Dominion Rd development falls over

Dominion Rd development falls over
A concept design render of the proposed apartment and retail development on Dominion and Valley roads. (Image: Eke Panuku)
Oliver Lewis
An Auckland housing development once described as emblematic of a broken planning system has suffered yet another blow.The Auckland council-controlled urban development organisation, Eke Panuku, informed its board in April that its preferred developer for a major site on Dominion and Valley roads had decided not to proceed with a proposed development.“Rising construction costs and interest rates have made the development opportunity unviable,” the board meeting document noted.Panuku advertised the 5200 square metre site through Bayl...

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