A tiny hapu has been left "gob-smacked" at winning a battle to stop a United States-owned company from subdividing a third of the country's largest barrier island.
Blakely Pacific, a subsidiary of US forestry giant Port Blakely, yesterday announced it had withdrawn an appeal of an Environment Court judgment that overturned a decision granting resource consent for the development on Matakana Island, which shelters Tauranga Harbour.
The company, which holds a forestry investment on the island and in several other New Zealand properties, had proposed a subdivision of 50 high-end properties stretching 7km up the island.
In the face of opposition from local iwi, the Western Bay of Plenty District Council granted resource consent for the 1925ha venture in 2009.