Spedding Industrial, a large-scale greenfield development in Whenuapai is on track to deliver Auckland’s next major industrial hub, unlocking opportunities for the north-west corridor.
Developed by greenfield specialists Oyster Capital, the delivery of the project will see a $56 million commitment to local infrastructure upgrades, ensuring the development of the large landholding contributes to improved transport and growth planning for the north-west corridor and its communities.
Situated on Spedding Road adjacent to Westgate, Spedding Industrial encompasses 46 hectares of land bound by Brigham Creek Road to the north, State Highway 16 to the south-west and rural-residential land to the east and south, offering future occupant businesses seamless connectivity to Auckland’s main arterial routes.
Strong demand for the development has been experienced since it launched to market late last year, with one-third of the land holding sold or under contract – over $100 million in sales – offering purchasers a major foothold in one of Auckland’s fastest-growing regions.
Oyster Capital’s director Cameron Wilson says demand so far has come largely from warehousing and logistics-related companies wanting to upscale, but expects there to be a diverse mix of businesses at Spedding Industrial.
”With close proximity to two of Auckland’s main highways and improved transport connectivity in the area, Spedding Industrial offers businesses of scale the opportunity to secure a major foothold in one of Auckland’s fastest-growing regions.
“Industrial land has become an extremely scarce commodity, especially greenfield sites of scale. Spedding Industrial is a unique opportunity for businesses to upgrade and work with large land sizes to develop into modern, world-class facilities. This will be a new and exciting business and employment hub for the north-west.”
Oyster Capital has a strong foothold in Whenuapai with a sustained focus on the north-west sector for the past 14 years, working collaboratively with the council to unlock infrastructure for housing and employment growth in the region.
Set to experience significant growth over the next 20 years, the population of Whenuapai is expected to swell from 5,000 to over 30,000 by 2041 – an increase of approximately 8,000 dwellings.
In response to this growth demand, Spedding Industrial will undertake significant infrastructure upgrades to ensure the region has enhanced transport and connectivity and is future-proofing for anticipated growth demand.
Key infrastructure initiatives include nine significant transport upgrades to deliver a robust, functioning road network surrounding the site, new pedestrian and cycle links, and a critical replacement of the existing Brigham Creek Road bridge. Central to these transport improvements will be enhanced connectivity to State Highways 16 and 18, giving Whenuapai residents and visitors better access to Auckland’s motorways.
Oyster Capital will also install 1.5km of wastewater rising main on behalf of WaterCare to respond to demand increases across the area and prevent adverse effects on the environment.
Commitment to the environment will also see the preservation of natural wetlands in the area, with Oyster Capital undertaking comprehensive enhancement riparian planting, totaling 5.3 along the Sinton Stream and Totara Creek, as well as 7,488m2 of existing natural wetlands to be retained and planted with native vegetation.
Poised to be a high-standard, modern industrial precinct with attractive streetscapes and covenanted design outcomes, Spedding Industrial will deliver in the north-west a significant hub for business and employment, significantly contributing to the economic prosperity of the region.
Visit: speddingroad.co.nz