News & insights

Stay informed with the latest news about the Ruakura development.

Ruakura Development Update #2

Posted on:

9 April 2021

Continuing good construction weather has seen further excellent progress on the wider Ruakura precinct over the past fortnight.

The 10-hectare wetlands are now generally formed and contractor C&R is well underway with the formation of a large island in the middle of the wetland, which will eventually be criss-crossed with public boardwalks.

There are now around 65 people employed on site by the two major contractors. Cambridge based C&R (whose team includes nine women working on site) is engaged by TGH and is well advanced in forming the wetlands, and logistics west area. Next week C&R will start work to form the operations pad for the actual inland port.

Te Rapa headquartered Schick Civil Construction (which is engaged by HCC) has made strong progress in the past week with the formation of Ruakura Road West and Road 4. Personnel from C&R, Schick, HCC and TGH meet daily to ensure safe co-ordination of on-site works.

Earlier today the project team hosted M.P. for Hamilton East Jamie Strange who came to check out progress in this major development within his electorate.  Please see the pictures below:

 

Week 1 progress made by Schick Civil Construction on the Ruakura West Spine Road. 

The Road 4 swale is ready for topsoil.

 The PBT site is pre-loaded to compact the ground prior to construction.

 

 

TGH CEO Chris Joblin and Jamie Strange, M.P. for Hamilton East are dwarfed by earthmoving equipment.

Jamie and Chris near the wetland and island – which will feature a network of public walking tracks.

Leasing

Following the inaugural leasing agreement with PBT Express Freight Network for an initial 10,000 sqm announced in mid-December last year, the next significant leasing deal is very close and expected to be announced in a matter of weeks.  Beyond that, there is a long pipeline of discussions in progress with leading and large businesses at varying stages of maturity – including a significant level of unsolicited inbound enquiry.

Community

TGH, together with partners such as the Hamilton City Council and others has a community information ‘drop in’ day planned for Thursday 29 April.  This will be held at ‘The Don’ Sports Pavilion on University of Waikato Grounds at Silverdale Road from 4-7pm.

Questions or suggestions?

Please email us on enquiries@ruakura.co.nz or phone 0508 RUAKURA (0508 782 5872).

Leasing enquiry?

Richard Jefferies, General Manager Commercial, Mobile: +64 27 404 6655ruakuraleasing@tgh.co.nz.

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Ruakura Development Update

Posted on:

29 March 2021

As of 10 days ago, earthworks contractor, C&R Developments, under contract to TGH, had moved more than 330,000 cubic metres of earth to start to create the shape of the wetland and temporary and permanent ponds to store water runoff.

The clean water diversion for the new Wetland that protects the Mangaonua stream.

C&R is also working to prepare the Logistics zone where our first tenant, PBT, will be located. The construction for the PBT building is now out to tender, closing just after Easter. Excellent weather and good soil conditions to date mean the overall form of the 92-hectare site of Stage 1 will be substantially complete by the onset of Winter.

Roading

After setting up on site over the past week, Schick Civil Construction, on contract to the Hamilton City Council, is underway for the earthworks for Ruakura Road West and bulk earthworks for the road known as Road 3 and realignment of the rail crossing at Percival Road as shown below:

Questions or suggestions?

Please email us on enquiries@ruakura.co.nz or phone 0508 RUAKURA (0508 782 5872).

Leasing enquiry?

Richard Jefferies, General Manager Commercial, Mobile: +64 27 404 6655, ruakuraleasing@tgh.co.nz.

 

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Ruakura SuperHub – Shipping Gazette Feature

Posted on:

Hamilton’s leap into an expansionary decade, as one corner of the upper North Island’s much-vaunted Golden Triangle, is picking up momentum as industrial business gains in confidence.
Adding its weight to the economic impetus is the new Ruakura SuperHub development by Tainui Group Holdings.

TGH was created as the inter-generational investor and guardian of the commercial assets held on behalf of the 76,000 members of the Waikato-Tainui people.

The TGH asset portfolio includes property, hotels, fixed income (leases), primary industry (farms, forests), direct investments (Waikato Milking Systems), and equities. Over the last five years, TGH has been actively diversifying to spread risk against any sector experiencing a downturn.

An asset that has been resting on its books for 25 years is starting to emerge and of such proposed scale as to be astounding in its ambition.

The emergent 490-hectare Ruakura SuperHub is located on the eastern fringe of Hamilton with 192 hectares earmarked for logistics and industrial uses, including a planned 30 hectare inland port.

Read the full Shipping Gazette article here.

 

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TGH announces PBT as first tenant at Ruakura Superhub

Posted on:

Tainui Group Holdings (TGH) today announced that leading express freight operator PBT (formerly Peter Baker Transport) has signed as the first commercial tenant for the Ruakura Superhub, currently under development on the eastern boundary of Hamilton.

“We are delighted to welcome the PBT team to the Ruakura Superhub. We see a great fit between their rapid growth as a leading express freight operator and our aspiration for Ruakura to transform the Upper North Island supply chain. As one of the first movers, PBT have been able to secure a premium corner location also conveniently close to the inland port and the interchange for the Waikato Expressway,” said Chris Joblin, Chief Executive of TGH.

PBT has leased 10,000 square metres for an initial period of 10 years, with rights of renewal. Occupancy will commence in September 2022, following the opening of the inland port, two 800m rail sidings, local link roads and the Waikato Expressway, all scheduled to open earlier in 2022.

Mr Joblin said that TGH is well advanced in talks with several other major occupiers.

“Tenant enquiry has noticeably accelerated following recent co-funding announcements for the construction of local roads, wetlands and other public infrastructure in partnership with the Government and Hamilton City Council,” he said.

Dave Lovegrove, CEO of PBT, said the business is excited and honoured to be the first tenant to sign for the Ruakura Superhub.

“Ruakura’s location and exceptional road and rail links make it a natural centre of gravity for our network services to access the rapidly growing upper North Island region, and beyond. We are planning ahead for growth and our initial 4,000 square metre logistics facility at Ruakura Superhub will be future-proofed for expansion,” Mr Lovegrove said.

With 21 branches and more than 800 people on the PBT team, the company provides one of the most comprehensive ranges of express courier and general freight services in New Zealand – including express courier packets and parcels, general freight pallets and full truckloads and ocean and airfreight container movements.

Ruakura is amongst New Zealand’s largest developments, spanning industrial, commercial, retail and residential development areas. Located at an emerging ‘sweet spot’ for New Zealand’s supply chain, it will be anchored by a 30-hectare inland port, with the first 17-hectare stage now in development by TGH and Port of Tauranga, in a 50/50 joint venture announced earlier this year.

The inland port will be serviced by high-capacity rail and roading infrastructure, with the East Coast main trunk rail line running along the Port’s northern boundary and the new Waikato Expressway on the eastern boundary. Initially, rail services will be provided by the existing MetroPort trains running between Auckland and Tauranga.

The Ruakura precinct is estimated to accommodate 6,000-12,000 jobs once it is fully developed (in around 2060) and will have significant social and economic benefits for Waikato iwi, Hamilton, the region and New Zealand as a whole.

The Ruakura Superhub inland port and adjoining logistics hub is on track to open to early/mid 2022.

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Ruakura Superhub open for business as TGH and HCC welcome Government ‘Shovel Ready’ investment

Posted on:

7 October 2020 – Kirikiriroa-Hamilton, NZ. Tainui Group Holdings (TGH) and Hamilton City Council (HCC) have warmly welcomed the Government’s $40 million investment in a range of ‘shovel ready’ projects to help fast-track development of the ‘Ruakura Superhub’, comprising the Ruakura inland port and surrounding logistics and industrial precinct.

The investment through Crown Infrastructure Partners will take the form of a $20 million grant to be applied to public assets, roading and infrastructure and the balance by way of a concessionary loan. It was announced today by Urban Development and Transport Minister Phil Twyford, and Maaori Development Minister Nanaia Mahuta.

The Government’s investment will partially fund the critical transportation, bulk infrastructure and environmental protection works such as the Mangaonua Watercourse and a 10-hectare wetland.

These initial projects are estimated to directly create around 250 full-time equivalent jobs over a three-year period, not including jobs created by the port operation and planned logistics buildings.

Parekawhia McLean, Chair of Te Whakaakitenga o Waikato, the tribal governance entity for Waikato-Tainui, thanked the Government for its decision to invest in these shovel ready projects.

“This investment is a major statement of confidence. We thank the Government, as this confidence will rapidly flow through to our business community, wider community and our iwi. It also mirrors the significant investment from Waikato-Tainui in realising the vision for Ruakura,” says Ms McLean.

Hamilton City Mayor Paula Southgate said the Government investment provides critical support for one of the most important long-term projects for Hamilton city and the wider region, with far-reaching economic, environmental and social benefits.

“Waikato-Tainui and Tainui Group Holdings have driven this project with great vision and commitment, and I’m delighted we could partner with them on the shovel-ready application to jointly deliver enormous benefits to our city,” Mayor Southgate said.

“Today’s announcement illustrates how local and central government can work together with key regional partners to get great outcomes for our people. As a responsible council, we need to keep looking further ahead even as Ruakura develops, planning for the transport connections to keep our city moving and economy growing.” the Mayor said.

TGH Chief Executive, Chris Joblin, says the funding means the Ruakura Superhub will be fully open for business 1-2 years sooner than previously planned, bringing significant cost advantages to medium and large scale importers and exporters and offering them room to grow and reduced environmental impacts.

“With this funding confirmed we are now, jointly with HCC, moving ahead to finalise contracts and invite tenders from qualified contractors for construction work on these upcoming projects in the current earthworks season,” Mr Joblin says.

Today’s announcement follows June’s announcement of $16.8 million of funding from the PGF, which along with the shovel ready funding will unlock a total of $151 million of development projects by TGH, its Ruakura development partners and Hamilton City Council. This is in addition to the $100 million expected to be invested in logistics and industrial buildings over the next five years with the first new tenants likely to be announced shortly.

Ruakura is amongst New Zealand’s largest developments, spanning industrial, commercial, retail and residential development areas. Located at an emerging ‘sweet spot’ for New Zealand’s supply chain, it will be anchored by a 30-hectare inland port, with the first 17-hectare stage now in development by TGH and Port of Tauranga, in a 50/50 joint venture announced earlier this year.

The inland port will be serviced by high-capacity rail and roading infrastructure, with the East Coast main trunk rail line running along the Port’s northern boundary and the new Waikato Expressway on the eastern boundary. Initially, rail services will be provided by the existing MetroPort trains running between Auckland and Tauranga.

The Ruakura precinct is estimated to accommodate 6,000-12,000 jobs once it is fully developed (in around 2060) and will have significant social and economic benefits for Waikato iwi, Hamilton, the region and New Zealand as a whole.

Chris Joblin said that progress on the Ruakura project reflected the benefits of iwi, business, local and central government working together.

“We greatly value the collaborative approach with the NZ Government and Hamilton City Council. Our combined energies and resources are moving Ruakura ahead at speed as we track towards an early/mid 2022 opening for the Ruakura inland port component,” he said.

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