Property

Urban Development Authorities on the way

Faster urban development is needed to solve housing market pressures so the government will be establishing specific authorities to enable it.

Tuesday, February 14th 2017

Building Minister Nick Smith announced today that public consultation on legislation to fast track the redevelopment of urban areas is now underway.

The move comes in a bid to better meet current housing and commercial growth pressures.

New Zealand needs Urban Development Authority (UDA) legislation to enable faster and better quality regeneration in our major cities, Smith said.

“These new authorities need the power to assemble parcels of land, develop site specific plans, reconfigure infrastructure and to construct a mix of public and private buildings to create vibrant hubs for modern urban living.”

The UDAs, which will support the National Policy Statement on Urban Development, are part of the Government’s solution to Auckland’s growth pressures over housing and infrastructure.

Smith said the UDAs would enable major redevelopment projects like those proposed or under way in areas such as Hobsonville, Tamaki, Three Kings and Northcote to occur three to five years faster.

“The international experience in cities like London, Melbourne, Sydney, Toronto and Singapore is that UDAs can create vibrant, new suburbs, with greater gains for housing, jobs and amenities than through usual incremental, piecemeal redevelopment.”

The key to the success of UDAs is in how they interact with councils and businesses, he said.

“We are proposing a model of UDAs which requires the support of both central and local government, and one that maximises the role of the private sector in development.”

UDAs were first suggested by the Productivity Commission in 2015.

They are now set to become part of the Government’s arsenal of reforms that are intended to grow housing supply, particularly in Auckland.

Smith said the growth of New Zealand cities has historically been dominated by new greenfield developments on the perimeter of our cities.

“This reform is about providing new tools to enable redevelopment of existing areas in cities like Auckland and Wellington in a way that provides more housing, better infrastructure and a stronger community.”

The Government’s discussion document and more information can be found here

Consultation on the proposed UDA legislation closes on 19 May.

Read more:

Speeding up housing development 

Councils must open up land to match growth 

Comments

No comments yet

Unity First Home Buyer special 3.99
ICBC 4.25
SBS FirstHome Combo 4.29
Co-operative Bank - First Home Special 4.35
TSB Special 4.39
Co-operative Bank - Owner Occ 4.45
ANZ Special 4.49
ASB Bank 4.49
SBS Bank Special 4.49
Unity Special 4.49
Westpac Special 4.49
Westpac Special 4.45
SBS Bank Special 4.49
BNZ - Std 4.49
Kiwibank Special 4.49
TSB Special 4.49
AIA - Go Home Loans 4.49
ANZ Special 4.49
ASB Bank 4.49
Co-operative Bank - Owner Occ 4.49
ICBC 4.59
Wairarapa Building Society 4.59
SBS Bank Special 4.99
Westpac Special 4.99
ICBC 4.99
BNZ - Std 4.99
AIA - Go Home Loans 5.15
ASB Bank 5.15
Co-operative Bank - Owner Occ 5.19
ANZ 5.39
TSB Special 5.39
Kiwibank Special 5.39
Kainga Ora 5.49
SBS FirstHome Combo 3.44
AIA - Back My Build 3.54
SBS Construction lending for FHB 3.74
CFML 321 Loans 4.25
Co-operative Bank - Owner Occ 5.30
Co-operative Bank - Standard 5.30
ICBC 5.39
Heartland Bank - Online 5.45
Kiwibank - Offset 5.80
Kiwibank 5.80
ANZ 5.89

More Stories

Another swipe at property investors

Thursday, October 30th 2025

Another swipe at property investors

Labour’s capital gains tax of 28% on residential and commercial property won’t deter investors who invest for cashflow, Nick Gentle, iFind Property founder and buyer’s agent says.

Capital gains tax almost irrelevant – English

Monday, October 20th 2025

Capital gains tax almost irrelevant – English

Former Finance Minster Bill English says the days of guaranteed capital gains in the housing market are over,

Thursday, October 09th 2025

New rules for meth contaminated houses

REINZ welcomes regulation of methamphetamine contamination in rental housing.

Spending confidence low and likely to fall further

Thursday, September 18th 2025

Spending confidence low and likely to fall further

More than 40% of households who took part in the latest Westpac McDermott Miller Consumer Confidence say their financial position has deteriorated over the past year.