More jobs in the city centre

However you define Auckland’s “city centre”, it’s been adding jobs rapidly in the last couple of years. Based on a narrow definition – roughly, the area bounded by the motorways – the city centre has hit a new milestone of 100,000 jobs, actually reaching almost 102,000 as at February 2016. Using a slightly wider definition, you could call it 111,200 jobs. This is the definition used by the Ministry of Transport when they were monitoring employment growth in the city centre. More on that below. Once you get beyond the motorways, which are pretty major barriers, there’s also plenty of employment close to the city centre even if you don’t consider …
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Auckland Office space Low – More on the Horizon

An interesting piece was hidden in the Herald’s business section yesterday from Chris Dibble, the national research manager at Colliers International talking about the shortage of office space in the central city. The amount of vacant office space in the Auckland CBD has been shrinking for the past three years as the economy grows, business confidence reaches record highs and supply stays still. The limited amount of available office space in Auckland’s CBD reached all-time lows at the beginning of the year. There was around 4000m² of prime vacant space and 100,000m² of secondary space. The critical shortage of prime office space led to a number of tenants staying put or …
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Job growth in New Zealand – Auckland leading the way

In a recent post I looked at the geographic distribution of New Zealand’s economic activity, finding that the majority of the country’s GDP is produced by its three major cities – Auckland, Wellington, and Christchurch. However, it’s also really important to look at the growth of regional economies over time. The US news site Vox recently published a great animated map that shows job losses and rebounding growth in the US following the Global Financial Crisis. It’s a great way of illustrating how severe an effect the recession had on some job markets, and how different cities bounced back at different rates. As it so happens, Statistics NZ has just …
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How rail upgrades help the North Shore

Whenever there is public discussion on projects that improve the rail network – whether it be electrification or the city rail link – we often see comments to the effect of “but it doesn’t do anything to help the North Shore”. We’ve written a number of posts in the past that look at this issue and primarily commented on the CRL as benefiting the North Shore by removing buses from CBD streets from parts of the region near the rail network, therefore freeing those streets up for more buses from places like the Shore. From next week I’ll be working on the Shore and it’s made me think about this some …
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What is employment in the city centre, anyway?

I wrote most of this post back in November, when the latest CBD-specific employment data came out. We didn’t publish it at the time, since we felt we had given the topic enough coverage already, but it seems appropriate to revisit it now that the Ministry of Transport has released some new documents on progress towards the government’s targets for starting the City Rail Link early. In a way, this can be thought of as an unofficial peer review of one of the MoT documents – a report by Richard Paling Consulting (abbreviated as RPC below). At least, it’s my own attempt to tackle the same questions as that report …
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Why being a liveable city is important economically

Len Brown made a big deal in his first term about making Auckland the world’s most liveable city and projects like the CRL are key to that vision. But when it comes to business and Auckland’s economy is that vision worth it or should we instead be focused on keeping rates as low as absolutely possible – as the likes of Cameron Brewer would have us do. Well a study just released out of the US suggests the focus on liveability is exactly what we should be doing if we want to build the economy and attract entrepreneurs. Richard Florida writing at the Atlantic Cities: Creating high-growth, high-impact entrepreneurial enterprises …
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Employment update: good or bad for the CRL?

As Matt wrote yesterday, it’s clear that central Auckland is becoming increasingly important for employment. So that’s good news for the City Rail Link, right? Well, it’s probably fair to call it mixed news. National’s ‘support’ of the CRL came loaded with a lot of conditions. They wanted to delay construction until 2020 – five years later than the Auckland Council wants. They said they’d consider starting it earlier, but with two fairly tough conditions: Public transport patronage had to start increasing towards a goal of 20 million passengers a year. Employment in the CBD had to be on trajectory to grow by 25%, half the increase discussed in the …
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Strong employment growth in the central city

Last week Statistics NZ released their business demography statistics for 2013 which provides a range of information about businesses in New Zealand. One of the really interesting bits of information included within the release are employee counts by geographic area, which can tell us the number of jobs in each area unit. The data is collected annually in February each year and is available back to 2000. So what’s happening with employment in Auckland? First of all, at a region wide level, you can see that at an increase of just under 6,300 jobs the increase was less than it had been for the prior two years. However, what we …
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Can we meet the targets to start the CRL early?

As I’m sure you can imagine with the transport announcement yesterday we will have heaps to talk about over the coming weeks. It is going to take us some time to fully go through everything so please bear with us as we do that however if there is a particular topic you would like to see on the blog please feel free to provide a guest post. Today I’m not going to look at the additional projects announced yesterday but am just going to focus on the further details we received about the City Rail Link yesterday, in particular what is needed to bring the project forward from the governments …
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