Riccarton Racecourse Development

In May 2017, Cabinet approved the Riccarton Racecourse Development Enabling Order 2017, which will enable residential development on approximately 40 hectares of land situated on a portion of the Riccarton Racecourse site in Christchurch.

It is anticipated that around 600 new homes will be built on the site with 180 of these targeted at the more affordable end of the market.

The housing development has been facilitated by the passing of the Riccarton Racecourse Development Enabling Act and the Riccarton Racecourse Act in June 2016.

These pieces of legislation:

  • empower the Board of Trustees of Riccarton Racecourse to prepare, finalise, and implement a scheme to residentially develop approximately 40 hectares of land on the Riccarton Racecourse site (development land);
  • revoke the reserve status of that part of the Riccarton Racecourse site;
  • provide a mechanism for recognising Te Rūnanga o Ngāi Tahu’s right of first refusal to purchase the development land; and
  • outline the minimum requirements for a Development Scheme submitted to the Minister for Building and Construction for approval through Order in Council by the Governor-General.

 

The Development Scheme for the Riccarton Racecourse site was prepared by Ngāi Tahu Property Ltd and the Board of Trustees of Riccarton Racecourse.

Download the documents