Articles tagged with Kiwi Property

Costco's Expansion Plans Bring Economic Boost to New Zealand Shoppers

2 hours ago | 28 views

US supermarket giant Costco is planning to open a second store in South Auckland, welcomed by Economic Growth Minister Nicola Willis. The Government is facilitating quick approvals for new supermarkets through legislation and working closely with Costco for efficient consenting processes. Kiwi Property has agreed to sell land for the new Costco store, expected to boost the economy, create jobs, and enhance competition for shoppers.

Tags: Nicola Willis Costco New Zealand South Auckland Kiwi shoppers Economic Growth Minister Kiwi Property Drury Auckland’s economy construction jobs

Fast-track Approval for $1.45B Drury Metropolitan Centre Development in Auckland

4 days ago | 78 views

Infrastructure Minister Chris Bishop has welcomed the Fast-track approval of the Drury Metropolitan Centre development project in Auckland, projected to inject over $1.45 billion into the economy and create 3,420 full-time jobs. The project includes residential, commercial, and community spaces, with significant government investments in infrastructure like new train stations and road upgrades in the area. The Fast-track process aims to address infrastructure deficits, boost housing supply, create jobs, and improve the efficiency of project approvals through the Fast-track Approvals Amendment Bill.

Tags: Chris Bishop Auckland Drury Metropolitan Centre Kiwi Property Holdings infrastructure expert panel major metropolitan development project residential commercial.