Ngāi Tahu Property and ACC break ground on state-of-the-art building
A joint venture between Ngāi Tahu Property and ACC will transform a car park on a historic Dunedin street into a state-of-the-art building.
The Dowling St site was officially blessed with a karakia and sod turning on Tuesday morning.
The building is a 50:50 joint venture between Ngāi Tahu Property and the ACC investment yeam, and will feature 8000 square metres of office space.
As part of the deal, the Dunedin City Council sold the car park – which had been previously linked to other potential developments – to Ngāi Tahu Property for $3 million.
The new building is expected to be completed by early 2024.
New Year, New Questions You Won’t Solve!
I get smaller every time I take a bath.
What am I?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
Want to stop seeing riddles in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
Share your summer photos! 📷
Taken some beautiful snaps lately? Whether it's rainbows, sunsets or a beautiful summer's day, we'd love you to share the joy with us.
Share a photo in the comments below