The Kaipātiki local board has decided to retain a strong sports and community element at the AF Thomas Park, although finer details still have to be ironed out.
Armstrong Construction says it failed after its lenders withdrew financial support.
Opoly calls it quits for now on residential property crowdfunding, citing market downturn.
Acquired by consortium of Pandey family's CP Group, Alvarium, Archipelago.
But rising interest rates, construction costs make it more difficult for ACC to find suitable community housing projects.
Intensification requires infrastructure spend not addressed in recent legislation.
The high-rise is due to be complete mid-2027.
Analyst says listed property firms are already trading at a discount to net tangible assets.
Tim Alpe back on board at the company, which also plans to roll-out pod hotel concept in Australia.
Claims strange legal setup meant they didn’t even own their central Auckland Scene Three investments.
