Hamilton is experiencing good growth. We have cranes over our central city, expanded housing developments in the northeast and growing commercial construction in Te Rapa North area.
Overall, the growth looks good and will continue into the future.
There are some key contributors to this growth. First is our location with Hamilton the largest city that is close to Auckland.
Auckland is a growing city and will dwarf the rest of the country on a population and economic basis.
This is good news for Hamilton but it does raise some challenges, including a dilemma in the population distribution. It also creates social and infrastructural issues for a Government.
The growth of the Pacific Rim countries will also make Auckland a world class city with world class property prices. Hamilton will indirectly benefit from this but we will also face similar challenges.
Secondly, the infrastructural investment in our city has been crucial to its growth.
The investment taxpayers have made in the Waikato Expressway, the internal Ring Road Route, the hospital development and the ultra-fast fibre roll out have all helped and in this way, Hamilton can advantage of its proximity to Auckland and prosper.
The next question will be how do we further enhance our growth prospects and also deliver some solutions for the issues New Zealand faces with the growth of Auckland.
There will be continued business and residential growth between Auckland, Hamilton and Tauranga.
This will relieve some pressure from Auckland.
The golden triangle will eventually be connected by a series of businesses and residential centres.
These are exciting times for Hamilton and this part of New Zealand. We are in the right place at the right time.