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Home arrow Articles by Topic arrow Todd Property Group arrow Todd Property unveils plans for Paraparaumu business
Todd Property unveils plans for Paraparaumu business PDF Print E-mail
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Articles - Todd Property Group
Written by Joel Maxwell, Kapiti Observer   
Tuesday, 09 April 2013

Airport could create 5000 jobs

Plans for the billion-dollar Kapiti Coast Airport development have been revealed as its owner seeks to loosen council restrictions.

Todd Property Group general manager Bryce Morrin said the company was looking to invest $1b on a project it estimated would create 5000 fulltime-equivalent jobs, directly and indirectly, in areas such as construction, retail, and tourism

"However, I cannot justify that to my board and shareholders if we cannot get the best rate of return. Our option is to pour that into one of our other land holdings around the country where the investment will be more welcomed."

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