Ports of Auckland Limited has signed a conditional agreement to purchase 33 hectares of land at Northgate Business Park for development as a freight hub, the company said in its press release. The site has excellent road and rail connections and is located at Horotiu, 8km north of Hamilton in an area with growing manufacturing, warehousing and logistics businesses.
The development will adopt strong environmental principles, such as storm water treatment, rain water recycling and low energy use.
Ports of Auckland is now working through the conditions attached to the sale and is aiming to complete the deal by March 31.