Published on : Monday, March 20, 2017
A top-notch luxury hotel has been planned for the last remaining waterfront site in downtown Auckland. Viaduct Harbour Holdings Limited has declared their plans for the redevelopment of One Market Square, at the heart of the Viaduct Harbour that was previously occupied by the Simunovich Fisheries building.
According to Angela Bull, Chief Executive for Viaduct Harbour Holdings Limited, “Viaduct Harbour is an outstanding lifestyle precinct in Auckland with unrivalled access to the water, quality restaurants, apartments and an international marina. One Market Square is perfectly positioned for a world-class hotel that will add to the vibrancy and attractiveness of the precinct. We know that Auckland is critical to New Zealand’s tourist market and there is a clear need for luxury hotel accommodation in the CBD. A luxury hotel has many synergies with the amenities and attractions located in the Viaduct Harbour and will act as a catalyst to attract even more visitors to the area. With 165 rooms, and a rooftop bar proposed, we see this development as adding to the desirability of Viaduct Harbour and the continued investment in the precinct and surrounding area.”
Colliers International has been appointed for undertaking global search for a world-class development partner for building a luxury hotel in the area. According to Dean Humphries, National Director of Hotels for Colliers International, “As the country’s tourism capital, Auckland is the main beneficiary of the 3.5 million international visitors that came to our shores last year.”
He further added, “The timing is right for this unrivalled site to be developed to its optimal use. Real estate development opportunities are often exaggerated. That’s far from the case here – this site is genuinely unique.” Humphries said that new hotel rooms are required for all market segments and the new waterfront hotel would be built for the niche luxury market.