Press

Place magazine is a celebration of finding the right environment for today’s home or tomorrow’s investment, and all the personal and unique steps that each individual takes in that journey.

We showcase some of our most exciting residential projects drawn from Todd Property’s master-planned communities and apartment projects. There’s something for everyone ranging from family living, to beachside neighbourhoods and prestige apartments.

15 Nov 2017

Stonefields Apartments - Bellus Purchasers Move In

Bellus Apartments, the latest apartment building in Stonefields, has now completed construction and all purchasers have settled on their apartments.

Residents have moved into their new moves which were built by Kalmar Construction and designed by award winning architects, Warren & Mahoney.

To view images of the completed building please visit bellus.co.nz

6 Nov 2017

Kapiti Landing - Chocks away: Major development on cards at Kāpiti Airport as planning restrictions lifted

The handbrake has come off development of 85 hectares of prime land in Paraparaumu, after Kāpiti Coast District Council eased restrictions in its District Plan.

The rule change will allow houses, supermarkets, a department store, industrial units, and multiple small food outlets to be built on land surrounding Kāpiti Airport, subject to resource consent.

The change has been criticised as potentially fracturing the district's existing town centre, and creating "chaos" on its busiest road.

Kāpiti Coast Airport Holdings, a Todd Corporation company, sought the private plan change, saying only about 40ha of its 125ha site was needed for airport operations.

The remaining 85ha amounted to "the single largest urban landholding in the Kāpiti district", the company said.

It was "a significant piece of easily developable land, owned by a willing investor, located midway between the town centre and the beach and ... easily accessible from the expressway".

Kāpiti Coast District councillors approved the recommendation by a hearing panel, which said the consent process was the best place to deal with the impacts of any development.

Coastlands mall, which would be a competitor to any new businesses, submitted against dropping existing prohibitions around the airport.

Director Richard Mansell said it was taking legal advice on whether it would appeal against the decision. It has 30 working days to do so.

Coastlands was inside the Paraparaumu town centre zone, while the airport land was outside. But the opening of the Kāpiti expressway, and relegation of the old State Highway 1 to a local road, has led to a perceived shift in exactly where the town centre now lies.

Mansell said there would be "chaos" on Kāpiti Rd, which runs alongside the airport. It already carries more than 25,000 vehicles a day, and is the busiest local road in the district.

Todd Property managing director Evan Davies said a wide corridor of land had already been reserved for future road widening along Kāpiti Rd.

The company was pleased with the decision to "remove historic and outdated planning regulations" from the airport land, he said.

"There was no opposition to our application expressed by the wider community. The main opposition came from trade competitors and their supporters."

Davies did not say how many homes could be built, but said the lifting of prohibitions in the area known as Kāpiti Landing did not allow a mall to be built.

About 52,000 people currently live in the Kāpiti district – a number that is expected to rise to more than 63,000 in the next 25 years.

Kāpiti Coast District Council senior manager Nicki Williams said there would be no sudden large-scale developments without stringent resource consent.

"That's where the traffic assessment is going to come in. Any application, if they decide they want to build a department store or a supermarket ... they will now have to go through the resource consent process."

Council strategy and planning group manager Sarah Stevenson expected the Coastlands and Kāpiti Landing sites to develop as quite different retail experiences.

At the airport zone, shoppers could go to "big box" stores, get a hamburger or pick up groceries, while the area around Coastlands would have boutique stores, where shoppers could "buy your clothes, your shoes, your make-up", and was close to community amenities.

She said case law compelled the council to drop the prohibitions and allow resource consent applications.

Kāpiti Mayor K Gurunathan said both Coastlands and Kāpiti Landing were important to the town, and needed a level playing field for development. He suggested Kāpiti Rd traffic could be eased by a new road from Ihakara St.

The NZ Transport Agency initially submitted against the plan change based on its traffic impact around the expressway interchange, but withdrew its opposition, instead seeking tightened consenting controls.

Spokesman Andy Knackstedt said the agency was "still assessing the outcomes of the decision and any potential impacts on the transport network".

BRIEF HISTORY OF KĀPITI AIRPORT

1939: At the start of World War II, the Crown compulsorily acquires the airport under the Public Works Act.

1995: The original 131-hectare block is sold to Murray Cole and three other Kāpiti businessmen for $1.6 million. Original Maori and non-Maori landowners fight for compensation, believing the land should have been offered back to them.

2004: A parliamentary select committee calls for a government inquiry into the sale. An auditor-general's inquiry found the sale process flawed, but the price reasonable.

2006: Paraparaumu Airport Holdings, headed by Sir Noel Robinson, buys the airport for "well under $40m", announcing plans for a 30-year development.

2008: Kāpiti Coast District Council approves the redevelopment application.

2012: Todd Property Group, part of the family-owned Todd Corporation, takes a 75 per cent shareholding in a new airport company, Kāpiti Coast Airport Holdings, with Robinson having 25 per cent.

- Stuff.co.nz

19 Oct 2017

Long Bay Village - New $70m seaside village and $20m road for north Auckland

Developers are building a new $70 million seaside village in north Auckland – and a $20m road to connect it.

Developer Todd Property has been building at Long Bay in north Auckland since 2010, and on Thursday, announced plans for the “heart of the community” – about 28 businesses including restaurants, supermarket and retail.

The developer was also partnering with Auckland Transport to build a road to feed into the popular Long Bay Regional Park as part of the development.

​Todd Property managing director Evan Davies said while plans for a village had always been thrown around, this was the first time they had been finalised.

“We’ve always said there would be a heart to the overall community we’re developing, but we have not previously talked about what that would look like,” Davies said.

Todd Property managing director Evan Davies, left with the general manager of land development Stephen Martin, To their right, the new Glenvar Ridge Rd will extend, to their left, will be the heart of the development, a village.

“While its primary objective is to provide that new community heart at Long Bay, given it’s a seaside village adjacent to the most popular park in the region, it will be quite a destination,” Davies said.

The building of the “$20 million plus”, roughly one-kilometre road was being funded by both Todd Property and Auckland Transport.

Once linked to a new council road, it would act as a second entrance to the regional park, alleviating the traffic queues commonly seen in the peak of summer.

“The park is an extremely popular recreational facility across the region and that level of popularity with restricted access has caused issues in the past,” Davies said.

The new road would also link to the existing Glenvar Rd and concerns had previously been raised about whether that would handle increased traffic flows.

Davies said while that fell outside the company’s development area, they would support improvements to the road and intersection with East Coast Rd.

Parts of the fill removed while constructing the road would also be used to construct a new playing field adjacent to Long Bay Primary School.

Todd’s general manager of land development Stephen Martin said there weren’t any concerns around whether the new road would be able to handle increased traffic flows over time.

“It’s been designed and built to handle the Long Bay area,” Martin said.

“And designed to handle any expansion that might happen in the future,” Davies added.

Martin expected the new road to take about 4500 vehicles per day, alleviating pressure on roads around Long Bay College and primary school. He said the cost was relatively high because the site was “geotechnically challenging”.

Davies was looking forward to the finished products.

“Overall, what we’ve taken is an unloved and unused area of existing farmland and created a major recreational destination, while housing a significant number of Aucklanders.”

In the seven years since work started at Long Bay, more than 450 homes have been built. Another 1700 are expected by 2025.

– Stuff

http://www.stuff.co.nz/business/property/97972338/70m-village-and-20m-road-announced-in-north-auckland

27 Feb 2017

Stonefields Apartments - Verto Purchasers Move In

Verto Apartments, the latest apartment building to be built in Stonefields, has now been completed and settled.

Residents have moved into their new homes which were designed by renowned architects Warren & Mahoney and built by Kalmar Construction.

Given the intense interest in Stonefields, 8km from Auckland CBD, planning is underway for for the next 2 apartment projects.

24 Jun 2016

Stonefields Apartments - Verto Sold Out

Verto Apartments by Todd Property and Fletcher Residential has officially sold out.

The 60, 1 and 2 bedroom apartments with study options, was sold out 8 months prior to its completion. Construction continues on the building by Kalmar Construction and is due to be completed first quarter 2017.

Bellus Apartments is currently over 50% sold and offers apartments ranging in 1, 2 and 3 bedroom living options. Bellus is currently under construction due for completion fourth quarter 2017. For more information visit bellus.co.nz

Todd Property is pleased with the progress at Stonefields, highligting our strong track record of the delivering of a quality product that enhance the value of the surrounding area and reflect the needs of the community.

The next release of apartments in Stonefields, located in the eastern suburbs of Auckland, is due in 2017.

SHOW MORE