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.
Poll: Is the increase in disability parking fines fair?
In October, the fine for parking in a designated mobility car park without a permit has jumped from $150 to $750—a 400% increase!
The goal is to keep these spaces open for those who truly need them. Do you think this big increase in the fine is fair? Share your thoughts below.
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89% Yes, it's fair
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10.3% No, it's unreasonable
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0.7% Other - I'll share below
Smoke in Mt Wellington
Smoke has been seen coming from the crater of the Auckland maunga Mt Wellington.
Images of the smoke began appearing on social media on Friday afternoon.
Around 1.45pm, Fire and Emergency (Fenz) shift manager Josh Pennefather told the NZ Herald a crew was fighting a fire of about 60 square metres in size.
”It’s spreading up hill … [but] there’s no property at risk at this stage,” Pennefather said.
Six fire trucks were in attendance working to contain a grass fire that's spreading up the maunga.
A helicopter was on its way to assist firefighting efforts, he added.
At 2pm, Pennefather shared that the fire was contained and they were working to extinguish it, including “keeping an eye on a whole bunch of hot spots“.
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