Good news this week regarding progress on TC3 land in Christchurch.
Canterbury Earthquake Recovery Minister Hon Gerry Brownlee has just held a workshop with around 100 stakeholders in the rebuild, from the insurance, engineering, building, legal and real estate sectors. His goal was to find common ground to resolve issues in TC3.
He emphasises that progress is being made in TC3, with EQC and private insurer's drilling programmes progressing well, and some insurers ramping up repairs and beginning their rebuild programmes, but believes things can move more quickly.
Minister Brownlee convened the workshop because he wanted to be sure all parties understood the reasons for developing the technical categories. He explained that it was to ensure houses were built in a way that appropriately reflected the soil structure under them, which would then protect equity and future property values.
1. Of the approximately 180,000 homes in greater Christchurch 28,000 are in TC3
2. Of that group around 10,000 are likely to require a rebuild or significant foundation repairs
3. Appropriate building options are available for all three technical categories across greater Christchurch
The Minister is confident there is now a sound basis for insurers to accelerate the rebuilding and repair of homes in TC3 and I am very encouraged by his initiative and its resulting dialogue. It is clear he feels the workshop was a positive step and is confident progress has been made to overcome and minimise barriers to rebuilding on Technical Category 3 (TC3) land in greater Christchurch.
If you have any TC3 queries, feel free to contact my office email@example.com or phone 365 8297.