25
Apr 24

Hotelier? Y Agent? N

Funny the things I have gotten myself into over the years….


25
Apr 24

Mixed Tenure Apartments – the first?

One of my main tasks whilst at Housing New Zealand under the previous National government was to develop land owned by the crown into the mixed tenure model where public, private and community housing intermixed. Pepper potting social housing in a single apartment building.

A difficult idealistic solution that via a simple PPP a brave development partner took on and did a great job.

399 Manchester Street, Christchurch was the first one. Michael Butler was my team SDM on this one, nailing the project into delivery.

Does anyone know how the property and the pepper potting gets on now almost ten years later?


25
Apr 24

Lemonade for Developers

Brought a lime tree but it’s only producing lemons?

Xpect to squeeze and extract the lemonade.

Xpect and PJM specialise in those property projects most difficult, nationwide.

From development and capital works direction & advisory to project & construction management.

Developer and financier assist. A phone call is not a committment, so let us listen to you.

http://aenspire.com/xpect/XpectFinancierProjectSupport.pdf

http://aenspire.com/xpect/XpectDeveloperAssist.pdf

andrew@xpectproperty.com
021982444
Xpectproperty.com


25
Apr 24

$1.5B West Hills Development

West Hills – one of, if not the largest, house and land projects in New Zealand where as developer we took paddocks where cows grazed, rezoned it and did all the subdivision and built and sold the houses ourselves. It will end up around 1500 homes – mainly terraces. Possibly some mid rise apartments in the next cycle.

Purchased just before I started on this project, I was sales/marketing and project director and then CEO in charge of this beast for 6 and a half years. We were about 300 homes, a park and a bunch of civil infrastructure and superlots in, when I left to commence Xpectproperty.com

This project has every challenge a greenfield development can desire:
– An undecided arterial road.
– A government promised infrastructure fund that came and went.
– Stream and wetland.
– Neighbors.
– Land designated to be taken away to increase the adjoining road – but not confirmed so didn’t know our boundary.
– In the airforce no fly zone – limiting heights at the peak sites and need to advise everytime you want to use a crane.
– A park deal.
– Dependent on infrastructure upgrades with various triggers.
– A big development contribution bump coming.
– OIA delivery conditions.
– Multi market cycle dynamics.
– A million other things. Many incl above not agreed with the authorities before the land was purchased.
– And of course a massive multistage feaso, with a thousand sub feasos to suit the market dynamics of the day.

One and a half Billion dollar project on a $142m slice of godsown.

Too many stories without giving the secret sauce out. You can talk to me direct if you like – although check out this series I wrote on my version of best practice for large house and land developments.

This is a great development. And that’s a tribute to a lot of people’s hard work and dedication – that I just happened to have a guiding hand in.


25
Apr 24

Xpect to be paid!

Finally got IRD and GST number issued today, and first invoices out. Xpecting revenue!

Geez what a bargain I have been charging…