One-dollar deal? Auckland Council mulls ownership options for The Cloud, Queens Wharf

One-dollar deal? Auckland Council mulls ownership options for The Cloud, Queens Wharf
The Cloud, on the Auckland waterfront, faces an uncertain future. (Image: NZME)
Oliver Lewis
The Government has offered to sell a waterfront events space and its stake in Queens Wharf to the Auckland Council.BusinessDesk understands the offered sale price for The Cloud and the 50% stake in the wharf was $1, but the council wouldn’t confirm this.The general manager for property at the council, Ian Wheeler, said the long-term future of the historic wharf and the events space, which was built for the 2011 Rugby World Cup, would be addressed in the central wharves masterplan being developed by the council.“The Crown is in ongoi...

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