More than $89million is being poured into investments throughout Tauranga with city leaders predicting the area will become one of the country's major economic hubs.
A medical centre and motel in Cameron Rd, a new radiotherapy centre, a birthing clinic, new shopping centres and new factories are among the $89.6million of developments under way. A state-of-the-art aquatic centre is lined up for Pyes Pa (see page 9 for details).
Priority One chief executive Andrew Coker said current construction was just the tip of the iceberg with growth expected to increase over the next 10 years.
"In the next five years we'll see even more growth than we've seen in the last 10. That's really positive growth. That's in terms of businesses moving here," he said. "We'll see growth on growth."
The investment would drive the change from a population-driven economy to one that had a sustainable economic base that would see it placed as "one of the major economic hubs of the country". The current growth reflected investor confidence in Tauranga's commercial sector, he said.