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Summary
- Golden Mile envisioned to be car-emission free in the next three years.
- Affordable housing instead of pre-1930 homes proposed as a solution to the growing housing concern.
- Resistance being faced by retailers who believe this move will harm business.
One of the major parts of the central Wellington City has planned to ban the entry of cars completely in the “Golden Mile”. The area in question is between the Courntenay Place and Beehive and the government plans to make it completely car free and subsequently emission free as a part of their revamp scheme.
It is further being planned that the footpath in the location be made wider by 75% and more importance be given to travel through buses and cycles. The same shall be done to the stretch between Willis Street and Lambton Quay, besides Manners Street.
Also read: Why to consider investing in industrial stocks?
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Green Plans
The country has made plans to develop itself into one that gives out less carbon emissions and move towards a cleaner, greener tomorrow. Right from encouraging public transport and the use of bicycles rather than cars to most recently offering discounts on electronic vehicles according to the clean car discount scheme, efforts are being made.
Also read: Can New Zealand make a complete switch to biofuels?
Retailers on the other hand, are not very happy with these recent turn of events as they feel this is going to have detrimental effects on their economic recovery process. Very recently, as things have started coming back to normal and trade barriers are being lifted, the retailers are beginning to make business as usual and the imposition of this ban on cars might mean disrupting that.
Read more: Reserve Bank of New Zealand adds a new tool to control house prices
Housing Aid
Also, in another aspect of the announcement, the Government has planned to counter develop denser housing facilities in the inner sections of the city. The plan is to remove the anti-demolition status of various vintage homes in the vicinity so that area is freed up for more affordable housing in the near future.
This shall be a way of dealing with the ever-growing housing crisis in the country. Affordable homes are becoming a distant dream especially for first time homeowners and the government is of the view that the development of apartment buildings in the area can be a way of dealing with that problem in the course of the next 30 years.
