The subdued development Queenstown has been experiencing over
the past few years will let all parties consolidate their
investments and usher in a new upswing of ''sensible growth''
in the foreseeable future.
Finance Minister and Clutha Southland MP Bill English was
optimistic about such an outlook when asked if there were any
measures he wanted to see taken in the Queenstown Lakes
district to encourage more developers to invest.
Five years ago, there were major multimillion-dollar
construction projects under way in downtown Queenstown, such
as the post office precinct, the Church St block and the
Mountaineer building, while Kawarau Falls Station,
Remarkables Park and plans for Remarkables Primary School
were at the peak of development.
However, construction has slowed in the past couple of years,
most evidently on Frankton Flats, where retail projects are
mired in legal rows.
''I think the council is doing the things it can do and that
it's getting its own house in order and reducing costs, which
makes them look like a council that wants to do business
because they know how to do business,'' Mr English said, in
reference to the organisational review of the Queenstown
Lakes District Council.
''We can help them a bit with the legislation we're going to
pass shortly about housing, helping housing affordability and
you're starting to see rising confidence here.''
It had not done Queenstown any harm for its boom to taper off
and for everyone to consolidate, Mr English said.
''That's a good platform for what I think will be a good
three to five-year period of sensible growth,'' he said.