Further to our letter of 1 March 2010, we write to provide you with an update on the Drury South Business Project.
Since the previous correspondence I have taken-over as Chief Executive of Stevenson Group Limited. I have spent time over the last two months reviewing the Drury South project, and have met many people in the district to discuss the project and its implications. While we appreciate that there are challenges to overcome, I am excited at the prospect of the Stevenson Group facilitating an initiative which has the potential to deliver approximately 7,000 direct jobs and induce a further 12,000 jobs in the wider region.
As you will be aware, our project team is working with Papakura and Franklin District Councils to advance the technical analysis required to form the basis of the proposed district plan change applications. Unfortunately, as is often the case with large projects such as this, this exercise is taking longer than we had originally expected.
In recent weeks we have been asked by the Councils to bring forward a package of work relating to how the project infrastructure will be established. We were previously intending to undertake this analysis once we had lodged the district plan change applications. However, after further dialogue with the Councils we have agreed to complete this analysis now so that it can accompany these applications when they are lodged.
We are currently scoping these tasks, but at this stage it looks as though they are going to take several months to complete. We will update you again as the programme for lodgement becomes more clearly defined.
In the meantime, if you wish to keep informed on the project we recommend that you subscribe to the free update service on the website (www.drurysouth.net.nz), as we will post updates and information on the site as it comes to hand. Alternatively, if you wish to talk with one of our representatives about the project, you can call on 0800 000 583.
Yours faithfully
Mark Franklin
Chief Executive
STEVENSON GROUP LIMITED
