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Prime Minister to open fast tracked Kaiapoi Development-H...

The first greenfields development approved under the Canterbury Earthquake Recovery Act will be opened today by Prime Minister John Key when he joins over 200 invited guests to mark the official opening of Silverstream Estates in Kaiapoi. The Government approved the development, which will include up to 1115 sections, using its earthquake powers in November 2011. Since then, infrastructure development and construction has commenced, site preparation for the initial stages is well under way, and the first stage of the new community has all but sold out. Section titles for Stage One are expected in the next few weeks, with purchasers able to commence building on site now. Silverstream Estates developers John Hayson and Fred Rahme say the speed of the development to date is testament to the focus and commitment of all the parties involved, including CERA, the Wiamakariri District Council and Environment Canterbury. "In just five months, we have gone from what were quite literally greenfields to an emerging community, ready for new residents to make a start on a new home," says John Hayson. "This wouldn't be possible without the dedication of all the parties who have made every effort to make this possible - working closely together at every stage to achieve a great outcome for Canterbury." "All the usual processes have been followed and requirements met - but in a fast-tracked framework. The way everyone has worked together with a great deal of goodwill has made this a shining example of what can be achieved when people are working together for the good of the community." Today's official opening will take place on Silverstream Boulevard, at the bridge over Silverstream. The waterway will form an important part of the community, with stone beaches and a wooden jetty enabling residents to enjoy the streamside environment, and a network of pathways and a fitness track running along its banks. The new community will also feature a large village green, dedicated play areas and pocket parks, as well as a convenience shopping area and office space. Fred Rahme says although the development has taken place at an accelerated pace, a key part of the process has been engineering the land to ensure every section meets TC1 or TC2 earthquake standards. "Every section we sell will come with its own individual geotechnical assessment, produced at our cost. And we will guarantee every section will have TC1 or TC2 compliance - because we are comprehensively engineering and preparing each site to achieve this standard," says Fred Rahme. "We believe this is the only way to provide certainty to all our purchasers about their building costs - we are taking the unknown out of it." "We are setting the benchmark that home owners deserve. After all these months of uncertainty, they deserve nothing less than a guarantee of safe land to build on and costs they can plan for as they start their new future." Many of the new residents now have home plans approved by the developer ready for Council submission and a large number of homes are expected to be completed by Christmas. "This is a great start for our new residents, for Kaiapoi, and the wider region - and a great example of what can be achieved for Christchurch, " says John Hayson. "We'd like to sincerely thank everyone involved - from the Government, ECAN, CERA and the Council, to everyone who has worked tirelessly on the development to get it to this stage."  (Apr 29, 2013 | post #1)

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Red tape slashed in wake of quake-John Hayson

As two other major but less significant quakes hit in June and December, 2011, Hayson’s company Silverstream Estates took on the task of meeting the needs of dislocated Kiwis. Think of the challenge. The CBD was extensively damaged and still requires major reconstruction of infrastructure and buildings. Tens of thousands of homes have been so extensively damaged that they have been placed in a “Red Zone” meaning that that underlying land is unsuitable for rebuilding. When the underlying land is “Red Zoned”, the government offers to purchase the land and buildings at the most recent government valuation. Those residents affected must then build or purchase another home elsewhere. The New Zealand government responded by setting up the Canterbury Earthquake Recovery (CERA pronounced Sarah) Authority. Gerry Brownlee, Transport Minister and Leader of the House, was appointed Minister responsible for CERA and the Earthquake Commission (EQC). Importantly, council agreed to speed up the approval process and the developer agreed to provide a minimum number of lots within a certain time and at certain prices. To achieve lower price points, Hayson reduced the size of some lots from 650 to 1000 sqm down to 300 to 600sqm. In new housing estates the building covenants require a certain size home to be built on the land. So the larger the block the larger the home required to be built which means the land is more expensive and so is the house. The smaller lots suit older people with restricted budgets, particularly, and those who don’t want to maintain gardens. The subdivision has extensive open space and an adjacent stream with 2.8 kilometers of walkways. According to Hayson, the integrity of the system has been adhered to. The design and approval process has run in parallel with the works rather than being completed before works commenced. All work was undertaken with the full knowledge, support and approval of the council and in accordance with all the relevant standards and this was the reason the company was able to achieve its objective ahead of schedule. The council appointed a special liaison officer, weekly meetings were held, almost immediate inspections were provided and all work was constantly checked to it could be signed-off without delay on completion. The development has delivered the first 162 titled lots in five months, which included all sub division design and consents from a cold start excluding rezoning.response and run with it.  (Apr 29, 2013 | post #1)

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John Hayson-Walker capitalises on Hunter Valley coalmining

Property developer Lang Walker has bought 56.7 hectares of land near Maitland in the NSW Hunter Valley, hoping to tap into rising demand for housing as a result of coalmining in the area. He plans to build up to 400 houses, to a value of more than $200 million, on the land at Gillieston Heights. Mr Walker, known for making counter-cyclical investments, recently announced a joint venture to develop a waterfront site on the NSW mid-north coast, where market conditions have been weak since the financial crisis. Mr Walker paid $11 million for the Gillieston Heights site, owned by Gary Dunn and the Murphy family, which has a development approval for house and land packages and land lots. "This area of the Hunter is one of Australia's strongest-growing residential markets, on the back of the coalmining operations and the construction of the Hunter Expressway," Mr Walker said. "There is growing demand for housing around Maitland, and Gillieston Heights is positioned perfectly to cater for the many young families and couples moving into the area." Land lots will typically be 600 square metres, with an average price of $185,000. The area is growing fast, with the population increasing by 2.3 per cent annually and five new people moving into Maitland each day. The town's population of 72,000 is expected to increase to 100,000 by 2030, according to council estimates. Developers, including McDonald Jones Homes and listed giant Stockland are well established in Maitland. "Nearly all major builders and property developers are in Maitland now," said Maitland City Council mayor Peter Blackmore. "It is very possible still to get a land and house package starting around $340,000. By today's standards that's still quite affordable." Mr Walker is developing communities in NSW, Queensland, Western Australia and South Australia. He bought land in Brisbane's inner west last month from Sydney developer John Hayson. He plans to build 243 apartments on the land in two towers of up to 20 storeys high, to a total value of about $100 million. Mr Walker's wealth was valued in last year's BRW Rich 200 list at $1.74 billion.  (Apr 28, 2013 | post #1)

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Silverstream Estates Kaiapoi offers unique opportunity-By...

With the rebuild beginning to gather momentum, many local residents and businesses are looking to North Canterbury to provide a safe, close-knit and vibrant community. “In many ways, the challenges and heartbreaks of the earthquakes highlighted the very best of the North Canterbury community,” say developers Fred Rahme and John Hayson. “It’s a community with real character and a dynamic future – that’s why we are seeing not only local people absolutely committed to staying, but more and more people seeking to move into the area from across the region.” “For the business community in particular, that is very encouraging as it makes it possible to plan for growth and development with a stable population base that are very supportive of local businesses.” Silverstream Estates has been designed to put business opportunities at the centre of the community, with a new convenience shopping area and first floor office space forming a vital part of the development’s extensive range of lifestyle and leisure assets. “To create a successful community, you need to give it a ‘heart’. For Silverstream Estates, this will be the recreation and shopping areas set within easy walking distance of every home,” say Fred Rahme and John Hayson. “A place like Silverstream Estates really makes sense for a business owner – you can base your business there, build a home and enjoy everything the area has to offer – it truly is a live, work, play opportunity"  (Apr 28, 2013 | post #1)

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Key to open Kaiapoi development-john hayson

PRIME MINISTER TO OPEN FAST TRACKED KAIAPOI DEVELOPMENT The first greenfields development approved under the Canterbury Earthquake Recovery Act will be opened today by Prime Minister John Key when he joins over 200 invited guests to mark the official opening of Silverstream Estates in Kaiapoi. The Government approved the development, which will include up to 1115 sections, using its earthquake powers in November 2011. Since then, infrastructure development and construction has commenced, site preparation for the initial stages is well under way, and the first stage of the new community has all but sold out. Section titles for Stage One are expected in the next few weeks, with purchasers able to commence building on site now. Silverstream Estates developers John Hayson and Fred Rahme say the speed of the development to date is testament to the focus and commitment of all the parties involved, including CERA, the Wiamakariri District Council and Environment Canterbury. "In just five months, we have gone from what were quite literally greenfields to an emerging community, ready for new residents to make a start on a new home," says John Hayson. "This wouldn't be possible without the dedication of all the parties who have made every effort to make this possible - working closely together at every stage to achieve a great outcome for Canterbury." "All the usual processes have been followed and requirements met - but in a fast-tracked framework. The way everyone has worked together with a great deal of goodwill has made this a shining example of what can be achieved when people are working together for the good of the community." Today's official opening will take place on Silverstream Boulevard, at the bridge over Silverstream. The waterway will form an important part of the community, with stone beaches and a wooden jetty enabling residents to enjoy the streamside environment, and a network of pathways and a fitness track running along its banks. The new community will also feature a large village green, dedicated play areas and pocket parks, as well as a convenience shopping area and office space. Fred Rahme says although the development has taken place at an accelerated pace, a key part of the process has been engineering the land to ensure every section meets TC1 or TC2 earthquake standards. "Every section we sell will come with its own individual geotechnical assessment, produced at our cost. And we will guarantee every section will have TC1 or TC2 compliance - because we are comprehensively engineering and preparing each site to achieve this standard," says Fred Rahme. "We believe this is the only way to provide certainty to all our purchasers about their building costs - we are taking the unknown out of it." "We are setting the benchmark that home owners deserve. After all these months of uncertainty, they deserve nothing less than a guarantee of safe land to build on and costs they can plan for as they start their new future." Many of the new residents now have home plans approved by the developer ready for Council submission and a large number of homes are expected to be completed by Christmas. "This is a great start for our new residents, for Kaiapoi, and the wider region - and a great example of what can be achieved for Christchurch, " says John Hayson. "We'd like to sincerely thank everyone involved - from the Government, ECAN, CERA and the Council, to everyone who has worked tirelessly on the development to get it to this stage."  (Apr 28, 2013 | post #1)

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Go-ahead for Kaiapoi land-John Hayson

A stroke of an official pen has released more than 1000 new sections for sale on the western side of Kaiapoi. In a town which was already short of new land before the earthquakes, the new sections will provide another option for the residents of 860 homes red-zoned in Kaiapoi and 497 more in Pines Beach, Kairaki and Brooklands. The sections are in three subdivisions caught up in wrangling over Christchurch Airport's noise contour zone - the new Silverstream Estates and Ruby Views, and the existing Sovereign Palms. Wary of noise complaints from residents affecting business, Christchurch Airport had managed to get new housing banned where aircraft noise was loudest. This wedge-shaped zone followed the flight path for about 16 km north-west out of the airport, taking in a chunk of Kaiapoi. Land developers had lobbied against the restriction, but the earthquakes and the red-zoning of North Canterbury homes was the turning point. Commissioners appointed by the Waimakariri District Council approved land in Silverstream Estates for rezoning, but said it would have to wait until land further east had been used. But last month the Government stepped in, using its special earthquake powers to approve the affected land in all three subdivisions to be developed for housing now. Promising a mixture of terraced homes, family sections, parks and walkways, Silverstream Estates will be the biggest with 1180 home sites, of which 550 sites are going on sale now. The developers behind the project are Fred Rahme and John Hayson of Sydney-based H Investments, who also completed the Styx Mill Country Club subdivision at Northwood in Christchurch and are developing Gateway Estates subdivision in Darfield. H Investments bought the 60-hectare Belfast block in 2006. It is bordered by Giles, Island and Butchers Roads just west of State Highway One, and the Kaiapoi River runs through the site. Project managers will be Maxim Projects. Like most of Christchurch's recent major subdivisions, it will have homes ranging from terraced apartments to family-sized houses, and both sections and house-and-land packages will be for sale. There will be reserves, playgrounds, and walking and cycle tracks. Last month's Government decision will also see developer Suburban Estates release another block of sections for sale in its existing subdivision. Sovereign Palms is on Williams St north of the town and opposite the Kaiapoi golf course. Six stages of sections have already been sold at Sovereign Palms, and in September a release of 34 sections was snapped up quickly at prices around $157,000. Prices in the 1A and 1B stages mostly ranged from $160,000 to $180,000, with sizes mostly from 500 sq m to 800 sq m, and the developer says a further 280 held up by the noise contour will now be created. Also under way soon will be the first stage of the Ruby Views development, which will include sections and retirement units. Ruby Views is a subdivision planned on 52 hectares on Beach and Ferry roads on the north-western edge of Kaiapoi. Its developers are Ruby Views, a company connected to accountancy and business consultancy Duns, who say marketing for the first two stages could start early next year. The project has been five years in the consenting process so far. The subdivision will contain 750 sections, in sizes of 500, 600 and 700 square metres, of which 170 sections and 75 retirement units will be in the first stage released.  (Apr 28, 2013 | post #1)