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Home arrow Articles by Topic arrow Public Ownership arrow Old Napier hospital goes to Todd Property in land swap
Old Napier hospital goes to Todd Property in land swap PDF Print
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Articles - Public Ownership
Written by Pattrick Smellie, Scoop   
Thursday, 25 August 2011

Todd Property Group has put the Hawkes District Health Board out of its misery as owner of the shuttered Napier hospital in a land swap deal that also relieves TPG, a large-scale property developer, of a headache on coastal land north of Whangarei.

TPG ... is a large-scale residential property developer, with interests still in non-sensitive (sic) land at Ngunguru

In a deal brokered with the Department of Conservation, Todd has agreed to swap 80 hectares of environmentally sensitive land on the Ngunguru Spit, which previous developers had failed to gain resource consents to develop, for the five hectare Napier site, on a headland overlooking the city and port.

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