TAURANGA. Your place to shine TAURANGA. Your Place to Shine

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1 TAURANGA Your place to shine TAURANGA Your Place to Shine

2 Your business and your people - your place to shine Connectivity Location Port of Tauranga Whenever I get the opportunity to meet new business people establishing in Tauranga I ask them a very simple question: What made you decide to come to Tauranga? There are several answers: the location offers my business the best opportunity for profit, land and business space is much cheaper here, there is no congestion, it s affordable, the lifestyle will attract the sort of employees I want and Tauranga has the work/life balance we were looking for. Tauranga the city that shines summarises the opportunities that Tauranga offers for your business, employees and family. We are confident Tauranga is on its way to becoming a world class city thanks to our prime location, affordable land/property, level of investment, long term planning, infrastructure, successful enterprise and our connectivity locally, nationally and globally. Tauranga your place to shine is about why relocating or establishing here is a sound business decision. Tauranga City and Priority One are open for business and will assist and guide you in any way we can. Please consider this a personal invitation to come and see for yourself everything we have to offer your business and your people contact details are at the back. Tauranga really can be your place to shine. Garry Poole Chief Executive Tauranga City Council Vibrant Lifestyle Open for Business Infrastructure Available Land Affordable Land Your place to shine

3 Location, location, location Nearly two million people and markets are less than three hours from Tauranga. Perfectly positioned in the golden triangle of economic prosperity, Tauranga has a location that s hard to beat. Tauranga offers a combination of business friendly infrastructure and an enviable lifestyle. Tauranga has a sub-tropical climate and an extensive shoreline, making it a centre of excellence for horticulture and marine based industries. Tauranga is well connected Tauranga has fantastic transport networks including the most efficient state highways in New Zealand. The security gained from forward planning on transport infrastructure, contributes to fast, economical travel and freight movements. Tauranga Airport offers direct flights to Auckland, Wellington and Christchurch three-four times per day seven days a week. Room to grow Tauranga has enough vacant industrial land to meet demand for another 39 years based on the average uptake of 10ha a year. 4.4% GDP growth, almost double the New Zealand average (Infometrics) 6.3% Growth in employment, compared to NZ average of 3.5% (MBIE) 50% Increase in jobs advertised over $100,000 salary per annum 37% Increase in SME revenue growth (Colmar Brunton) The Port of Tauranga is New Zealand s largest port, with direct access to Asia-Pacific and global export markets. Tauranga currently has 7000 new residential dwellings planned. 28% Increase in skilled vacancies, fastest increase in NZ (MBIE) Tauranga consistently has the highest sunshine hours of any New Zealand city 2

4 New Zealand s port for the future The Port of Tauranga is the most efficient port in Australasia and the largest in New Zealand by cargo volume. Port of Tauranga is now New Zealand s largest port by total volume (19.7 million tonnes) and the largest export port. Port of Tauranga has the location, the strategic partnerships with customers and suppliers, the capacity to expand its infrastructure and unrivalled sea, road and rail connections. Port of Tauranga is nearing completion of a $350 million capital expansion programme which includes a 170m berth extension at Sulphur Point, the purchase of additional ship to shore gantry cranes and straddle carriers, the purchase of two new tugs and the capital dredging programme. Port of Tauranga currently owns over 190 hectares of land surrounding the port: 30% of this strategic land holding is yet to be developed. connectivity between freight hubs and driving freight consolidation. The Port s development of an inland port in Auckland (MetroPort Auckland) through a unique rail partnership, partnership in Coda and involvement in the port developments in Northland and Timaru are some examples of major initiatives that have helped to positively change the direction of the New Zealand port industry. Port of Tauranga has a proven and acknowledged record of world class productivity through its Tauranga Container Terminal. Port of Tauranga s key strength lies in its ability to grow to meet customer requirements and market demands. In July 2014, Port of Tauranga entered into a new logistics joint venture with freight and logistics management company Kotahi. This will deliver significant efficiencies across the supply chain by improving the MARKET CAPITAL 2.3 billion $NZX Top 50 listed company RAIL FREIGHT UP 200% Capacity is planned to handle a 200% increase in rail freight within the next years. CARGO GROWTH 10,300 shareholders 82%-130% Cargo throughput is expected to grow 82%-130% by There are plans to extend the current container berth by a further 170 metres to accommodate the expected growth in 4 container volumes. 5

5 Affordable property with room to grow Tauranga has plenty of land and a variety of property options are available at very competitive rates. Tauranga has 500 ha of commercially zoned land with infrastructure in the ground and ready for new businesses. Two major greenfield industrial and commercial areas are now available for development, one to the west and one to the east of the city. Both areas already have the infrastructure in place to support new business developments. Infometrics Business Attractiveness Indicator 5 TAURANGA 3.2 Industrial land Industrial land ranges from around $150 per m 2 (Tauriko) to $400 per m 2 (Mount Maunganui). HAMILTON 2.7 Average rents OFFICE 40% cheaper than Auckland 0 AUCKLAND 2.1 WAREHOUSE 15% cheaper than Auckland 6 7

6 Efficient and future proof Tauranga has planned well for growth and invested heavily in infrastructure across a number of key areas, enabling businesses to react quickly and move efficiently. Roading The city (along with NZTA) have created a roading network that delivers fast and efficient freight and traffic movement. This investment has future-proofed Tauranga for ongoing growth and development. The $455 million Tauranga Eastern Link has opened up new residential, commercial and industrial development areas to the east of Tauranga. Rail Tauranga is well serviced by rail, with the Port of Tauranga owned MetroPort providing a dedicated link direct into the heart of Auckland. Sea Tauranga is a key hub for coastal shipping enabling another distribution option for businesses to move products and materials quickly. Ultrafast broadband 98% of Tauranga residents have access to ultrafast broadband with the highest level of uptake in New Zealand for connections. Over 77% of the community has internet access and this is growing rapidly. Energy supply Power supplies are reliable and future proofed; PowerCo is spending approximately $15 million per year on capital projects. Grade AA water Tauranga City provides the highest quality water (Grade AA) to all residential and business properties, all of which are metered. Resilience in the water network is provided through interconnected trunk mains. Wastewater Tauranga is investing in wastewater treatment options for the growing city - $100 million on a cross harbour pipeline which will be operational in 2017 and a $65 million treatment upgrade. The average morning commute into the city from Bethlehem is 10 minutes, Welcome Bay 14 minutes and Papamoa 20 minutes.

7 Open for business - red carpet not red tape Tauranga s business community is well established and welcoming with credible, high quality networks to service and support your business. Priority One Priority One is the economic development organisation established in 2001 by the business community and contracted to deliver economic outcomes to the councils in Tauranga and the Western Bay. Priority One actively encourages businesses in the wider region to grow through brokering seamless, business-friendly processes, removing development roadblocks, ensuring the skills and expertise required by industries are available locally, and active targeting of offshore businesses into the local market. Newcomers to Tauranga are invariably surprised at how closely the business community works, which bodes well for young, high-growth companies and the city s growth prospects. The city is fast becoming known for its innovative start-ups, nurtured by a tight knit group made up of technology incubators, angel investors and local body government. NBR May 2015 Research from new business ventures that have settled in Tauranga prove they can make immediate and long term profits based on: location a strong talent pool of prospective employees (or bring your own and resettle them) affordable land and commercial/business premises high quality building stock a vibrant city centre co-location with like-minded businesses. Tauranga is growing fast and thanks to SmartGrowth, a collaborative long term plan to 2050, there is a supply of affordable and fully serviced land for commercial, industrial and living spaces. Tauranga City Council s City Plan, made operative in 2013, is business friendly, providing clarity, flexibility and speed of service, enabling a wide variety of developments across the city. 1.4% growth Productivity growth of 1.4% ahead of New Zealand average at 0.8%. (Infometrics) 1.8% growth Business unit growth of 1.8% per year ahead of New Zealand average at 1.4% 10 11

8 KATIKATI Matakana Island KEY Road Rail Sea Air Port The Lakes Residential Development Tauriko Industrial Estate Wairakei Residential Development 2 TO AUCKLAND 2 hrs, 30 mins 197 km MOUNT MAUNGANUI Papamoa East Industrial Development Rangiuru Industrial Development Tauranga Eastern Link Toll Road Bethlehem Residential Estate Motiti Island 29 TE PUKE 2 TO HAMILTON 1 hr 15 mins (106 km) MAKETU TO ROTORUA 1 hr, (70 km) TAURANGA A city in growth mode 33 7,000 New residential dwellings approved. The Lakes Residential Development 8.4kms to Tauranga CBD New Bethlehem Residential Development 8.4kms to Tauranga CBD Wairakei Residential Development 15km to Tauranga CBD CBD KEY Retail 500 ha Of commercially zoned land ready for development. Tauriko Industrial Estate Development One of the biggest industrial parks in Australasia - 200ha 9.9kms to the Port of Tauranga 8.4kms to Tauranga CBD Papamoa East Industrial Estate Development Will provide for a range of general industries, warehousing, distribution and trade services 10km to Port of Tauranga 110ha Rangiuru Industrial Estate Development Will have 150ha of land available development commences early kms from Port of Tauranga More than 12,000 people come into the CBD to work each day $60m of upcoming developments in the Central Business District Residential Tertiary The Strand - Entertainment and Dining Waterfront Heritage & Arts Civic Space Marine Business Recreation Marine Precinct

9 Business is already thriving in the bay Tauranga has a range of industry sectors flourishing. They leverage off the support networks and infrastructure already in place. The following companies have their head offices in Tauranga: Ballance Agri-Nutrients Brother NZ Comvita Craigs Investment Partners Dominion Salt Port of Tauranga Trustpower Taura Natural Ingredients Zespri International. It has been estimated the Bay of Plenty aquaculture industry has the potential to reach $250 million in export sales by A horticultural innovation cluster has been established with businesses joining forces to work on research and development projects to maximise export potential of their food products. Information and Communication Technology (ICT) Manufacturing Established companies in Tauranga produce products for both the domestic and international markets - from aluminium ducting and solar panels and systems through to buses and luxury coaches, dentistry tools and equipment, automatic and manual water and weathertight door closures for the high-end marine sector. New manufacturing businesses are attracted by a well-established network of existing businesses, which are open to sharing their knowledge and developing mutually beneficial partnerships. The Bay of Plenty Polytechnic recognises manufacturing as a strong and growing sector with training programmes designed to support local businesses and produce graduates with skills that are in high demand. High performance sports centre Construction is underway on a $3.5m centre of excellence for high performance sport that will provide world class training facilities for New Zealand s sports stars. The venue will also feature high-tech sports performance companies, sports science research and medical support services. The centre will be open by the end of Marine Precinct Construction of a $10 million purpose built marine servicing facility at Sulphur Point is underway, opening in July Tauranga s facilities cater for the manufacture of composite yachts, including all design, electrical, engineering, stainless steel, upholstery, joinery and cabinetmaking. A purpose built boat-stack at Sulphur Point has storage for up to 200 boats. The Marine Precinct will feature a hoist able to lift vessels of up to 300 tonnes (the largest of its kind in New Zealand) and will provide services to both the white and black boat market. ICT is a key focus area for the Tauranga region. Priority One s ICT cluster brings together more than 600 members from over 280 ICT and related businesses. These businesses aim to create commercial opportunities and contribute their experience and expertise to the development of an IT rich region. Several software houses have developed products to support the region s specialisations in: horticulture and transportation, distribution and logistics. Horticulture and aquaculture Tauranga is known as one of the country s top food production regions and a significant exporter of high quality food products. The Bay of Plenty food industry currently employs more than 9,000 people and has sales of more than $600 million per annum, of which over $500 million is for food processing alone. In recent years the industry has grown by 17.5% in value of sales, 10% in employment and 49% in exports

10 Working together to invest in the future Tauranga is becoming known as a hotbed for collaboration with enterprising groups coming together and investing significantly in innovation and cutting edge technologies. The New Zealand government is also investing strongly in Tauranga and the Bay of Plenty as a sign of its confidence in the potential of the region. WNT Ventures In 2014 a Tauranga-based consortium comprising Wharf42, Newnham Park, the Titanium Industry Development Association and Quayside Holdings became one of the government s new innovative technologyfocused incubators for high-growth, early -stage firms. WNT Ventures was one of only three proposals accepted nationwide to incubate deep-ip and complex technology drawn from New Zealand research organisations, universities, companies and individuals. Robotics Robotics Plus Ltd, the University of Auckland Plant & Food Research, and the University of Waikato secured a $7.6 million research grant from the Ministry for Business, Innovation and Employment (MBIE). This is for a four-year project to develop robotic technology which will automate a variety of horticultural tasks based on self-navigating mobile platforms. Quayside Holdings Quayside Holdings Limited is the investment arm of the Bay of Plenty Regional Council and has majority ownership of New Zealand s most profitable and productive Port, the Port of Tauranga Limited. This provides over $200 million of infrastructure funds and ongoing regional income from over $1.2 billion of investment assets. Quayside continues to seek new regional opportunities for investment with which to diversify its income base. MBIE Funding for Titanium Research MBIE awarded $14.5 million over a six year period to Tauranga-based Titanium Technologies New Zealand to research new products from titanium. This research will maintain New Zealand s global leadership in titanium technology and develop a titanium-based industry. Business and export benefits are valued by the industry at more than $100 million by 2023 and aim to achieve a one billion dollar per year titanium-based export industry before Tauranga Energy Consumer Trust (TECT) TECT is one of New Zealand s largest energy trusts. TECT s income and capital is used to provide financial benefits to consumers and the community. In the past 20 years TECT has returned millions of dollars supporting thousands of people and good projects throughout the district. Project Tauranga Project Tauranga is a unique programme that encourages organisations to invest in innovative, exciting projects that benefit the city and community. Partners contribute cash, goods or in-kind services or a mixture of these. The programme has generated millions of dollars in funding and in-kind assistance for community projects since It has become a model for Council-related philanthropic giving and has fostered a collaborative way of working that has benefits throughout the community. Examples of projects and programmes that have been assisted by Project Tauranga funding include: TECT Aquatic and Leisure Centre (Baywave) ASB Arena at Baypark Papamoa Library and Learning Centre Kopurererua Valley redevelopment BMX track Kaka Street all access playground Hairy Maclary & Friends Tauranga Waterfront Sculptures. Project Tauranga also supports the Acorn Foundation which is a charitable trust created to encourage people to establish their own named endowment fund to provide long term benefits to the community. Enterprise Angels Tauranga based Enterprise Angels invested $5.1 million into 20 companies in the 2014 year. Enterprise Angels are experienced businesspeople looking to invest in start-up, early stage and established businesses to help them grow and prosper. They are the largest and most active in New Zealand

11 A vibrant and contemporary city centre Tauranga is a city with heart and soul. The central business district (CBD) is compact and accessible. Significant public investment is planned for the next few years. Partnerships between private enterprise, the council and the tertiary sectors aim to provide a more vibrant and exciting city centre for the younger generation including on and off-water events, outdoor movies, markets and accessible public transport. The waterfront our jewel in the CBD crown will reap the benefits of the planned investment increasing access to the water and adding improvements to create an even more peoplefriendly space. Consortium interest has been expressed for a five star hotel and convention centre in the city centre. The evidence shows that Tauranga city centre is more economically vibrant than the centres of the comparator group. It has attracted service-sector businesses into the centre, which is increasing the density of these businesses there. (Martin Jenkins 2014) 42% GDP growth in Tauranga city centre. 2.7% per annum productivity growth in Tauranga city centre. $60m of ongoing investment in commercial developments in the Tauranga city centre. City Centre Tertiary Campus A new $85 million tertiary and research precinct is planned for development in the city centre. The new university facility will cater for up to 2000 students. It is predicted that this development alone will increase regional GDP by one percent. The new campus is predicted to generate $133 million in regional revenue and provide over 600 new jobs

12 Living the dream Tauranga is the ideal place to experience outdoor activities. Add in contemporary city facilities and it really does have the best of both worlds. Mount Maunganui, just 15 minutes from the city centre, is world famous for Mauao the Mount and its beach (voted New Zealand s best) stretches south all the way to Maketu. Tauranga is perfect for all kinds of water based activities: swimming, surfing, fishing, sailing, kayaking, kite-surfing, scuba diving, water skiing and anything else that takes your fancy. For the adventurous there is paragliding, whitewater rafting, mountain-biking and blokarting. For the more sedate lifestylers, you can enjoy golf at a variety of beautifully maintained courses, cycling, bushwalking, hot pools, picnicking or just strolling through the many characters and faces of the city. A style of life I live at the Mount and can be at work in the city in 12 minutes. My staff are genuinely happy here. It s a great balance between work, outdoor living, and family. I cycle to work across the Matapihi bridge and spend less time than it used to take me to find a park in Auckland! Tauranga Population Growth Tauranga has a lower crime rate than the national average and lowest among the six main cities in New Zealand. (Martin Jenkins, Core Cities report 2013) 78% European 16% Maori 2% Pasifika 4% Asian 38 Tauranga has a median age of 38 the same as the rest of New Zealand. Housing Living in Tauranga gives you choice and affordability when compared to other cities. You can have the ultimate coastal home near the beach or live the rural lifestyle less than 20 minutes from the city centre. You can buy new three-four bedroom homes for under $500,000 or 2-3 bedrooms for less than $400,000. No housing shortage here: Tauranga has planning approved to build 7000 new dwellings. Median price TGA $414k Median price NZ $454k Housing affordability is just under the New Zealand average Average weekly rent is $319 Figures correct as at June Events Tauranga is a world class location for events and is making significant public investment over the next 10 years to attract more major events. Tauranga already hosts many successful events: AIMS Games Port of Tauranga Half Ironman Garden and Arts Festival Tauranga Arts Festival Tarnished Frocks and Divas National Jazz Festival K K The population of Tauranga is projected to grow from 117,000 to around 162,000 by 2033 and to around 196,000 by

13 World class learning opportunities With a range of educational facilities offering excellence, diversity and choice, from preschool through to tertiary, your staff and families will benefit from the many options available. There are 60 schools in Tauranga offering both quality and choice. ACG Tauranga, the city s first fully private school, opened in 2015 offering kindergarten to year 13. Otumoetai Intermediate won the 2014 Prime Minister s Supreme Award for Education Excellence. Bethlehem College is a state integrated Christian school offering kindergarten to year 13. Aquinas College is a state integrated Catholic secondary school. Te Wharekura o Mauao is a wharekura medium immersion Maori secondary school for years Five secondary schools including Tauranga Boys and Tauranga Girls. The government is investing in further expansions at the following schools due to demand. Papamoa College - $5.1 million expanding to 1500 students. Golden Sands School - $3 million expanding to 420 students. Tertiary The Tertiary Education Partnership comprising the University of Waikato, Bay of Plenty Polytechnic, Te Whare Wananga o Awanuiarangi and Waiariki Institute of Technology will all benefit from the new tertiary campus in the CBD. The Bay of Plenty Polytechnic The Bay of Plenty Polytechnic offers trades training and research with a focus on horticulture, marine and aquaculture and including a road transport training facility. There are four schools covering a range of national and internationally recognised qualifications for science, technology, business studies and humanities. Tauranga has an above average number of students leave secondary school with at least NCEA Level 2 80% compared to the New Zealand average of 74%. University of Waikato A number of degrees can already be completed at Tauranga including bachelors of management, business, social sciences, social work, teaching and tourism. Once the city centre tertiary campus is operational in 2020 there will be significantly more degree courses available locally. Coastal Marine Field Station The Coastal Marine Field Station is a major University of Waikato centre for marinebased research working to generate new commercial opportunities for pharmaceutical, nutritional and agrichemical innovation. The Field Station programmes are supported by government, New Zealand industry leaders and international research centres in Germany and China. The research station currently has: 55 post graduate students 120 undergraduate students. Students in Tauranga can achieve any level of qualification choice from NCEA to Cambridge International. Waiariki Institute of Technology Offers a full nursing degree in Tauranga and other specialties across the Bay of Plenty. Te Whare Wananga o Awanuiarangi An internationally respected indigenousuniversity with a range of qualifications, from community education programmes to Certificates and Diplomas, and on to Bachelors, Masters and Doctorates. The Diploma of Law is taught at the undergraduate level. This enables students to complete the first two years of an LLB in Tauranga

14 If you are considering relocating to Tauranga contact: Priority One PO Box Level 2, 29 Grey Street, Tauranga Phone: Fax: We are here to help you every step of the way TAURANGA Your place to shine 25

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