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.
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And the 2024 Prospa Local Business Hero is...
A huge congratulations to mother and son duo, Mary and Sam Danielson from The Puketapu Hotel.
The votes for all finalists have been tallied and they have been chosen by Neighbourly members across the country as the Prospa Local Business Hero of 2024.
The Puketapu Hotel was nominated by a local called Margaret and the nomination reads:
'On Feb 14, 2023, Cyclone Gabrielle flooded many of the rural areas. Puketapu Hotel went under perhaps half a meter of water. However, immediately Mary Danielson and her son, Sam Danielson, along with their loyal staff pulled it together to cook copious amounts of food that without electricity would have been wasted. Throughout the years many of us have been treated with a pub gathering where we can reconnect and a free meal. At Christmas there was Santa, games, gifts for kids, donated patchwork for adults, an ice cream truck and lots of camaraderie.
This February on the cyclone anniversary, they again pulled out the stops to give hundreds of us a special night. We are all tired of the cyclone cleanup and they understood that it was needed.'
Such a deserving business and team, well done Mary and Sam. And thank you to all those who voted!
Share your New Zealand music memories...
It's NZ Music Month and New Zealand really has some beautiful songs from artists that we call our own.
Whether it's April Sun in Cuba, Don't Forget your Roots, or How Bizarre or Bic Runga's 'Sway' - songs have a way of unlocking memories and evoking old feelings.
In honour of NZ Music Month, share a New Zealand song or artist that is special to you and explain why.
Type 'Not For Print' if you wish your comments to be excluded from the Conversations column of your local paper.
The Tova Show
Hello! Are you a …
- A student/young professional renting
- A young family, renting or owning
- An older New Zealander/retiree/pensioner
We’re reaching out from the Tova show, the flagship weekly politics podcast on Stuff, as we prepare for our budget coverage and how it’s affecting Kiwis - we’d love to hear from you.
We need a few people who are available the week before the budget (Wednesday 22nd/Thursday 23rd May) and on the day of the announcement (Thursday 30th May).
Please email tova@stuff.co.nz or comment below if you’d like to share your perspective with us. We give you our commitment to treat your experience with sensitivity and care.
Type NFP if you don't wish your comments to be used.
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