Tenant Prospectus for NGAWHA - ngawhapark.nztraining/workforce development, innovation and productivity, and business development. • The Park will establish a model of economic/industrial

Tenant Prospectus for

NGAWHA INNOVATION & ENTERPRISE

PARK

Location• 3km east of Kaikohe on State Highway 12

• Direct access routes via State Highway 1 or 15

• 30 minutes from Bay of Islands Airport.

• Approximately 90 mins from Marsden Point/Northport.

• Within a 90 minute radius of the most productive land in Northland.

• Close to Top Energy’s geothermal power generation plant.

Ngawha Innovation and Enterprise Park Tenant Prospectus

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The Park • Greenfield development on land currently used as a dairy farm

• The Park is not a traditional industrial estate - it is designed around natural contours, preserving ecologically sensitive areas and preserving flora and fauna. Approximately 33% of the Park will remain undeveloped.

• The 237 hectare area comprises 180 hectares of developable space.

• 40-60 hectares of the Park’s developable land is available for horticulture.

• Park businesses will have access to core facilities in a centrally-located Innovation Hub. These include on-site education and training for staff, research and development and business expertise, and state-of-the-art video conferencing and meeting facilities.

• The Park’s objective is to attract complementary industries with symbiotic manufacturing/ production processes.

This will result in: - beneficial relationships around waste and recycling - energy/ heat/ CO2 production and use - economies of scale


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Goals of the ParkTo increase:

• Employment opportunities for the Far North district (particularly Mid-North)

• Productivity and GDP of the district and region

• Protection of the land and water resources

• Utilisation of Māori land for the benefit of their iwi/hapū

The Park is trying to achieve this by:• New and expanding businesses – attracting businesses that are new to

the region, or expanding and attracted by the environmental and social purposes of the Park.

• Value-added manufacturing - attracting value-added businesses that extract greater value from primary sector production.

• Circular/closed loop economy – attracting symbiotic production/ manufacturing, bringing cost-savings for businesses and improving their environmental footprint.

• Complementary - attracting businesses that complement those in the District and that support higher-value land use.

• Workforce development – providing bespoke education and training for employers and employees – especially on-site and on-the-job.

• Innovation - providing a central location for R&D activity that supports not just Park businesses but the wider region.

• Co-location – mix of businesses ranging in maturity and expertise, enabling mutual support.


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Purpose of the Park

The Park Masterplan

Tenant Prospectus

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Closed Loop production system benefits businesses• Potential Park tenants will benefit from and/or add value to

the Closed Loop model.

• Emerging, environmentally-sustainable industries, and innovative companies that complement these, will be attracted to/ actively sought to locate within the Park.

• The Park’s activity will contribute to the wider well-being of the District by providing jobs and by demonstrating alternative business models to local producers.

• Relevant businesses looking at ways to lower their environmental footprint will come to the Park.

• The Innovation and Education Hub, developed at the outset for the benefit of Park businesses, will support on-the-job training/workforce development, innovation and productivity, and business development.

• The Park will establish a model of economic/industrial development that is future-proofed and becomes more attractive to entrepreneurs and investors.


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Figure 1: Example of potential closed loop production system at the Park

Where will the workforce come from?• Locals with skills and experience, currently working outside

the region but looking to return home

• Locals currently in employment elsewhere in the region, who want to work closer to home

• Those in seasonal jobs, who are looking for permanent, full-time work

• Locals wanting to upskill

• Beneficiaries looking for work

• Released inmates from Northland Regional Corrections Facility.

How will the Park support your workforce needs?• We will provide an Education and Training Coordinator for the Park

whose role will be to:

- help you create workforce development plans for your business and ensure that your workforce will be ready to work in your business the minute it’s up and running at the Park

- work with education and training agencies to provide bespoke training to meet your and your employees’ needs

- where required, provide pastoral support for employees to address workplace/whānau/personal issues so you don’t have to do it and so your employees can keep coming to work

• Provision of ongoing, on-site, on-the-job training through the Innovation Hub that is tailored to the needs of your business and employees.


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Workforce Provision

The Developer• Far North Holdings Ltd (FNHL) is the commercial arm of Far North

District Council (FNDC). It owns, develops and manages a range of land and assets on behalf of the District including the district’s airport, wharves, marinas, education and health buildings and commercial property.

• It is developing and promoting this opportunity with the support of the local community and the region’s economic development agency Northland Inc.

• FNHL is undertaking this development on behalf of the District to catalyse new economic development activity. As such, its shareholder (FNDC) has agreed to lower-than-commercial returns in exchange for wider economic, social and environmental returns to the District.

• FNHL will manage and oversee the development of the Park and will manage the day-to-day operation of the wider Park and the buildings it leases to tenants. It will do this with the input of an Advisory Group made up of businesses at the Park and local iwi.

• The commitment to see the Park develop according to the founding concept will be achieved through FNHL’s ongoing role in developing the Park land at later stages.

• Any land sold to businesses within the boundaries of the Park will be subject to covenants to preserve its objectives.

The Funder• The government is providing funding to develop the

infrastructure for the Park, including road junctions onto State Highway 12, services, water storage and treatment, site preparation, and resource consent for the Park and its general activities. Provincial Growth Funding has been approved in principle to cover these costs.

• FNHL has been working on behalf of a group of potential Park businesses to source impact investment funding, with more favourable conditions than usual commercial finance for activities where there are wider social and environmental benefits.

• FNHL has also provided support for businesses seeking funding where appropriate from other sources, such as the Provincial Growth Fund and impact and philanthropic investors.

• Northland Inc, the regional economic development agency, is a partner with FNHL in this development and can provide support for feasibility and business-case work, as well as access to Regional Business Partners funding support which covers business capability building, and research and development.


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Business Profile Those seeking:• Cheaper land/ rental costs

• Raw/ waste materials that are available in the region

• Expansion within the region, or establishment of a business that is new to the region

Shared commitment to:- symbiotic/closed loop manufacturing.- employing local despite the challenges.- care and protection of the environment in the way you carry

out your business. - innovation and R&D potentially with others with shared interests

Occupancy OptionsA variety of occupancy options are available including:• Freehold land sales

• Design and build

• Rent to purchase

• Equity partnership


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What kinds of tenants is the Park seeking and what are the occupancy options?


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Stage 1 Development

Horticulture/Glasshouses – 10 hectares of glasshouses. Opportunities for polytunnels and external horticulture for commercial/trial production.

Trades Training Centre – trades training for taitamariki in the district (free courses for 16-19 year olds), providing wrap-around support. Business has been operating since 1980.

Culinary Oil Production and biogas plant – expansion of a global culinary oil processing and exporting business including a biogas unit to process waste.

Innovation and Education Hub – to support workforce development, business development and research and development.

Manuka Tea – commercial tenant attracted by potential co-location with Manuka Oil distillery.

What will the Park provide for tenants?• Bespoke units designed for your business• Fully-serviced, landscaped sites• No architect or design fees• Flexible lease terms • Rentals between 60-80% less than

Auckland prices

What will the Park provide for land tenants/ buyers?• High-grade, quality horticultural sections• Flexible lease /purchase options• Fully road-accessible• On-site water supply

What will the Park provide investors/owner occupiers?• Design and build package available• Fully-serviced landscaped sites• All resource consent fees paid• All development contributions paid• No Developer’s profit or project-

management fees charged• Land prices between 60-80% less

than Auckland


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Support for different options?

In addition all parties receive• Discounted line charges and wholesale electricity pricing for an initial 10-year period

• Support for workforce development • On-site skills training facility• Access to facilities in a dedicated Business Hub

• Waste cost-savings through Closed Loop environment


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Stage 1 Development: Innovation

Business Proposal Investment being made Innovation Component

Horticultural/Glasshouse production

10ha of Organic Glasshouses. 40ha available

$53mFirst Organic-Certified

Glasshouse.Trial Crop Production.

Culinary Oils processor

2,000m2, Processing Plant $3m

Anaerobic Biofuel plant converting processing waste and dairy farm

effluent to biofuel.

Training Centre and prefab housing provider

2,500m2 production and training space

for 100 trades trainees

$3.8mTrades Training with secondary outcome

of social housing.

Innovation and Education Hub

1,500m2 unit to provide R&D, and

Education/Training for Park tenants

and wider primary sector

$7.5m

First such facility in Northland and located on the Park to support tenants establish and

develop their businesses.

Native plant honey/tea and oil products

800m2 Manuka related products $3.5m First Manuka Tea plant

in New Zealand

TOTAL INVESTMENT $90.3m

Infrastructure $19.5m

Total Investment in Stage 1 $70.8m

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Stage 2 Tenant Interest

Manuka Oil Distillery – utilisation of Māori land adjacent to Park, creating jobs (nursery, planting, harvesting, processing, packaging) for hapū and whānau, and released inmates of NRCF.

Green Carbon manufacturing – new, clean manufacturing process using saw dust, clean wood waste.

Bioenergy –anaerobic digestion taking food waste from Auckland and region to create energy and CO2 for glasshouses.

Engineered wood – technology to saw logs that maximises the yield from individual logs. First plant established in Gisborne; Northland would be second plant.

Food manufacturing – vegan food producer, juice manufacturer.

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Stage 3 Opportunity

Glasshouses – additional 4-hectare area set aside; possibilities include berries, hemp and vanilla.

Bio-energy production – interest in this area has been strong and expect by this stage that a second producer of bio-energy will be located at the Park.

Outdoor organic horticulture – to be developed as demonstration with other commercial partners.

Food Manufacturing – expect that increased horticulture in the region will drive more value-added manufacturing.

Wood veneer manufacturing – from waste wood recovered from local rivers.

FNHL is happy to meet you wherever in the country your business may reside and are offering a free, no-obligation concept design using the appointed architects, Eclipse, to allow your company to review the opportunity offered by the Park.

Andrew NockFar North Holdings Ltd027 567 8111 [email protected]

Joseph StuartGeneral Manager, Business Innovation & Growth Northland Inc

021 977 706 [email protected]

Sue DobbieFar North Holdings Ltd027 456 7524 [email protected]

For further information please contact:

Documents

Tenant Prospectus for NGAWHA - ngawhapark.nztraining/workforce development, innovation and productivity, and business development. • The Park will establish a model of economic/industrial