1757 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
11 hours 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?

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If we want to reduce speeding, what do you think actually changes driver behaviour? 🛻🚨🚓
  • 30.2% The sting of a fine (Money talks!)
    30.2% Complete
  • 69.8% The threat of demerit points (Nobody wants to lose their license!)
    69.8% Complete
182 votes
5 days ago

Poll: Is Auckland’s economy improving?

The Team from Neighbourly.co.nz

The latest reporting from The Post suggests a wave of optimism for 2026. With interest rates finally heading south, businesses are feeling more positive. But for many on the ground, the real-world recovery feels a bit like a slow-moving commute on Auckland's motorways.

We want to know: Are you seeing signs of Auckland's economy improving in your industry or neighbourhood? Whether it's busier shops, new projects kicking off, or just a shift in the mood ...

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Is Auckland’s economy improving?
  • 17% Yes
    17% Complete
  • 65.4% No
    65.4% Complete
  • 17.6% A little
    17.6% Complete
182 votes
5 hours ago

Te Atatu Food Truck Friday - THIS Friday - March 6th

Joseph from Te Atatu South

Te Atatu Food Truck Fridays is back this Friday if you’re looking for something fun to do on a Friday night.
| March 6th | 4:30pm – 8:30pm | Te Atatū South Community Centre

- A stacked mega line up of food trucks including Those Guys J & M burgers, Gyrolicious Greek, Baja Tacos, Natalia’s Food Journey, Akemi’s Gyoza (Japanese dumplings), Cream Ice Cream and Ae Brew (coffee/ matcha).
- Live Music with the captivating Lauren Collins
- Free ReCreators kids’ craft workshops
- Repair Café – bring along small household items for free repairs (koha appreciated).

Come join us for a relaxed, family-friendly night out in the community. Plenty of parking and seating or picnic in the park.

📅 Save the date at www.facebook.com....