A concept drawing of the proposed student hostel looking south from the hockey turf in Harbour Tce, Dunedin. Image from Ngai Tahu Property Ltd.
The Dunedin City Council is poised to finalise the sale of
land to Ngai Tahu needed for a $20 million student hostel.
The council on Monday ended a public submission process on
the proposed sale, which attracted just one submission, in
favour of the deal, council economic development and property
group manager Robert Clark said.
The submission would be reviewed by council chief executive
Paul Orders before the sale process was concluded once other
conditions of the deal with Ngai Tahu were met, Mr Clark
That was expected to happen by late November, he said.
The Otago Daily Times revealed last month Ngai Tahu
Property was planning to build the $20 million hostel for
Otago Polytechnic on land accessed from both Harbour Tce and
Union St, beside Logan Park.
The three or four-storey apartment block would have space for
up to 235 rooms - split mainly into five-bedroom
self-contained apartments - and was expected to be completed
by the beginning of 2015.
Ngai Tahu Property development general manager Russell Pyne
released a concept image yesterday showing the planned
building, although he stressed plans were not yet in their
final form and could change.
Ngai Tahu had a sale and purchase agreement to buy the site
from the council for $2 million, subject to due diligence,
public consultation and final approval by Mr Orders.
The site was bought by the council years ago, and was now a
gravel car park, but had been deemed ''surplus to
requirements'', Mr Clark said last month.
Ngai Tahu Property has already applied for earthworks consent
for the development, and would also apply for landuse consent
next week, Ngai Tahu Property development manager Shannon