Two new golf courses in $50m+ New Zealand expansion adjacent to Tara Iti
He’s already spent an estimated $100 million creating one of the world’s best golf courses in New Zealand. Now American billionaire Ric Kayne plans to spend a further $50m-plus developing two new beachfront links-style courses on land adjacent to and south of Tara Iti, on part of a 764ha block of land he wants state consent to lease for more than a century from the Ngāti Manuhiri iwi.
He proposes that 200ha goes to Auckland Council to extend existing reserve areas, having already gifted 200ha of land at Tara Iti as a reserve.
Kayne also plans to create visitor accommodation, a clubhouse, 60 new lots for homes, a public camping ground near the beach and a retail centre for food and surfing shops.
In a rare interview with the Herald, Kayne said: “The wider vision is now for the adjacent 700ha Mangawhai South Forest.
“Ngāti Manuhiri is partnering with Kayne and Darby Partners on a similar development. The goal is to create a significant recreational, economic and environmental asset for Auckland and New Zealand.”
Mook Hohneck, chairman of the Ngāti Manuhiri Settlement Trust, confirmed negotiations were under way for part of the 764ha the tribe bought as part of its Treaty settlement, but says some land has been sold and part is already reserve.
“We’re discussing with Kayne to lease part of the land which the settlement trust owns, to fulfil the tribal aspirations, both commercial and cultural. We want to realise the potential for the land. Because of our size and commercial capability, we see it as advantageous to have secure relationships with strategic partners, built on trust, honesty and goodwill.
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