Tāmaki Redevelopment Project

Overview:

• The Tāmaki Redevelopment Company (TRC) was established in 2012 and is jointly owned by the New Zealand Government and Auckland Council—it is responsible for the urban regeneration of Tāmaki, a large suburban area in east Auckland comprising 600+ hectares and multiple suburbs. 
• A consortium will be appointed to develop the land and build both private (mixed tenure) and social houses. Whilst the developer will sell off the private housing, the social housing will be transferred to a social arm of a consortium to be managed for a concession period of 25 years.
• The project includes social, economic, education and housing initiatives designed to make Tāmaki a thriving and prosperous community. It will be the biggest urban transformation in New Zealand and will be ongoing over the next 20 to 25 years.
• The project is in its first phase of development and the government has given the TRC a NZ$200 million loan facility to speed up new housing development in Auckland's eastern suburbs. 
• One of the most important objectives is to increase the number of houses in Tāmaki by building new affordable, healthy and safe homes.  The intention is to add up to 7500 homes in the area while developing quality neighbourhoods and street networks.  Another objective is to revitalise town centres, improve walking and cycling connections and reconfigure some of the parks to create more useable open space for recreation.  

Adam Majeed - Regional editor