All 5 units in a new Albany retail development by Wallace Development Co Ltd were sold under the hammer at Colliers’ auction yesterday, along with KFC’s outlet in Oamaru and an office building in the Rosedale precinct at Albany.
7 food & liquor outlets at 252 Oteha Valley Rd, Albany, were sold under the hammer at Colliers’ auction today, leaving the eighth unit, a Bodyworks health clinic, unsold.
Auckland Transport was offered a solution to a suburban roading problem 3 years ago and didn’t pick it up. Instead, it was in the Environment Court last week seeking yet another extended lapse period for a designation blighting private land earmarked for over 500 apartments.
Structure plan changes for 2 areas above Oteha Valley Rd at Albany were approved to be made operative by Auckland Council’s regional development & operations committee yesterday, enabling more intensive development on sites flanking the Northern Motorway.
It’s taken 10 years for an intensive housing & commercial development of 420-plus residential units above Oteha Valley Rd, Albany, not to go ahead. And it could take another 10 years for it still to be able to proceed if Auckland Transport is allowed to extend the timeframe for a roading notice of requirement out to 2022.