RLB CRANE INDEX®
In Tauranga, the RLB Crane Index® increased by 100 index points to 300—up from 200 points in the last edition.
Q1 2024
Highlights
In Tauranga, the RLB Crane Index® increased by 100 index points to 300—up from 200 points in the last edition. With the removal of one crane and the addition of three new long-term cranes, there are now six cranes in the region.
Existing cranes remain at the Tauranga City Council Office, Papmoa College and Tauranga Northern Link projects. Three new cranes were placed on Northern Quarter, Panorama Towers and Te Manawataki Community Hub projects.
The Farmers project on Elizabeth Street is nearing completion and one crane was removed from the site.
Building work put in place in 2023 in the North Island (excluding the Auckland, Waikato, and Wellington regions) rose by 1.6% from $5.7bn to $5.8bn. The residential sector fell by 2.3%, while the non-residential sector grew by 8.7%.
Overall consents were down by 5.1% in 2023, with $4.7bn worth of approvals recorded, compared to $5.0bn in 2022.
Q1 2024
Summary
| Region | Change | |
|---|---|---|
| TAURANGA | 2 | |
| Sector | Change | |
|---|---|---|
| AGED CARE | N/A | |
| CIVIC | 1 | |
| CIVIL | 0 | |
| COMMERCIAL | 1 | |
| DATA CENTRES | N/A | |
| EDUCATION | 0 | |
| HEALTH | N/A | |
| HOTEL | N/A | |
| MIXED USE | 0 | |
| RECREATION | N/A | |
| RESIDENTIAL | N/A | |
| RETAIL | N/A | |
Q1 2024
Crane Activity
By Region
OPENING / CLOSING COUNT COMPARISON
| OPENING COUNT | MOVEMENT | CLOSING COUNT | |||||
|---|---|---|---|---|---|---|---|
| Q3 2023 | % | NET | Q1 2024 | % | |||
| TAURANGA | 4 | 2.8% | 3 | -1 | 2 | 6 | 4.3% |
By Sector
OPENING / CLOSING COUNT COMPARISON
| OPENING COUNT | MOVEMENT | CLOSING COUNT | |||||
|---|---|---|---|---|---|---|---|
| Q3 2023 | % | NET | Q1 2024 | % | |||
| AGED CARE | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| CIVIC | 0 | 0.0% | 1 | 0 | 1 | 1 | 16.7% |
| CIVIL | 1 | 25.0% | 0 | 0 | 0 | 1 | 16.7% |
| COMMERCIAL | 1 | 25.0% | 1 | 0 | 1 | 2 | 33.3% |
| DATA CENTRES | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| EDUCATION | 1 | 25.0% | 0 | 0 | 0 | 1 | 16.7% |
| HEALTH | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| HOTEL | 0 | 0.0% | 0 | 0 | 0 | 0 | 0.0% |
| MIXED USE | 1 | 25.0% | 1 | -1 | 0 | 1 | 16.7% |
| 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 | 4 | 2.8% | 3 | -1 | 2 | 6 | 4.3% |
RLB CRANE INDEX®
PREVIOUS EDITIONS
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