27 June 2019
Craggy Range Vineyards has gained consent to buy 115 hectares of Martinborough grazing land to convert it to more productive use as a vineyard.
The Australian-owned Craggy Range is buying the land from Murdoch James Trustee Limited and plans to plant at least 70 hectares in new vines and establish vineyard infrastructure.
New permanent and seasonal jobs will be created, and export receipts will increase to several million dollars as the vines come into full production. New capital will be invested in planting the vineyard, buying new equipment and installing vineyard infrastructure.
Environmental benefits include protection of land containing significant native vegetation, protecting walking access along parts of the land, and agreeing to transfer rights in the land under the Huangarua River to the Crown.
Land Information Minister Eugenie Sage and Associate Finance Minister David Clark approved the application by Craggy Range, which has previously established new vineyards and wineries, invested significant additional capital for development, created a substantial number of jobs, and delivered a growing annual export receipt revenue.
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