Across Horowhenua and New Zealand, there is a shortage of suitable industrial land for businesses to grow into. For businesses operating out of the big centres; they face challenges with the cost of living, traffic congestion and difficulties connecting with regional New Zealand. Horowhenua offers solutions to those problems, as well as partnerships with local training providers, skilled trades people and a talent pool of local people.
In 2018, the Horowhenua District Council signalled their intention to sell some of its under-utilised assets, including vacant industrial land on the outskirts of Levin. The Trust saw an opportunity to purchase this land, bolstering the Council’s ledger and returning value to the community through the development of a business park.
The 14 hectares of land on Roe Street in Levin was purchased in June 2019 at market value. The land is subdivided into three sections, with a national anchor tenant confirmed, and we are preparing to go to market with this exciting opportunity.
Offering businesses attractively-priced sites and a chance to grow their business, our business park will also bring us one step closer to being financially sustainable and independent. We need commercially successful projects, such as this, to fund our non-profitable ones, each playing a role in driving Horowhenua forward.
In the media
NZ Herald - 16 Aug 2019
Horowhenua NZ Trust raring to go with first tenant for its business park
Stuff - 12 Aug 2019
Industrial land set to become business park in Horowhenua
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