1765 days ago

Million-dollar dumps: The Auckland car park worth $82.5 million

Caroline Williams Reporter from Auckland Stuff

Downtown Auckland is going through huge transformation with its various streetscape and transport projects. But in stark contrast, several plots of land worth hundreds of millions of dollars have sat as car parks since buildings were knocked down in the 1980s.

The Elliott St car park sits on a 4417 square metre plot of land, valued at $82.5 million.

The land has sat undeveloped as a car park - where an hour will cost you $19 - since the Royal International Hotel was demolished in 1987.

It was purchased by Singapore company NDG Asia Pacific (NZ) Limited for $53m in 2012, and in 2017 the company was given approval by the Overseas Investment Office to build and operate a 52-storey, five- star Ritz-Carlton Hotel, with 300 guest rooms, four floors for hotel facilities, six for retail and five for car parking.

The development is expected to cost $350m, with the start of construction dependent on the completion of City Rail Link. However, the resource consent for the tower is due to expire in October.

Click 'read more' for our full story.

More messages from your neighbours
1 hour ago

Summer Sunday Barefoot Bowls - Kohi Bowling Club

Cynthia Morris from Kohimarama Bowling Club

We are stretching out summer vibes with social Sunday lawn bowls in Kohimarama. Come hang out at ours!

No need to register, but reserve a rink for your group in advance - simply email letsplay@kohibowls.org with name / contact details / number in group and time. We will reserve a rink for you for one hour - if there is a wait, take a break at the bar and have a sausage and we will get you back onto another green if you want to play more before 4pm.

Image
18 hours ago

🪱🐦 When are you the most productive? 🌙🦉

The Team from Neighbourly.co.nz

The Post has been diving into our daily habits, and research suggests being an early bird or a night owl isn’t just a choice—it’s biology! We all have that specific time when our brains finally "click" into gear.

This raises a big question for the modern workplace. To get the best out of everyone, should employers accommodate our natural body clocks? This idea is at the heart of the four-day work week and flexible scheduling movements.

We want to hear from you:
1. When does your brain "click" into gear?
2. Would a flexible (or shortened) schedule change the way you work?

Image
8 days ago

Poll: If we want to reduce speeding, what do you think actually changes driver behaviour? 🛻🚨🚓

The Team from Neighbourly.co.nz

In the Post's article on speeding penalties, the question is asked whether speeding fines are truly about road safety, or are they just a way to boost revenue for the Crown?

What do you think? Should speeding motorists receive speeding fines or demerit points?

Image
If we want to reduce speeding, what do you think actually changes driver behaviour? 🛻🚨🚓
  • 35.8% The sting of a fine (Money talks!)
    35.8% Complete
  • 64.2% The threat of demerit points (Nobody wants to lose their license!)
    64.2% Complete
1096 votes