One of the reasons Lens suggestion of a $250 million kick start to the CRL is so interesting is that there are a heap of large private sector projects underway along the cut and cover portion of the route and it there is likely to be a lot of value working in with them as they are being built rather than waiting till they finish construction only to dig up the road in front of them for a few more years.
Today Len Brown has announced one of the biggest of these projects with the news that the Elliott Tower has gained resource consent approval from the council (the previous plan for the site had consent however the new owners have made a few alterations). I had heard that this project had been going on quietly in the background so it’s nice to finally be out in the public..
Plans for New Zealand’s tallest skyscaper, to rise in the heart of Auckland, have been unveiled today.
A $350 million 52-level 209m skyscraper has been announced for a CBD site left vacant since the 1980s when Chase Corporation demolished the Royal International Hotel.
Chinese developer New Development Group is to build the tower, known now as NDG Auckland Centre, on the site of a carpark and bungy jump bounded by Elliot St, Albert St and Victoria St.
Auckland Council has granted resource consent for the giant which will only be dwarfed by the 328m Sky Tower. A building consent is still pending.
And here is the image the herald have. If anyone has a higher quality image of what it will look like then please let me know.
This adds to a big list of developments that are being lined up in the CBD and particularly along or very close to the CRL route.
“It’s also an example of the major commercial opportunities created by the City Rail Link project. To date the private sector has confirmed more than a billion dollars of new investments along the proposed route, including Precinct Properties’ downtown retail and office development ($300m+) the NZ International Convention Centre ($400m+) and Elliott Towers ($350m+),” he said.
When you think about all of the projects planned, spending $250 million to get infrastructure in place to work in with those buildings at the same time appears a pretty good idea. You also have to wonder if Len has been holding this announcement up his sleeve in case his initial suggestion got turned down (which it did). This will definitely add pressure to the government to support the kick start idea.