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America's Cup: New superyacht facility to be built in time for Cup

by Panuku Developments 31 May 2018 20:15 PDT 1 June 2018
Planned Superyacht maintenance facility for Orams Site 18 © Panuku Developments

A new marine refit facility is proposed to be developed in Wynyard Quarter that will have the ability to create hundreds of jobs and deliver significant marine and tourism spending.

The facility, on the corner of Beaumont and Jellicoe streets, is to be progressed after today’s signing of a heads of agreement between the city’s redevelopment agency Panuku Development Auckland and leading marine services company Orams.

The proposed development on a location known as Site 18 will feature a marine haul out and refit facility, commercial buildings and a residential tower on the northern end. The facility will target marine vessels up to 620 tonnes, which accounts for 85% of the world marine market.

The development also aims to provide increased maintenance facilities for Auckland’s ferries, fishing vessels and commercial vessels. The majority of existing marine business on the site will be accommodated within the new development.

Panuku Chief Executive Roger MacDonald says the development meets the objectives of the 2012 Waterfront Plan and delivers on the goals of an active working and authentic waterfront.

“Panuku remains committed to retaining a vibrant marine industry in Wynyard Quarter.”

MacDonald adds that the Orams’ proposal has the potential to deliver significant economic benefits, not only for Auckland but for the country as a whole.

“Only last week Queensland launched a five-year superyacht strategy with the intention to become a key superyacht hub in the Asia-Pacific region by 2023.”

Orams proposes to complete the marine elements of the site in advance of the residential development to enable the facility to be up and running for the next America’s Cup in early 2021.

Orams Marine CEO Neven Barbour says their proposal is for an exemplar development, being a unique mix of marine and residential uses.

“This proposal is the result of numerous studies focused on adding sustainable value to the marine industry and Auckland’s economy.”

Orams Marine Services Managing Director Craig Park says the marine sector is an important economic contributor to New Zealand and Auckland, and the city has a strong reputation for quality marine work.

“The marine refit facility will create more than 500 jobs and generate significant income for the marine and tourism industries,” says Park.

“The establishment of the Orams Site 18 facility will ensure the opportunity for wider industry and economic benefits will not be lost to offshore competitors.”

Park says Site 18 is considered to be the only marine-zoned site, of significant scale, within the Auckland area able to deliver a facility of this nature, and as such both parties are keen to see this development progress.

The parties will now enter into exclusive negotiations to complete a Development Agreement for the site. As part of the development the existing seawall will be replaced and contamination remediation works undertaken.

S-W: The new facility will encompass the existing Site 18 and Orams site. It is understood that a travel-lift capable of lifting 700 tonnes will be installed. Although not mentioned in the media release, Southern Spars will remain in operation on the Orams/Site 18 facility. The northern part of the site currently the Emirates Team NZ base are will become a residential development.

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