At around 4,500 homes, Hobsonville Point is New Zealand's largest and fastest moving residential development project. The project is currently completing a new home a day. HLC has built a development model that allows it to work with key stakeholders including planners, urban designers and developer and builder partners to deliver high quality homes and neighbourhoods at the scale and pace the government requires.
using our land well,
and building communities
Partnership approach to Northcote Development
Hobsonville Land Company (HLC) and Panuku Development Auckland have teamed up...
Builders have begun work constructing 59 new homes in Northcote, the...
Hobsonville Land Company becomes HLC
Hobsonville Land Company, a subsidiary of Housing New Zealand, is changing...
HLC manages the development of integrated urban communities. The company was established in 2006 to develop the former Hobsonville Air Force base into a new township. It is a wholly-owned subsidiary of Housing New Zealand Corporation. In 2016 HLC was tasked with helping the New Zealand Government provide more homes more quickly to growth areas, particularly Auckland, by managing housing development projects on under-utilised Government-owned land.
Through a decade's development work at Hobsonville Point, the HLC team has built a development model that allows us to deliver large-scale housing projects at an industry-leading pace. The Hobsonville Point project, which has around five years until completion, will number 4,500 homes and 11,000 residents. Currently the development is delivering one new home per day and that pace will continue to gain momentum. Northcote Development will deliver 1200 new homes by 2023.
But getting the houses built on its own is not enough. Whether we are masterplanning a new community from scratch, as at Hobsonville Point, or building upon an existing community, our goal is to create great places to live. That means adding to the urban environment in a way that is socially, economically and environmentally sustainable for the people who will make those communities their home - both today and for future generations.
Over the last decade HLC has acquired expertise as a lead developer. The team is skilled in masterplanning and investing in infrastructure and community amenity alongside the building of new homes. HLC has learned a lot about building a wider range of homes, and increasing the urban density of a community while ensuring it's still a great place to live and work.
HLC has taken an innovative approach to affordable housing at Hobsonville Point by creating the Axis Series programme. Builder partners must deliver at least 20% of all homes at Hobsonville Point at or beneath $550,000. These homes are sold to eligible first homebuyers through a ballot system. Axis Series may be extended to other Auckland Housing projects.
The Hobsonville Point project has become a benchmark for sustainable urban development in Auckland. It demonstrates that high quality urban design and affordable housing can be compatible with a commercially-driven approach to land and property development. HLC is maintaining the same commitment to social, economic and environmental sustainability in its new development projects.
HLC works with our partners on an ongoing basis to create innovative approaches to planning, design and construction that will allow us to increase the quality and speed of delivery of new homes and maintain affordability. Examples include the use of prefabrication, modular design, design controls, collective private ownership, and institutional ownership that allow for long-term secure tenancies.
Hobsonville Point in Auckland's Northwest is being developed on the site of a former Air Force base. The township is around five years from completion, at which point it will be home to 10,000 Aucklanders. Housing is at a higher density than has been normal for a suburban setting in Auckland. The high quality of the homes and amenity has made it an exemplar of integrated residential development in New Zealand.
Over the next five years, the Northcote Development will bring new homes and amenity to Northcote. Around 300 old Housing New Zealand properties built in the 1950s and 60s will be replaced by 1000–1200 warm, healthy homes designed for modern living. Four hundred of those new homes will be retained by Housing New Zealand for families in need. The rest will be offered to first time buyers, and to the general market with a focus on affordability.
Work is underway on a new project in the Akarana neighbourhood of Mt Roskill to replace 340 Housing New Zealand houses with new warm, dry, healthy homes. By using the land more efficiently than we did back in the 1950s and 60s when the original homes were built, we will be able to increase the number of social housing units available and build much-needed new homes for the Auckland housing market.
HLC is made up of a team of professional people whose role it is to manage or oversee all aspects of the developments. HLC exercises a high level of control over the entire project, from the planning and design of homes, streets and neighbourhoods, through to the building programme and engagement of the local and wider community. Successful management of relationships with central and local government agencies, developer partners, builder partners and residents is required to make the project successful.
John DuncanChair (May 2016)
Andrew McKenzieCEO of HNZ
Chris is highly competent at managing the efficient delivery of large scale developments. He has a commercially focused approach to balancing high quality urban design outcomes and investment returns. He has a passion for creating communities that have both physical and social infrastructure to deliver a sustainable living environment. Chris is also a Director of Metlifecare Retirement Villages. He was a founding signatory of the Urban Design Protocols and a Director of Auckland City Council Property Enterprise Board for the full life of that Board. During his directorship he was involved with key waterfront and urban renewal developments. He is a member of Auckland city’s Urban Design Plan and sits on various advisory groups on Auckland residential development. He represents Hobsonville Land Company as a member of the Australian Government Land Organisations.
John has extensive experience in global financial markets encompassing Treasury, Corporate Finance, Debt and Equity Capital Markets, M&A and Risk Management. Over a 35 year career he has worked both domestically and internationally taking senior leadership roles with a number of global investment banks, with the most recent being within Goldman Sachs. John is currently the Executive Director of the Auckland Investment Office and continues to provide corporate finance and funding advice to a range of public and private sector companies and entities. John also serves as Deputy Chair of Housing New Zealand Corporation, Chair of Conventions New Zealand and as a Director of Public Trust.
Adrienne is the Deputy Chairman Housing New Zealand Corporation, a Director of New Zealand Transport Agency and a Trustee of Cornwall Park Trust Board Inc. She is an experienced full time professional director who in recent years sold her shareholding from her town planning and public policy consulting firm. She is a qualified town planner, with a career in local government and consultancy. In consultancy she specialised in metropolitan growth management and large projects, including many property development projects. Adrienne has held significant board appointments for over ten years in local government, central government organisations in the transport, resources and property sectors.
Peter has more than 30 years’ experience in investment management, primarily in property investment and development, in New Zealand and overseas. Until March 2017 Peter was the CEO of NZX listed Stride Property Group a commercial property investor, developer and investment manager with over two billion dollars in assets owned or under management. Prior to joining Stride Peter led Auckland International Airport’s (AIA) commercial property investment and development activities, managing a portfolio valued at more than $725 million and development projects of over $280 million. Peter is Chairman of Homes of Choice Limited. Homes of Choice is a subsidiary of Spectrum Trust and provides appropriate and affordable housing for people with disabilities. He is a former board member of Auckland City Council’s Property Enterprise Board and a former president of the Auckland branch of the Property Council of New Zealand. Peter holds a Bachelor of Property Administration from the University of Auckland and is a Fellow of the Royal Institution of Chartered Surveyors (FRICS).
Matthew has extensive governance experience of large organisations delivering social housing, aged care and developing large scale developments and PPP projects. He has a background in corporate finance and M&A and previously held senior roles at leading international investment banks: UBS, Rothschild and Societe Generale. Matthew currently serves as a Director of the Tamaki Regeneration Company, and as an Independent Member of the joint Treasury, MSD Social Housing Reform Programme’s Project Steering Group. He is also a Member of the Housing New Zealand Corporation Auckland Committee and a Board Member of The Royal New Zealand Plunket Society.
Andrew is the Chief Executive of Housing New Zealand Corporation (HNZ), a Crown agent that provides housing services for people in need. HNZ manages more than 64,000 properties nationwide, including about 1,500 houses for community groups providing residential services. Previous to this Andrew was General Manager of Finance for Fletcher Buildings Construction Division, New Zealand’s largest construction operation. Andrew was Chief Finance Officer for the Auckland Council for its first four years, bringing together the operations of the eight previous Councils across Auckland. Previous roles include General Manager Finance at Auckland City Council for its last five years and Chief Finance Officer at Wellington City Council for six years. Andrew holds a BCA and a BA from the University of Wellington and is a Chartered Accountant. Andrew’s background covers roles in finance, strategy, business improvement, Information Technology, property, engineering and operations. In 2013 he was recognised within the industry as the EY New Zealand CFO of the year.