A deal that could result in Dunedin's proposed $100 million
waterfront hotel taking a significant step forward is still
being finalised, but has not struck trouble, the Dunedin City
Representatives from the council and Betterways Advisory Ltd
- which wants to build the hotel at 41 Wharf St - have been
putting the finishing touches to the wording of a memorandum
of understanding between the two parties.
Details had been expected to be revealed last week.
However, council communications and marketing manager Graham
McKerracher said the wording of the agreement was still being
While the deal remained a ''work in progress'', an
announcement was still imminent, he said.