Ponsonby eyesore Soho Square is set to be transformed with a multi-million dollar residential and retail development.
The site, bought by Progressive Enterprises in 2011, will include two separate precincts - the Cider Building which will house a Countdown Supermarket, retail and office building, and Vinegar Lane featuring town houses, terrace houses, small apartment buildings and boutique office buildings.
Progressive Enterprises will be contributing $90 million to the development. The project is expected to take a year to build if resource consent is gained from Auckland Council.
Soho Square was originally the site of a yeast manufacturing plant before a $250m project was announced in 2006 which was supposed to bring apartments, offices and shops to the area.
But in 2009 the developers went into receivership and work on the site stalled, and the site became a target for vandals.
The new project represents a "radical departure from former development proposals for the site", Progressive Enterprises property development manager Brady Nixon said.
"We have endeavoured to create a high quality development and architectural precinct in what is known as an eclectic and popular part of Auckland."
The Cider Building will have four levels of office space measuring 6600sqm above a 4360sqm Countdown supermarket.
Nixon said the supermarket, would be built in a ''modern and sustainable way, with wider aisles, larger fresh produce departments and a range of environmental initiatives such as energy efficient lighting and refrigeration to help minimise the store's carbon footprint".
"The building will also feature five car parking floors below ground level, including 220 dedicated car parks for the supermarket and 950sqm of speciality retail space along the street edges and a cafe."
He said the design of the building was modern. It would be clad in raw concrete, quartz zinc and evergreen glass.
"The design aspiration for the project has been to make it look and feel like it's part of the existing street and characteristics of Ponsonby. We believe we've been able to achieve a design that connects to what you can see in any small Ponsonby street."
The Vinegar Lane name acknowledges the site's former life as the DYC Vinegar factory.
The precinct will be created around a small cobbled laneway and will feature a private landscaped courtyard.
"The precinct will contain a carefully planned mix of commercial and residential buildings with clearly defined architectural and urban design expectations," Nixon said.
"The completed outcome will be a diverse neighbourhood of town houses, terrace houses, small boutique apartment buildings and boutique office buildings where no two buildings look alike."
Nixon said some work had already been undertaken at the site including the replacement of temporary fencing with permanent wooden hoardings, remedial work to repair retaining walls, pumping the water out of the site, earthworks to refill the southern part of the site and the removal of old foundations.
Interest in the development has been very strong with over half of Vinegar Lane sites pre-sold.
- © Fairfax NZ News
Have the new speed limit rules made you change your driving habits?