NZ Urban Development news from the media | 28 May | Christchurch luxury apartment development restarts

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Hi *|FNAME|*, Please find below Urban Development News from the media from the week of 28 May 2019.

Provided by Rockhopper


Luxury apartment development restarts as ex-Chch mayor Bob Parker bows out

A Chinese investor has boosted his stake in a luxury Christchurch apartment project as former mayor Sir Bob Parker and other local investors bow out.

Foundations are about to be dug for the $70 million-plus Cranmer Gardens development opposite Cranmer Square, first launched with Parker as frontman in 2017.

The apartments will be priced at up to $4.25m, with most for sale in the $1m to $2.2m bracket.

Launched when New Urban Group bought the site in 2015 and revealed its plans in 2017, the project was paused last year for a cost-saving redesign.

https://www.stuff.co.nz/business/property/112962631/luxury-apartment-development-restarts-as-exchch-mayor-bob-parker-bows-out


Hamilton to Auckland train service to give commuters a choice, says Transport Minister Phil Twyford 

It's full steam ahead to get the new Hamilton to Auckland commuter train service into operation.

Transport Minister Phil Twyford and representatives from Hamilton and Waikato Councils took a tour of KiwiRail's Hutt workshops this afternoon.

KiwiRail is currently refurbishing carriages for the service, that will begin operation next year.

It has refurbished three locomotives that will pull the train and work is underway on 11 carriages.

https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=12232735


Dream of building hotel in Hastings comes to fruition after ten years in the making

A new 35-room apartment-style hotel is going to be built in central Hastings late next year.

The $8million hotel will be built in a vacant building behind the Hawke's Bay Opera House, Municipal Building and Plaza.

Wallace Development Company Ltd will construct the hotel, which will be operated by Quest Apartment Hotels – NZ.

Mayor Sandra Hazlehurst said the prospect of establishing a new hotel in the Hastings CBD had been a long-term aspiration for the council, and "it is really exciting to finally be able to announce this development".

"The council has been working to get a hotel into the central city for 10 years, and I need to acknowledge the work of previous councils who have helped with this journey."

https://www.stuff.co.nz/business/property/112981686/dream-of-building-hotel-in-hastings-comes-to-fruition-after-ten-years-in-the-making

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