Auckland Council property company Panuku Development Auckland closes the expressions of interest process for its Unlock Takapuna urban regeneration project today.
CBRE has been seeking high-calibre developers to partner with Panuku.
Takapuna Beach Business Association chief executive Terence Harpur said the project would be second only to the Wynyard Quarter in size & scale: “The same team at Panuku who worked on Wynyard Quarter is now working on Takapuna, with the success of that model set to be replicated here.”
The key to Takapuna’s transformation is the delivery of a high quality mixed-use precinct at the site of the Anzac St carpark, where 6000m² of land will be made available for commercial, residential & retail development from mid-2020.
A $7 million new town square is earmarked for part of the site, to be delivered by Panuku.
“Town centres are all about people, and our new 3000m² town square, which will connect with Hurstmere Rd, will provide a real heart for Takapuna,” Mr Harpur said. “We’ll be encouraging everyone to have their say on the town square’s draft design in the coming months.”
Panuku is constructing a 420-space carpark building on the old gasometer site on Huron St, and Takapuna’s main street, Hurstmere Rd, is set for a major upgrade this year.
“As well as all the commercial regeneration and creation of new public spaces & amenities, Takapuna is effectively being re-orientated. Our town centre will have a whole new east-west flow and much better linkages to the best beach in Auckland.”
With transformation underway, the business association has launched Talking Takapuna – a regular video update on developments, future plans & events.
24 August 2018: Council sees survey results as mandate and continues with central Takapuna revitalisation plans
23 March 2018: Council approves “transform & unlock” reinvestment for regeneration
7 March 2018: Panmure & Takapuna carpark Unlock projects approved
8 November 2017: Unlock Avondale project gets go-ahead, Takapuna carpark decision deferred
19 February 2017: Takapuna reference group lodges ideas on how to upgrade
9 March 2016: Takapuna & Northcote first up for revitalisation
6 December 2015: How Panuku proposes to lead transformation of Auckland
9 December 2009: Takapuna development framework document nearly complete
Attribution: Business association releases.