What's this project about?
The Promenade is a key project in the ‘Making Places’ programme, which is Council’s long-term development strategy for the CBD. The Promenade will turn the Lower Hutt CBD to face and connect with the Hutt River.
The Promenade is also a part of the RiverLink project, which is the combined work of three agencies.
Greater Wellington Regional Council is upgrading flood protection on the stretch of river between Ewen and Kennedy Good bridges, and the river corridor will also be enhanced. The NZ Transport Agency is looking at ways to reduce congestion and improve access and safety on State Highway 2 at the Melling and Block Road intersections.
Hutt City Council has set aside $39 million in the proposed Annual Plan 2016/17 for the Promenade, staged over various financial years from 2019-2020 to 2034. Collectively the RiverLink project is a $200 million-plus project for Lower Hutt; funding the Promenade project is our main contribution to RiverLink.
The Promenade project includes funding for a pedestrian footbridge which would link up many walking, cycling and new recreational opportunities centred on the CBD and river. The NZ Transport Agency is considering its options for improvements to the Melling intersection. If the Melling Railway Station did move (to ease Melling intersection improvements), it could align closer to the CBD and also be accessed by the pedestrian bridge.
How the community benefits
Consultation and research focused on the Promenade part of the RiverLink project indicates it will be a catalyst for significant social and economic developments in the Lower Hutt CBD through both residential and commercial growth.
This development promotes our CBD as a vibrant, attractive and liveable area. It will have an economic impact on our local Gross Domestic Product, employment, household and business income, while increasing our capacity to undertake future investments by growing Council’s rating base.
The Promenade is an effective way we can stimulate private investment and economic activity in the CBD and beyond. An economic impact assessment of the Promenade and the potential follow-on private developments includes a one-off public and private construction impact, new residents’ spending, new jobs (partly created by companies acquiring new office spaces), increased visitor spending, increased property values due to developed green space, walkability, access to public transport, and flow-on effects.
The medium growth scenario projects development of 49,000 m2 of commercial space, enabling an additional 2700 people to work in the CBD, as well as 1300 new apartments that would accommodate 2600 people.
These investments and activities would contribute $2.5 billion to the local economy over 20 years.
Where are we at?
The Promenade project is part of our proposed Annual Plan 2016/17, which we'll release in late March to consult with the community.
Read more about how the overall RiverLink project is progressing on the project website, www.riverlink.co.nz
Read more about Making Places, Council’s long-term development strategy for the Hutt CBD.