Crown Road's new commercial property development is taking shape.
This sizeable addition to Taupo’s commercial property stock is making steady progress, with about 90 per cent of the underground services now installed. Later this month roads will be formed and sealed and soon after the remaining power poles will be removed. The development, next to Crown Road, will create 18 industrial lots on council-owned land. Councillor Anna Park says it is a win-win for the district.
“Our district is growing steadily and there is strong demand for commercial properties, which is great because more small and medium-sized businesses mean more jobs and economic vibrancy,” she says. “Developing this land makes good fiscal sense as it supports our local economy and raises revenue. It also allows us to make some improvements to the stormwater network in the area, and there will be a pathway through the gully linking Crown Road to the East Taupō Arterial highway, so there are connectivity benefits as well.”
The gully was recently planted in native trees, shrubs and ferns, so that once the development is complete it will be a pleasing green space to complement the nearby businesses.
The development is being undertaken in three stages, with the final stage scheduled for completion in mid-2025. Titles are expected to be available towards the end of 2025 or early 2026.
