NZ Urban Development news from the media | 6 August | $1b tower Takapuna scheme launched amidst strong local opposition

Posted on 30 Mar 13:09
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Hi *|FNAME|*, Please find below Urban Development News from the media from the week of 6 August 2019.

Provided by Rockhopper


$1b tower Takapuna scheme launched amidst strong local opposition

A $1 billion scheme to build 1400 apartments in eight tower blocks up to 30 levels high is planned at Takapuna's Smales Farm which has applied to Auckland Council to re-zone its greenfields or bare land so it can go ahead.

But business, schools and residents have lodged strongly-worded opposing submissions, fearing traffic effects, loss of privacy, noise and other negative effects.

https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12254334

Biggest increase to public housing in nearly 20 years

More than 2000 families have a place to call home thanks to the extra 2178 public houses delivered by the Government this year – the biggest increase in the number of public houses in approximately 20 years.

“By exceeding our target of 1600 additional public houses this year by 578, more New Zealanders now have a place to call home that is warm, and where they feel safe and secure,” Minister of Housing Megan Woods said.

“One of our first actions in Government was to stop the sell-off of state houses. We’re proud to have done that, and now to have boosted the public housing stock to support thousands of New Zealanders.

https://www.beehive.govt.nz/release/biggest-increase-public-housing-nearly-20-years


$400k unpaid agency commissions at Sargeson Apartments surprises

Trouble at a 92-unit Takapuna apartment project where Harcourts Cooper & Co is claiming around $400,000 commission has surprised one lawyer who said the project appeared successful.

Nick Kearney of Schnauer & Co Lawyers at Milford said he had not expected financial issues with Anzac St's Sargeson Apartments because around 85 per cent of the scheme had been sold.

https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12254044


Westfield Newmarket $790 million redevelopment to open August 29

Auckland's Westfield Newmarket will open its first 40 stores at the end of this month.

The $790 million flagship living centre has been under construction for two years, but will finally open its doors on August 29.

The mall will open with a new Farmers store, Chemist Warehouse and Australian furniture retailer Coco Republic's first New Zealand store. Shops including Kathmandu, Rebel Sport, and EB Games will also be part of the initial launch. 

https://www.stuff.co.nz/business/114696177/westfield-newmarket-790-million-redevelopment-to-open-august-29

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