Council to consider options for City properties
30 November 2010
Christchurch City Council will not sell a Central City South property back to its former owner, property developer David
Henderson as he has failed to meet the Council's deadline for settlement.
The Para North property on the corner of Tuam and Manchester Streets was the first of the five properties purchased from
Mr Henderson in 2008 that was earmarked for development as part of the Central City South Master Plan.
The Council's General Manager of Corporate Services Paul Anderson says that a condition of the Council's agreement with
Mr Henderson was for him to settle the purchase of the property five days after he was notified that a new title had
been issued for the property. The title was issued two weeks ago and Mr Henderson was not able to settle, Mr Anderson
Mr Henderson still has first right of refusal on the other properties that the Council purchased from him in 2008, but
as with Para North, he must develop it in accordance with the Council's plan and meet the required timeline.
Council staff will report back to the Council early next year on the remainder of the options that Mr Henderson has on
Council properties and also on the Council's other land holdings in the city.
Mr Anderson says the reasons for purchasing the properties in 2008 are still valid today.
"All the properties are in key locations in the Central City and when they came on the market we had to move quickly to
secure them. There was a risk that the sites could be broken up, sold individually and that they would end up in Big Box
retail development which would stifle revitalisation opportunities," he says.
Mr Anderson says the Greater Christchurch Urban Development Strategy (UDS) recognises the need to revitalise the central
city and advocates increasing the number of people living within the four avenues. Developing the Central City South in
line with the Master Plan and Vision aligns with the UDS. The Central City South Master Plan proposes a mixed use of
retail and quality, high density residential development around lanes. An inner-city campus is one of the proposals