RLB CRANE INDEX®
The removal of one crane and the addition of eight new long-term cranes sees 13 cranes in the region.
Q3 2024
Highlights
The RLB Crane Index® increased by 300 index points to a record high of 650 index points in Tauranga. The removal of one crane and the addition of eight new long-term cranes sees 13 cranes in the region.
Existing cranes remained at the Tauranga City Council Office, Northern Quarter and Te Manawataki Community Hub projects.
Eight new long-term cranes were installed:
- Four additional cranes were added to the Tauranga Northern Link Project
- Commercial cranes were placed on Panorama Towers, and Craigs Investment Partners House
- Two civil cranes were set up at Tauranga Boardwalk, and Papamoa Eastern Interchange
One crane was removed from the Papamoa College on Doncaster Drive.
Building work put in place in the North Island (excluding the Auckland, Waikato and Wellington regions) rose by 1.0% from $2.75b in the first half of 2023, to $2.78b in the same period in 2024. The residential sector rose by 2.3%, while the non-residential sector fell by 1.2%.
Overall building consents were down by 18.2% in the first half of 2024, with $2.0b worth of approvals recorded, compared to $2.5b in the same period last year
Q3 2024
Summary
| Region | Change | |
|---|---|---|
| TAURANGA | 7 | |
| Sector | Change | |
|---|---|---|
| AGED CARE | N/A | |
| CIVIC | 0 | |
| CIVIL | 6 | |
| COMMERCIAL | 2 | |
| DATA CENTRES | N/A | |
| EDUCATION | -1 | |
| HEALTH | N/A | |
| HOTEL | N/A | |
| MIXED USE | 0 | |
| RECREATION | N/A | |
| RESIDENTIAL | N/A | |
| RETAIL | N/A | |
Q3 2024
Crane Activity
By Region
OPENING / CLOSING COUNT COMPARISON
| OPENING COUNT | MOVEMENT | CLOSING COUNT | |||||
|---|---|---|---|---|---|---|---|
| Q1 2024 | % | NET | Q3 2024 | % | |||
| TAURANGA | 6 | 4.3% | 8 | -1 | 7 | 13 | 10.5% |
By Sector
OPENING / CLOSING COUNT COMPARISON
| OPENING COUNT | MOVEMENT | CLOSING COUNT | |||||
|---|---|---|---|---|---|---|---|
| Q1 2024 | % | NET | Q3 2024 | % | |||
| AGED CARE | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| CIVIC | 1 | 16.7% | 0 | 0 | 0 | 1 | 7.7% |
| CIVIL | 1 | 16.7% | 6 | 0 | 6 | 7 | 53.8% |
| COMMERCIAL | 2 | 33.3% | 2 | 0 | 2 | 4 | 30.8% |
| DATA CENTRES | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| EDUCATION | 1 | 16.7% | 0 | -1 | -1 | 0 | 0.0% |
| HEALTH | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| HOTEL | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| MIXED USE | 1 | 16.7% | 0 | 0 | 0 | 1 | 7.7% |
| RECREATION | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| RESIDENTIAL | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| RETAIL | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| TOTAL | 6 | 4.3% | 8 | -1 | 7 | 13 | 10.5% |
RLB CRANE INDEX®
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