Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Wellington developer nabs key Auckland wharf project

Wellington developer nabs key Auckland wharf project

By Pattrick Smellie

July 3 (BusinessDesk) - Welllington property developer Willis Bond has won the contract to build up to 600 residences, the first residential development in the revitalised Wynyard Quarter, on docklands in Auckland near the city's central business district and the earlier Viaduct project that has brought the city closer to its waterfront.

A survivor during the global financial crisis, Willis Bond developed the up-market Chews Lane apartment project in Wellington, which preserved historical features while building a large residential complex above two historic CBD buildings, as well as Sunderland at Hobsonville Point in Auckland, and Clyde Quay Wharf and One Market Lane, both of which have placed large numbers of apartment dwellers on the waterfront in Wellington.

"Willis Bond will build 500 to 600 homes as part of a mixed use development in the centre of Wynyard Quarter, which will also incorporate 48,000 square metres of new office space and a five star hotel to be delivered by separate developers," Waterfront Auckland chief executive John Dalziell said in a statement.

"Willis Bond, has a strong track record of delivering large-scale, high quality developments in urban and waterfront settings" and followed an 18 month competitive tender process that attracted 20 parties.

The first homes in the central part of Wynyard Quarter are expected to be available to purchase off the plans by late 2014 and once completed, the development is expected to house more than 1,100 residents.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Strike: Lyttelton Port Workers Vote To Escalate Dispute

Members of the Rail and Maritime Transport Union (RMTU) at Lyttelton Port today voted to escalate their industrial action. Around 200 RMTU members have been operating an overtime ban since 17 December and today they endorsed a series of full withdrawals of labour at the port. More>>

ALSO:

Scoop Business: NZ Dollar Falls To 3-Year Low As Investors Favour Greenback

The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening other currencies against the greenback. More>>

ALSO:

Scoop Business: NZ Govt Operating Deficit Smaller Than Expected

The New Zealand’s government’s operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax-take from last month’s forecast. More>>

ALSO:

0.8 Percent Annually:
NZ Inflation Falls Below RBNZ's Target

New Zealand's annual pace of inflation slowed to below the Reserve Bank's target band in the final three months of the year, giving governor Graeme Wheeler more room to keep the benchmark interest rate lower for longer.More>>

ALSO:

NASA, NOAA: Find 2014 Warmest Year In Modern Record

Since 1880, Earth’s average surface temperature has warmed by about 1.4 degrees Fahrenheit (0.8 degrees Celsius), a trend that is largely driven by the increase in carbon dioxide and other human emissions into the planet’s atmosphere. The majority of that warming has occurred in the past three decades. More>>

ALSO:

Scoop Business: New Zealand’s Reserve Bank Named Central Bank Of The Year

The Reserve Bank of New Zealand’s efforts to stifle house price inflation by using new policy tools has seen the institution named Central Bank of the year by Central Banking Publications, a publisher specialising in global central banking practice. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news