Promoters fronting a “$100 million” waterfront hotel in Dunedin are refusing to identify the developer.
The plans were unveiled at a function at Dunedin’s Forsyth Barr Stadium by lawyer Steve Rodgers today.
He is acting for the unidentified developers of a 28-level hotel on Dunedin’s waterfront and has lodged a resource consent application.
The guests included a who’s who of the local business community.
Forsyth Barr founder Sir Eion Edgar, who was at the function, told NBR that the developer was “incredibly substantial” but very private.
It was great news for the city, which along with the new stadium would bring in more people to Dunedin, he said.
He dismissed criticism of the funding arrangements for the stadium, including questions about the price paid for Forsyth Barr’s naming rights (“confidential”).
The stadium was a “fantastic” accomplishment and would be complemented by the planned hotel, Sir Eion said.
If you know who the "secret" developer is please contact Property Editor Chris Hutching on firstname.lastname@example.org
This article is tagged with the following keywords. Find out more about MyNBR Tags
Most listened to
- Business Week in Review with Grant Walker & Andrew Patterson
- First Retail Group's Chris Wilkinson on Pumpkin Patch's worsening situation
- SkyCity ‘strangling the golden goose’
- The Prime Minister says National will "put up a good showing if we can" in the Roskill by-election
- Dick Quax challenges Phil Goff on housing market. He explains what he wants the mayor-elect to do