Stay updated with breaking news from Kate Cumberpatch. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
LiveNews Provides news reports of information as it happens in real time of politics, business, the economy and also reports on global issues and events from a New Zealand viewpoint.
/cloudfront-ap-southeast-2.images.arcpublishing.com/nzme/SZM2ZW56TNEXBEKKCXKS32K5OA.png)
The 3.13ha publicly owned site now a large carpark surrounded by shops on council land.
/cloudfront-ap-southeast-2.images.arcpublishing.com/nzme/O7CG7NCVLZAGZMKMYXRJZ7ML64.jpg)
Area is ear-marked for intensification as a metropolitan zone, hence the height.
Many New Zealanders renters have become accustomed to the exhausting task of packing up and moving house every year or two. But a new 350-apartment development planned for Auckland's Takapuna could signal a shift towards large-scale projects built with long-term renters in mind. These 'build-to-rent' apartments provide tenancies of up to 10 years, giving renters some peace of mind. But while some believe these developments could help alleviate New Zealand's housing shortage, one developer says they won't sate people's desire to own their own home. Tom Taylor reports.
Business Scoop provides news and views on Business and Markets from New Zealand