Local bill to help pave way for racecourse subdivision

Christchurch Deputy Mayor Vicki Buck has welcomed the first key step in freeing up land for a proposed major housing development at Riccarton Racecourse.

Christchurch City Council has today publicly notified the Riccarton Racecourse Local Bill, which will be introduced to Parliament within the next six months. The Bill seeks to change the Christchurch Racecourse Reserve Act 1878 and help pave the way for a proposed new 600-home subdivision, a third of which would be affordable housing priced below $450,000.

The Council agreed earlier this year to act as formal promoter of the Bill, following a request from Minister of Building and Housing Dr Nick Smith.

Deputy Mayor Buck says the proposed racecourse development makes good sense for Christchurch.

"The Riccarton Racecourse area is radically different from when the Reserve Act was passed well over 120 years ago. It's now a very established, urban part of the city, with great amenities, schools, shopping, and even a university nearby.

"We still need more housing in the city, particularly new, affordable housing, so this development makes good sense," she says.

The 38 hectares of proposed land, bordered by Yaldhurst, Steadmans and Carmen roads, is owned by the Christchurch Racecourse Reserve Trust and is currently surplus to requirements.

The trust has entered into a joint venture with Ngāi Tahu to begin developing the land in 2017, pending the outcome of the Government's legislation, the Council's processes under the District Plan Review, and public consultation.

A copy of the Riccarton Racecourse Local Bill, together with a land description and plans, are available for viewing at the Council's civic offices, 53 Hereford Street, from 9 to 30 September, or online at www.ccc.govt.nz/the-council/public-notices

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