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Local Matters - Hibiscus Matters letters

Not surprised Al Weeks, Ōrewa The recent article on cost overruns on Penlink (HM June 16) must have raised a few eyebrows or even some computer rage. Actually, I don’t think there is any great mystery here. If we look at the numbers, the average cost escalation for a while now has been roughly 10 percent a year to build pretty much anything. I don’t know when the estimate for $400 million came in but let’s just say it takes seven years from ‘hey that’s a great idea – how much?’ to ‘I now declare this road open – snip’. This means that the original $400 million is now roughly $800 million. Add to this cost some fish hooks, these are ‘good grief there’s a big swamp in the middle that we didn’t see’. So, guess what? You have a billion-dollar project, and the only way to reduce this is to cut out the red tape and build it as fast as you can.

Local Matters - Public outcry heard by Coast apartment block developer

Public outcry heard by Coast apartment block developer The height and bulk of these buildings, right, angered Stanmore Bay residents and those objections have been taken into account in the latest design, above. Both perspectives are from Ozone Rd. The apartment blocks planned for a prominent site in Stanmore Bay have been substantially redesigned following community feedback. Over the years there have been a number of residential apartment designs proposed for the site, on the corner of Brightside Road and Ozone Road (behind  Whangaparāoa New World) – first by developer Rick Martin and currently by former Conservative Party leader Colin Craig, director of Ozone Ltd, in his first foray into property development.

Local Matters - Hibiscus Matters letters

Local Matters - Hibiscus Matters letters
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