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Investment
4 mins to read
2

Precinct announces ‘conditional agreement’ on Downtown Carpark

Deal follows secret Auckland Council session and councillor complaints of being misled by officials.

An artist’s impression of the proposed Precinct development.

Tim Hunter Fri, 24 Nov 2023

Precinct Properties has announced it has reached a “conditional agreement” with Auckland Council to buy and develop the Downtown Carpark site in partnership with Ngāti Whātua Ōrākei.

The announcement followed a secret meeting of the Auckland Council governing body yesterday.

In a statement to

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Tim Hunter Fri, 24 Nov 2023
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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