March 30, 2020

NZ Urban Development news from the media | 7 May | New Holiday Inn planned for Remarkables Park in Queenstown

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Hi *|FNAME|*, Please find below Urban Development News from the media from the week of 7 May 2019.

Provided by Rockhopper

Chinese investors plan new Holiday Inn for Remarkables Park in Queenstown

Chinese investors who backed off buying a large South Island farm are planning a new 182-room hotel in Remarkables Park in Queenstown to be run by the world's largest hotel operators IHG.

IHG announced it is set to open a Holiday Inn at Remarkables Park in Queenstown in two years, its second Holiday Inn in Queenstown, following it signing an agreement with QLong Investments, the hotel's owners, to run the new hotel.

The announcement comes amid a burgeoning number of hotel rooms being planned and under construction in the tourist mecca.

https://www.stuff.co.nz/business/112351059/chinese-investors-plan-new-holiday-inn-for-remarkables-park-in-queenstown-amidst-falling-occupancy-rates

New homes for Auckland families in need in Birkdale

Housing and Urban Development Minister Phil Twyford today officially opened 23 new state homes designed for Auckland families in the high-demand area of Birkdale.

“These 18 two-bedroom and five four-bedroom warm, dry homes on Chippendale Crescent have been designed to meet the needs of families in the area,” Phil Twyford. “They are close to a number of schools, the Beach Haven ferry to Auckland CBD, and are 4km from the Glenfield Mall.

“There is a real demand for public housing for families in need in the Birkdale, and Auckland region.

“In the wider Kaipatiki Local Board area, the demand for housing has been on the rise for a number of years. Since December 2017, the number of families or individuals waiting for a state house has nearly doubled to about 150.

https://www.beehive.govt.nz/release/new-homes-auckland-families-need

Auckland Council approves $500m City Rail Link bailout

Auckland councillors have agreed to pump an extra $500 million into the City Rail Link project.

It comes after bean counters revealed earlier this month that the transport project's budget had blown out by an extra $1 billion to a total cost of $4.419b

With Auckland Council and central Government having earlier agreed to fund the project 50/50, city councillors today formally voted to pick up council's share of the extra costs.

https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=12227361