvest their money in their own city.

Mr Howe says the Goodman plan is also problematic because it requires an additional piece of land stretching towards the Avon River, which would require closure of Oxford Tce and changes to the reserve status of the riverbank.

Normally, this would require public consultation.

Under new resource consent processing rules, the city council must process the resource consent applications lodged by the two groups within five days.

c.hutch@clear.net.nz

More by Chris Hutching

Comments and questions
6

Both plans are flawed and should never see the light of day. You don't build a great city this way. You might build a regional centre that Albanian citizens would nod approvingly to but nothing that constitutes a cool, urban space to live, work and spend time in. Christchurch needs to grow up.

There is not enought detail in this article for you to make such a comment.

Have a read here:
http://www.rebuildchristchurch.co.nz/blog/2012/11/press-business-rebuild-news-crunch-time-for-central-city-blueprint

And here:
http://www.stuff.co.nz/business/rebuilding-christchurch/7962654/Rivals-vie-for-Christchurch-retail-spots

There will be many more "insurgents" presenting possibilities into the fabric of the great city of Christchurch and it will need and require a qualified adviser to guide any decision. Christchurch is very capable of growing up if only given the chance to recall where it came from and then it can decide where it needs to go. The people who will eventually be the driver for its success/failure will not come from the past demographic lists but from their psychographic expectations.

Give the job to Bob Jones - he's got some great ideas including making a large lake where the CBD can be built around...

Bob Jones' idea hits the mark - innovative and a desirable place to live and work. Who would not want to be part of the city?

http://www.listener.co.nz/current-affairs/lake-district-christchurchs-cbd-rebuilding-prospects/