Precinct to make a call on fast-tracking Downtown redevelopment

Precinct to make a call on fast-tracking Downtown redevelopment
The proposed plan for redeveloping Auckland's Downtown carpark site. (Image: Supplied)
Maria Slade
Precinct Properties will decide shortly whether to use the Government’s fast-track process or stick with the traditional consenting route for its Downtown redevelopment, CEO Scott Pritchard says.The two new towers proposed for the site of Auckland’s old Downtown carpark in the CBD are one of 149 projects selected for potential fast-tracking under the Fast-track Approvals Act, passed just before Christmas.Precinct lodged resource consent for Downtown in the middle of last year, before the law came in, and the plan has recently b...

More Property

Vital Healthcare dual listing off the agenda, for now
Property

Vital Healthcare dual listing off the agenda, for now

Easing interest rates feed into the medical property investor's improved result.

Maria Slade 20 Feb 2025
Wolfbrook buys Du Val property management business
Property

Wolfbrook buys Du Val property management business

But property owners want the same favourable terms they had under Du Val.

Maria Slade 20 Feb 2025
Digitising a property's development potential
Property

Digitising a property's development potential

For $49, a new service creates an instant report on what you can do with your section.

Maria Slade 19 Feb 2025
Infrastructure fund benefits 'oversold' – developer
Infrastructure

Infrastructure fund benefits 'oversold' – developer

Developers outline problems with projects supported by a slow-going fund.

Garth Bray 19 Feb 2025