Local jobs key for $6m iwi development
An innovative, future-focused development overlooking the shores of Lake Rotorua is set to create employment for the region - with a pledge to use locals to build it.
Te Arawa Lakes Trust will build a $6 million, multi-storey, wood-first building on Lake Rd with aspirations for it to become a shared, central hub for iwi organisations.
There will also be significant benefits for Maori and the local economy, Te Arawa Lakes Trust (TALT) chairman, Sir Toby Curtis said.
"This building is a result of the foresight Te Arawa Lakes Trust had to purchase this land 10 years ago and with patience and perseverance it will now be transformed into an asset for our iwi," he said.
"It's going to create employment because we want our local people to build it. We also want this development to provide opportunity for training so that our people can learn the skills required for the various trades."
Great consideration has been given to the design aspect which seeks to align with the Rotorua Lakes Council's push to support local industry and use wood-first.
The structure will have a net lettable area that spans over three floors of approximately 1970 square metres. It will have 37 carparks. Designed by award winning, local firm, Darryl Church Architecture, there is a strong emphasis on having a minimal carbon footprint. Key features include solar panels, rainwater catchment and hydroponic plants lining the outside.
Dr Tanira Kingi, chair of TALT's asset holding company Te Arawa Management Limited, said the cost to build was enabled by the reallocation of funds into an investment that would return a social as well as a financial return.
"Applying these investments into a major infrastructure creates employment that has a positive economic multiplier effect," he said.
Curtis said the excitement was evident with other key partners and local authorities keen to be a part of the new development.
The Bay of Plenty Regional Council is working with Te Arawa Lakes Trust to explore the opportunity to relocate from their current Arawa St premises to the new building once completed.
The Trust plans to break ground mid-2017 with the opening expected early 2018.