The City Rail Link (CRL) project has identified about 200,000sqm of development potential after construction of the underground rail link is completed.
As well as improving public transport access to most parts of the city centre and major employment areas, the project will stimulate private investment and facilitate a substantial amount of development around station locations.
This will achieve the broader transformational objectives of the Auckland Plan and support government housing initiatives.
The potential is estimated to be around 1400 new dwellings for some 3000 residents and around 4800 new jobs at these locations.
The CRL includes a redeveloped Mount Eden station and two new underground stations - one mid-town at Wellesley and Victoria Streets and one uptown at Mercury Lane, off Karangahape Road.
The likely combined commercial development gross floor area is about 65,000 sqm at the Britomart, Aotea, Karangahape and Mt Eden sites.
The combined likely residential development is about 130,000sqm mostly at Mt Eden with some at Karangahape.
This potential includes:
- Land at the rear of the Britomart Transport Centre
- The Aotea Station site which includes the west Bledisloe Car Park
- The Karangahape Road station site
- About 4.6 hectares at Mount Eden including road reserve and the land acquired at for the main construction yard, station and trenches.
The CRL is due for completion in 2023/24.
More information and images of potential development post CRL completion can be seen at cityraillink.co.nz