Million-dollar dumps: The Auckland car park worth $82.5 million
Downtown Auckland is going through huge transformation with its various streetscape and transport projects. But in stark contrast, several plots of land worth hundreds of millions of dollars have sat as car parks since buildings were knocked down in the 1980s.
The Elliott St car park sits on a 4417 square metre plot of land, valued at $82.5 million.
The land has sat undeveloped as a car park - where an hour will cost you $19 - since the Royal International Hotel was demolished in 1987.
It was purchased by Singapore company NDG Asia Pacific (NZ) Limited for $53m in 2012, and in 2017 the company was given approval by the Overseas Investment Office to build and operate a 52-storey, five- star Ritz-Carlton Hotel, with 300 guest rooms, four floors for hotel facilities, six for retail and five for car parking.
The development is expected to cost $350m, with the start of construction dependent on the completion of City Rail Link. However, the resource consent for the tower is due to expire in October.
Click 'read more' for our full story.
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It’s Riddle Time! Beat the Neighbourhood with Your Smarts!
Which of the following words don't belong in the group and why?
CORSET, COSTER, SECTOR, ESCORT, COURTS
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Te Atatu Food Truck Friday Christmas market - THIS Friday - December 6th
Te Atatu Food Truck Fridays special Te Atatu Twilight Christmas market is on THIS Friday (December 6th). There will be a selection of Auckland’s best street food along with over 25 Christmas market stalls inside the main hall and Te Atatu repair café. Get your Christmas shopping done and get some tasty dinner treats too!
Save the date at Save the date at www.facebook.com....
December 6th - 4:30pm to 8:30pm – Te Atatu South Community Centre.
The food trucks joining the night will be:
- Those Guys J & M - Philly cheese steak rolls, burgers, fries and irresistible cookies.
- Baya Taco’s - Everyone's favourite authentic Mexican cuisine queen.
- Mr and Mrs Food - tasty meat on rice/ chip dishes, summer rolls and crunchy cheesy hotdogs
- The Langos Lady- Hungarian Fried Bread with sweet and savoury toppings
- Akemi’s Gyoza - Japanese Dumplings that just get you craving more.
- Cream Ice Cream – Delicious real fruit ice cream and chocolate covered strawberries
- Victor and Vern - Coffee and iced, hot chocolate
We will also have a free ReCreators Christmas workshop. The 249 Edmonton road art gallery will also be open with items for sale.
Come grab some tasty food and soak up the community vibes. Plenty of seating available or picnic in the park. Parking available on site and the grass field behind the St Johns hall. Walking or cycling up makes it even easier.
A great way to spend a Friday night.
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