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


Preparation has begun and construction of One Market Lane


Site preparation has begun and construction of One Market Lane will begin in January 2013

Willis Bond & Co today announced that site preparation is underway and construction of One Market Lane will start in in January 2013.

Twenty eight of the 43 apartments at One Market Lane have sold at a total value in excess of $45 million since marketing began in February this year.

David McGuinness, Director of Willis Bond & Co, and Project Director of One Market Lane, said today: “The demand for apartments continues to be very robust from people looking for an exceptional address in the heart of the city. The response has been testament to the apartments’ outstanding location, spectacular harbour and city views and the boutique nature of the development. The quality of the design, materials and finishes has also given buyers comfort that their apartments will stand the test of time.”

The apartments are located from levels six to eleven and all enjoy outstanding views to the harbour and/or the city. Fifteen remain available, ranging in price from $650,000 to $2.45 million.
Levels three to five of the eleven-level building comprise commercial office space and will be occupied solely by Trade Me, the iconic New Zealand website business.

“Trade Me choosing One Market Lane is very exciting for the development and also the innovative business hub that has developed in this precinct. The business is a complementary occupier of what we plan to be an exemplar mixed-use building. Trade Me joins two other very successful and innovative New Zealand companies, Xero and Morrison & Co, in the $100 million Willis Bond & Co Market Lane development, which also includes the recently completed Xero House” David McGuinness said.

“The completion of One Market Lane will cement this location as a premier business and residential address in the city” David McGuinness said.

One Market Lane represents the last of a cluster of five buildings developed by Willis Bond & Co in the immediate location over the past ten years. These are Shed 22 (Mac’s Brewery Bar), the NZX Centre, the Free Ambulance Building, Xero House and now One Market Lane.

The development also includes the refurbishment of the newly named Market Lane, the slip lane adjoining Jervois Quay, and will feature new paving, trees and better pedestrian connections.
The landmark building will feature the latest in seismic design and Building Code requirements. Construction will start in January 2013 with completion scheduled for the fourth quarter of 2014.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Snail's Pace: Aucklanders Face Frustrating Commute Over Harbour Bridge

Journeys into Auckland's CBD took longer than usual as traffic banked up around the damaged Harbour Bridge. More>>


Statistics New Zealand: COVID-19 Sees Record 12.2 Percent Fall In New Zealand’s Economy

Gross domestic product (GDP) fell by 12.2 percent in the June 2020 quarter, the largest quarterly fall recorded since the current series began in 1987, as the COVID-19 restrictions in place through the quarter impacted economic activity, Stats NZ said ... More>>


Climate: Scientists Release ‘Blueprint’ To Save Critical Ecosystems And Stabilize The Earth’s Climate

A group of scientists and experts produced the first comprehensive global-scale analysis of terrestrial areas essential for biodiversity and climate resilience, totaling 50.4% of the Earth's land. The report was published in Science Advances ... More>>


MPI: Independent Review Launched Into Assurances For Safe Transport Of Livestock By Sea

The Ministry for Primary Industries (MPI) has launched an independent review of the assurances it receives for the safe transport of livestock by sea. MPI Director-General Ray Smith says Mike Heron QC has been appointed to lead the review, which is expected ... More>>


Computers: New Zealand PC Market Grows Nearly 40% Due To Work From Home Demand

COVID-19 had large impacts on demand for PCs as businesses prepared for lockdowns by purchasing notebooks to mobilise their workforce. In the second quarter of 2020, New Zealand's Traditional PC market experienced a 39.7% year-on-year (YoY) growth ... More>>


Ministry of Health: Public Transport Distancing Requirements Relaxed

Physical distancing requirements on public transport have been reviewed by the Ministry of Health to determine whether they are still required at Alert Level 2 (or below). The Ministry’s assessment is that mandatory face covering and individuals tracking ... More>>


NZHIA: New Zealand Hemp Industry Set To Generate $2 Billion Per Annum And Create 20,000 Jobs

A new report says a fully enabled hemp industry could generate $2 billion in income for New Zealand by 2030, while also creating thousands of new jobs. Written by industry strategist Dr Nick Marsh, the report has prompted calls from the New Zealand Hemp ... More>>


Stats NZ: One In 14 Employed People Report High Risk Of Losing Jobs

About one in 14 workers say they expect to lose their job or business by mid-2021, Stats NZ said today. A survey of employed people in the June 2020 quarter showed 7 percent felt there was a high or almost certain chance of losing their job or business ... More>>

ASB Quarterly Economic Forecast: NZ Economy Doing Better Than Expected, But Challenges Remain

August lockdown estimated to have shaved 8% off NZ’s weekly GDP, and 0.5% off annual GDP Economy now expected to shrink 5% (year-on-year) by end of 2020 Unemployment rate now expected to peak at 7.2% The latest ASB Quarterly Economic Forecast is less ... More>>


SAFE: Live Export Ship Carrying 5,800 New Zealand Cows Goes Missing In East China Sea

Livestock carrier Gulf Livestock 1 sent a distress signal at 4:45am NZT yesterday in the East China Sea. The area is affected by Typhoon Maysak. At 4pm a patrol plane spotted a lifeboat - with no people in it - and a man in lifejacket nearby. The ship ... More>>


FMA: Kiwisaver Fees Don't Match Performance

The Financial Markets Authority (FMA) today published an independent report into the passive and active investment management styles [i] used by KiwiSaver providers. The FMA commissioned MyFiduciary to test the extent that KiwiSaver providers were ... More>>