NZ Urban Development news from the media | 3 September 2024 | New apartment complex for central Auckland suburb

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Hi *|FNAME|*, Please find below Urban Development News from the media from the week of 3 September 2024.

Provided by Rockhopper Development Management & Property Advisory, a member of:                             
  
                


New apartment complex for central Auckland suburb

Designed for older people or those with health needs, the new one-bedroom units with accessible bathrooms will provide homes close to important amenities.

Patrick Dougherty, General Manager Construction & Innovation at Kāinga Ora says it is fantastic to see the apartment complex completed. “Construction of this project commenced at the same as time as the global COVID-19 pandemic,” he says.

“The development uses offsite manufactured units, built offsite in a factory, and is the largest social housing development Kāinga Ora has completed using this method of construction to deliver new state homes to kiwis in need.

“It is made up of three buildings with separate entrances and lobby areas, lift access to all levels, a community room complete with a kitchen, meeting room and gardens for residents to enjoy. With modern designs, the complex is stunning and will help create a sense of community for all who live there.

https://kaingaora.govt.nz/en_NZ/news/new-apartment-complex-for-central-auckland-suburb/


New hotel in Lake Hāwea and five-star refit in Queenstown

Lake Hāwea is set to get a new hotel and commercial precinct, while Queenstown’s Nugget Point Hotel has closed its doors for “significant refurbishment”.

On Sunday, Quartz Development Group shared its plans for a new project, Lake Hāwea Hotel and Residences, to replace the existing Hāwea Hotel.

They included a hotel, visitor accommodation, private residences, hospitality, retail and entertainment sites as well as a premium, 20-lot lakefront subdivision.

Managing director Matt Laming said the Hāwea Hotel’s existing buildings were no longer fit for purpose.

https://www.stuff.co.nz/business/350399252/new-hotel-lake-hawea-and-five-star-refit-queenstown

Rich-lister Ben Cook offloads NZ’s largest Bunnings Warehouse for $51m

Rich-lister property developer Ben Cook has sold New Zealand’s largest Bunnings Warehouse for $51 million, OneRoof can reveal.

The 16,000sqm branch of the DIY retailer, which sits on a 21,200sqm site in Auckland’s Westgate shopping park, was bought by property investment firm Investore at the end of last month.

Investore announced on NZX that it had "entered into an unconditional agreement to acquire Bunnings Westgate, for an initial purchase price of $51 million, payable in cash".

https://www.oneroof.co.nz/news/rich-lister-ben-cook-offloads-nzs-largest-bunnings-warehouse-for-51m-46147

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