News & insights

Stay informed with the latest news about the Ruakura development.

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

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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

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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

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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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Tainui Group Holdings and Port of Tauranga team up to deliver Ruakura Inland Port

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Media Release | 27 February 2020

Tainui Group Holdings and Port of Tauranga today announced they plan to develop a 50:50 joint venture to bring the Ruakura Inland Port at Hamilton to fruition within two years.

The new joint venture will take an initial 50-year ground lease to establish the inland port, and plans to start port operations at Ruakura following the opening of the nearby Hamilton section of the Waikato Expressway, currently scheduled for the end of 2021.

Parekawhia McLean, Chair of Te Whakakitenga o Waikato, the Waikato-Tainui parliament (and parent organisation of Tainui Group Holdings) said the iwi is pleased to team up with New Zealand’s largest international hub port to bring Ruakura Inland Port to life.

“It’s exciting to confirm a concrete path forward for this project of national significance which will unlock economic, social and environmental benefits for New Zealand, our region and our iwi,” Ms McLean said.

Port of Tauranga Chief Executive, Mark Cairns, says there is a strong logic to team up with Tainui Group Holdings to unlock efficiencies for importers and exporters by utilising Ruakura Inland Port.

“This new partnership adds to our strong and growing capacity to serve the Auckland, Waikato and Bay of Plenty regions. It combines our own expertise in developing and operating ports, the deep regional connections of Tainui Group Holdings and the scale and efficiencies offered by Ruakura and its road and rail connections,” Mr Cairns said.

“By enhancing the MetroPort Auckland to Tauranga rail service with calls at Ruakura, we can unlock significant environmental and economic benefits for freight customers,” he said.

Local communities will also benefit, with TGH modelling showing a potential 60,000 truck movements per year removed from the region’s roads when Ruakura is fully developed.

Chris Joblin, Chief Executive of Tainui Group Holdings, said the shared strategic interest with Port of Tauranga had become increasingly obvious as the market landscape evolved.

“This agreement brings clarity and certainty to the development of Ruakura Inland Port and signals we are open for business.  As the largest port in New Zealand, Port of Tauranga will bring world class expertise in developing and running ports,” said Mr Joblin. 

“We are excited to enter this partnership based on strongly aligned values and interests. And for our iwi, it means we can make the inland port a reality in a way that retains the underlying whenua, which will never be sold.”

“With 192 hectares earmarked for logistics and industrial uses, we expect a number of other customer conversations in progress to bear fruit in the coming months as distribution and logistics companies and manufacturers seek out a preferential location at Ruakura.”

Port of Tauranga and Tainui Group Holdings have been in talks since initially signing a rail services agreement in mid-August last year to enable Port of Tauranga’s cargo trains running between MetroPort Auckland and Tauranga to service Ruakura Inland Port.

The “golden triangle” of Auckland, Hamilton and Tauranga already accounts for around half of all freight volumes in New Zealand and container volumes are forecast to grow 60% in container volumes by 2042.

KiwiRail operates up to 86 trains per week for Port of Tauranga between MetroPort Auckland and Tauranga, carrying up to 9,000 TEUs (twenty-foot equivalent units). The route currently has unused capacity and the additional service stop will improve utilisation and reduce the number of trucks on roads.

ENDS

Notes to editor

Ruakura is a visionary logistics hub designed to help importers and exporters unlock the golden triangle. Offering genuine scale, the core of the development is a 30ha inland port which will offer direct access to major seaports via main trunk rail services and the Waikato Expressway. Complementing the inland port is a 192ha logistics and industrial precinct offering room to grow for businesses seeking a substantial footprint, and adjoining precincts for commercial, residential and retail use. Ruakura is long-term project by Tainui Group Holdings (TGH) and its business partners. TGH’s track record includes quality developments at The Base, one of New Zealand’s largest shopping centres, and hotels at Auckland Airport and Hamilton as part of the $950m diversified portfolio it manages on behalf of 76,000 Waikato-Tainui iwi members.

For further information please contact:

Port of Tauranga
Rochelle Lockley
+64 21 865 884
rochellel@port-tauranga.co.nz

Tainui Group Holdings
Sonya Haggie
+64 21 946 633
sonya.haggie@tgh.co.nz

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