Draft OARC Regeneration Plan - 2: Creating prosperity

People at a produce market

Objective: Create opportunities for sustainable economic activity and connections that enhance our wellbeing and prosperity now and into the future.

Prosperity is about far more than the economy. Prosperity also comprises a healthy and happy life, family and communities we are connected to, a safe clean and protected environment to live within, and opportunities to learn and develop, start a business or get ahead.

Regeneration can drive prosperity through increasing employment and productivity, in a way that also fosters vibrant and thriving communities that support the long-term growth in prosperity of Christchurch City and the Canterbury region.

Looking at global trends and taking a long-term view, the regeneration of the Ōtākaro Avon River Corridor can stimulate increased prosperity in a number of ways.

Increase competition for talent

There is an international shift towards flexible working arrangements that should encourage movement to cities with high liveability ratings. Christchurch must continually improve its competitive appeal by attracting and retaining local and international talent. Increased protection of the environment, as intended by the ecological restoration of the Regeneration Area, is critical to our appeal as a city and we must ensure we continue to develop it as our city grows.

Creating economic diversity

Developing a more complex and diverse economy, and producing the exports to match, is a long-term project for New Zealand given our comparatively large primary sector. Diversification depends on innovation and new opportunities to create an entrepreneurial environment. Successful trials of new crops, products or methods of production within the Regeneration Area could quickly spread across New Zealand’s industries.

Leading the response

At a national level, the Government has indicated a renewed focus on environmental policy, and particularly climate change policy through its proposed Zero Carbon Act, the Climate Change Commission and the One Billion Trees programme. This will strengthen existing mechanisms such as the Emissions Trading Scheme that offer financial incentives for sectors that demonstrate strong environmental commitment. Regions, cities, sectors and firms that have already invested in sustainable practices are well-positioned to benefit. The Vision for the Regeneration Area shows Christchurch is ready to lead this response.

Planning for growth

Smart growth means planning for what lies ahead. The world has many examples of cities that have expanded rapidly without any kind of planning. Christchurch has a rare opportunity to plan for the future without some of the restrictions other cities face. The opportunity to treat surface water through natural ecosystems, redesign transport networks and adjust to future sea level rise can ensure that further development contributes to improved quality of life and an enhanced natural environment.

New ways of working

The Regeneration Area offers opportunities to trial new industries and offer unique vocational pathways for young people from across east Christchurch and the rest of the city in sectors as diverse as urban farming, mahinga kai, construction of adaptable housing and social enterprises.

Objective: Create opportunities for sustainable economic activity and connections that enhance our wellbeing and prosperity now and into the future.

Prosperity is about far more than the economy. Prosperity also comprises a healthy and happy life, family and communities we are connected to, a safe clean and protected environment to live within, and opportunities to learn and develop, start a business or get ahead.

Regeneration can drive prosperity through increasing employment and productivity, in a way that also fosters vibrant and thriving communities that support the long-term growth in prosperity of Christchurch City and the Canterbury region.

Looking at global trends and taking a long-term view, the regeneration of the Ōtākaro Avon River Corridor can stimulate increased prosperity in a number of ways.

Increase competition for talent

There is an international shift towards flexible working arrangements that should encourage movement to cities with high liveability ratings. Christchurch must continually improve its competitive appeal by attracting and retaining local and international talent. Increased protection of the environment, as intended by the ecological restoration of the Regeneration Area, is critical to our appeal as a city and we must ensure we continue to develop it as our city grows.

Creating economic diversity

Developing a more complex and diverse economy, and producing the exports to match, is a long-term project for New Zealand given our comparatively large primary sector. Diversification depends on innovation and new opportunities to create an entrepreneurial environment. Successful trials of new crops, products or methods of production within the Regeneration Area could quickly spread across New Zealand’s industries.

Leading the response

At a national level, the Government has indicated a renewed focus on environmental policy, and particularly climate change policy through its proposed Zero Carbon Act, the Climate Change Commission and the One Billion Trees programme. This will strengthen existing mechanisms such as the Emissions Trading Scheme that offer financial incentives for sectors that demonstrate strong environmental commitment. Regions, cities, sectors and firms that have already invested in sustainable practices are well-positioned to benefit. The Vision for the Regeneration Area shows Christchurch is ready to lead this response.

Planning for growth

Smart growth means planning for what lies ahead. The world has many examples of cities that have expanded rapidly without any kind of planning. Christchurch has a rare opportunity to plan for the future without some of the restrictions other cities face. The opportunity to treat surface water through natural ecosystems, redesign transport networks and adjust to future sea level rise can ensure that further development contributes to improved quality of life and an enhanced natural environment.

New ways of working

The Regeneration Area offers opportunities to trial new industries and offer unique vocational pathways for young people from across east Christchurch and the rest of the city in sectors as diverse as urban farming, mahinga kai, construction of adaptable housing and social enterprises.