New Precinct complex and CRL to get under way next year
From the Office of the Mayor Len Brown
City Rail Link to be built under Commercial Bay
Mayor Len Brown has congratulated Auckland Transport and Precinct Properties Ltd for concluding negotiations that will see the first stage of the City Rail Link (CRL) constructed as part of Precinct’s Commercial Bay development.
Commercial Bay will be built on the site of the Downtown mall which straddles Lower Queen Street and Albert Street.
With the re-situating of stormwater pipes on Lower Albert this month and the demolition of the Downtown Mall in May 2016, Aucklanders will now see the first tangible steps in the construction of the CRL.
The Mayor said discussions with the Prime Minister, Minister of Finance and Minister of Transport were going well, with the Government committed to the CRL project. “The only remaining issue is the timing of government funding.”
The 39-storey, $681 million Commercial Bay development will make an outstanding contribution to what people are calling “the new Auckland”. It is one of several major new developments that will arrive in Auckland’s City Centre in the next few years.
“The private sector is demonstrating its confidence in Auckland’s future by investing billions in our City Centre. Central Auckland is New Zealand’s most productive, largest and fastest growing commercial and employment centre. It has long been said Auckland is the powerhouse of the New Zealand economy. That is now a reality.
“Growth is the reason we are backing private sector investment with better public transport. We simply cannot meet that growth by moving more people into the CBD by car. The CRL will more than double the number of people we can bring in by our new electric trains. These are exciting times.”