By ANNE GIBSON
Nigel McKenna's Melview Developments has a string of large apartment blocks and a lock-controlled marina planned for Auckland's Viaduct Basin, bringing his workload to an estimated $300 million, with a further $250 million in the wings.
Industry observers said this week that he had at least $100 million
worth of work under way or planned on a 1.6ha block in the Viaduct, as well as putting in a bid for the Britomart project to be announced later this month, possibly a $250 million job.
With America's Cup syndicate bases demolished, the private developer is building the Lighter Quay project, which is four large, low, sprawling apartment complexes.
A Melview representative said the first block - formerly called Lighter Quay but now named North at Lighter Quay - would be finished in "about six to eight months". Beaumont Quarter, a $200 million residential project on the former gasworks site in Beaumont St, is well into stage two but stage three is yet to begin.
In the Viaduct, McKenna has:
* North at Lighter Quay, a 40-unit block on the water to be finished later this year.
* The Pavilions at Lighter Quay on the western side of the area, where 13 luxury three-bedroom units will be built adjacent to an internal waterway. Priced from $1.10 million for 170sq m.
* Halsey Street Apartments at Lighter Quay, a 60-unit block of one to three-bedroom units catering for the lower end of the market and priced from $259,000.
* Stratis at Lighter Quay, where the GBR Syndicate base was, 70 units designed by Andrew Patterson.
* A large luxury boutique hotel and condominiums, shown on the Lighter Quay web site as fronting Viaduct Harbour Ave.
McKenna also wants to build and restore buildings at the Britomart, where developers have estimated at least $250 million could be spent.
The other Britomart contenders are Trans Tasman Properties and the Phillimore/Bluewater joint venture. The three are tendering for rights to build about eight large buildings behind the CPO and restore 17 historic buildings, based around the $200 million Britomart project.
Lighter Quay
