Please select your home edition
Edition
HALLSPARS_BOOMS_SW_728X99-lot-99

America's Cup: New marine facility confirmed for Auckland

by Sail-World.com/NZ and Panuku Developments 5 Feb 22:47 NZDT
The cirrent site occuppied by Orams Marine will be developed and expanded to include neighbouring Site 18 © Orams Marine

The $1.5billion a year New Zealand marine industry is expected to receive a significant boost with the announcement and sign-off on a massive refit facility adjacent to the America's Cup bases currently under construction in Auckland.

The facility will open out into Westhaven marina, the largest marina in the Southern Hemisphere. It will be on the western side of the Wynyard Point area which is the subject of major redevelopment given a new urgency by the 2021 America's Cup.

The new marine refit facility expected to create a boom in marine jobs and deliver significant marine and tourism spending has been confirmed for Wynyard Quarter, as the downtown Auckland area around Wynyard Point is known. The America's Cup bases are located on the eastern side of Wynyard Point.

The development has been advanced after the signing today of a Development Agreement between the city’s redevelopment agency Panuku Development Auckland and leading marine services company Orams.

It will combine Orams facilities and that of "Site 18" which is currently used by the world's largest sparmaker Southern Spars, and until late last year was partially used by Emirates Team New Zealand for its temporary America's Cup base.

It is a very significant development for superyachts coming to New Zealand or the SW Pacific for the America's Cup, who will now be able to combine the America's Cup with servicing by world leading marine companies including Southern Spars, North Sails, Doyle Sails and all other suppliers currently involved in the marine refit and servicing industry.

The new facility will feature a marine haul out and refit facility, commercial buildings and a residential tower on the northern end. It will target marine vessels up to 800 tonnes, which accounts for 85% of the world marine market.

As part of the analysis of the benefits of the America's Cup in Auckland it was calculated that each superyacht being serviced in Auckland spent $5million on average for a refit, which are now required every five years.

Seventy superyachts visited Bermuda over a six month period covering the 35th America's Cup, however Bermuda has no superyacht refit facilities. Around 90 superyachts are expected to visit Auckland for the America's Cup. Over 200 superyachts cruise the eastern coast of Australia each year. The new facility and capacity in Auckland, coupled with the presence of major marine firms, should be an attractive option to this market, if an investment is also made in selling the new facility to the owners and skippers of these vessels.

The marine industry in Auckland is already at full stretch on the basis of America's Cup and other work. That in turn has created a demand for skilled technicians which in turn has seen many companies initiate apprenticeship schemes in response to satisfy the demand.

The new facility is a welcome change from the trend of recent years which has seen marine industry squeezed out of the Wynyard Quarter area by residential and commercial developments, accompanied by a reduction in shore facilities.

A key feature of the new marine facility will be the construction of specialist servicing facilities in an area which has been used for boat and ship building for over a century.

Auckland Mayor Phil Goff says in a written statement, “The new marine facility in the Wynyard Quarter is expected to generate more than 500 jobs including as many as 200 apprenticeships.

“A piece of currently poorly utilised land will become the heart of a thriving marine enterprises precinct, which carries on the historic presence of boat building in this area.

“Built in time for the America’s Cup 36 races, the precinct will benefit hugely from the refit work which will be generated during the challenge from visiting superyachts and vessels. There can be no better time to launch this facility.”

The facility will be developed on the corner of Beaumont and Jellicoe streets on a site that adjoins Orams Marine Village and is known as Site 18.

It will provide increased maintenance facilities for Auckland’s ferries, fishing vessels and commercial vessels. The majority of existing marine business on the site will be accommodated within the new development.

The development agreement is conditional on the approval of the New Zealand Overseas Investment Office, which is expected to be known late February 2019.

Orams Marine CEO Neven Barbour says their proposal is for an exemplar development, being a unique mix of marine and residential uses.

“This proposal is the result of numerous studies focused on adding sustainable value to the marine industry and Auckland’s economy.”

Orams Marine Services Managing Director Craig Park says the marine sector is an important economic contributor to New Zealand and Auckland, and the city has a strong reputation for quality marine work.

“The marine refit facility will create more than 500 jobs and generate significant income for the marine and tourism industries,” says Park.

“The establishment of the Orams Site 18 facility will ensure the opportunity for wider industry and economic benefits will not be lost to offshore competitors.”

Park says Site 18 is considered to be the only marine-zoned site, of significant scale, within the Auckland area able to deliver a facility of this nature, and as such both parties are keen to see this development progress.

As part of the development the existing seawall will be replaced and contamination remediation works undertaken.

The America's Cup gets underway in Auckland in January 2021, it will be preceded by the Christmas Cup in mid December 2020, with the first race of the 36th Match being sailed on March 6, 2021.

Seven teams are entered for the event from Italy, Great Britain, Malta, United States (2), The Netherlands and New Zealand.

Related Articles

Am Cup: Old friends come to blows in Arb Panel
Emirates Team New Zealand confirm that there are more cases before the three-man Panel. Further to yesterday's publication of the first Decision by the America's Cup Arbitration Panel, Emirates Team New Zealand have confirmed that there are other cases before the three-man Panel. Posted on 8 Feb
Am Cup: Malta Altus cracks open nationality rule
The first decision of the America's Cup Arbitration Panel is a big win for the Maltese Challenge The Arbitration Panel for the 36th America's Cup has just released their first Decision of the 36th America's Cup. It is a big win for the Malta Altus Challenge Posted on 7 Feb
America's Cup: Nationality, AC World Series & more
36th America's Cup update - including base construction, Nationality issues, Malta Challenge & ACWS A look at the current news and developments on the 36th America's Cup including base construction, Britannia for Auckland, Nationality issues clarified, World Series event changes, Malta Challenge update and more. Posted on 31 Jan
America's Cup: Carolijn Brouwer named as a helm
Team The Netherlands presents its America's Cup Team at the opening of Team HQ in Scheveningen Wednesday 23th January marked a next major milestone in the foiling fast development of DutchSail, the brand of the movement that Simeon Tienpont has started by challenging Emirates Team New Zealand last November. Posted on 25 Jan
Dutch announce more on America's Cup Challenge
Team The Netherlands have released more details of their fledgling America's Cup team "Team The Netherlands," the new Dutch America's Cup team have released more details of their team, and campaign, which was announced as one of the three late Challengers on November 30, 2018. Posted on 24 Jan
America's Cup marine industry gets big order
America's Cup marine industry growth leads prime time TV news Video of the TVNZ prime time news of the $10million order for 24 RIBs from Protector - plus a chat with some of the other companies involved in the America's Cup industry including Southern Spars. Posted on 23 Jan
America's Cup: Update for January 23, 2019
Sail-World's Richard Gladwell and SailingIllustrated.com's Tom Ehman compare note Sail-World's New Zealand Editor, Richard Gladwell and SailingIllustrated.com's Tom Ehman compare notes on the current state of the America's Cup, ahead of the announcement by Team The Netherlands of the first Dutch America's Cup Challenger. Posted on 23 Jan
Am Cup: Building a base to build the boat
Team NZ has begun construction of its own America's Cup boat in its own purpose-built boatyard For the first time in the history of Emirates Team New Zealand, the team has begun construction of its own America's Cup boat in their own purpose-built boatyard on Auckland's North Shore. Posted on 23 Jan
America's Cup: Dutch team to announce next week
Dutch Am Cup team details emerge ahead of announcement, Marine industry boom times in NZ America's Cup news January 19, 2019: Team The Netherlands to announce at new Headquarters on Wednesday; Top NZ composites builder working with Stars & Stripes Team USA; Engine supplier for AC75 announced; NZ Marine industry in overdrive Posted on 19 Jan
Stars&Stripes Team USA unveils AC75 build details
Challenger aims to create sustainable legacy for American yacht industry Stars & Stripes Team USA, American flagged Challenger for the 36th America's Cup, today released additional details outlining their boat build and design process. Posted on 17 Jan
Collinson and CoWindBot-COACH-660x82PredictWind.com 2014