The Guardians of New Zealand Superannuation, the manager of the NZ Super Fund, welcomes the decision by Independent Commissioners acting on behalf of Auckland Council to rezone the site of a proposed community development south of Beachlands in Auckland. 

The NZ Super Fund, alongside Russell Property Group and partners, Ngāi Tai ki Tamaki, and Hāpai, have been working on a plan to enable the development of residential housing, associated infrastructure and amenities around the waterfront site currently occupied by the Formosa Golf Course.    

NZ Super Fund Head of Direct Investment Will Goodwin says the positive decision is a major step forward for the project. 

“In Beachlands we saw a large-scale opportunity to invest locally that met both our commercial mandate and our sustainable investment criteria,” says Mr Goodwin. 

“This project is a chance for us to help bring to life a high-quality urban development project that will create tangible social benefits for the region, with best-in-class environmental mitigation and supporting infrastructure.”  

“The project is an example of our SuperBuild model for infrastructure investment in practice”. 

Beachlands South Limited Partnership’s announcement  

Private Plan Change 88 for Beachlands South granted  

Master-planned development proposed for Beachlands South provides for new schools, coastal walkway, village centre and new housing 

The owners of the proposed Beachlands South development, Beachlands South Limited Partnership (BSLP), is delighted that the independent commissioners have granted its application for a private plan change (PC88) to enable the development. 

Development manager and Russell Property Group managing director Brett Russell says the project team is pleased that their thorough planning and commitment to a sustainable, first class development has been recognised in the decision.  

“This ruling for urban development in Auckland is one of regional significance,” he said. “It reflects many years of careful considered planning and work with key stakeholders and the Beachlands community by our multifaceted, local and international project team. 

“We are delighted that this care and attention to detail, and the comprehensive nature of our application, has been recognised by the independent commissioners in their findings,” he said. 

“We will continue to work closely with the Beachlands community, Ngāi Tai ki Tamaki and wider connections within the Auckland region as we move forward.” 

The proposed Beachlands South development is for a 15-20 year development of 307.2 hectares of coastal land near Pine Harbour in East Auckland that includes the Formosa Golf Course.  

 “Beachlands and the wider Auckland region stands to benefit from master-planned, high quality urban development at this site,” said Mr Russell.  

 “Since the 1930s, the Beachlands area has developed and grown in an ad hoc fashion. This master-planned development offers an opportunity to complete the expansion of the coastal community in a coordinated way offering modern, sustainable, high-quality housing choices and lifestyles supported by new infrastructure, including improved water management, improved roading public transport services, new schools and a coastal walkway”. 

Mr Russell said Beachlands South was a long-term development that would sustainably contribute to Auckland’s need for new housing, as well as more self-sufficient urban communities with a lower carbon footprint. 

Learn more about Beachlands South at https://beachlandssouth.co.nz/