Tauranga City Council is set to buy back a key area of land at Sulphur Point as growth plans for the Tauranga Marine Precinct continue to be developed.
Council sold the land at 6 Cross Road to Pacific 7 Ltd in 2016 to help fund the development of the marine servicing hub ‘Vessel Works’ – a council entity that opened in 2018 and provides a marine servicing facility for commercial and recreational boats.
Recently, Tauranga City Council had the opportunity to repurchase this site.
Tauranga City Council General Manager of Corporate Services Paul Davidson says “the opportunity to buy was taken as it allows time to review how changes to the ownership of this landholding may impact the wider precinct and its users”.
“A strategic review of the marine precinct is currently underway, so it made sense for us to purchase the land while the review is completed this year. This will also allow progress to be made on other future land sale opportunities as part of planned future development,” says Paul. “The goal of the strategic review is to ensure the marine precinct is developed and best positioned to deliver benefits for the local industry and the wider community in the future.”
Marine precinct users will be included in this strategic review. “We value the stakeholders in our local marine industry, and we are committed to working alongside them to understand how our goals may align in the future,” says Paul