Hammerhead decision deferred

A decision regarding whether to sell the Gulf Harbour marina land to current lessee Gulf Harbour Investments has been deferred, due to the level of public interest.

CCO Panuku Development was to bring the matter before Auckland Council’s Finance and Performance committee last week, on July 24 (HM July 4). Panuku is proposing to sell the land where the marina is located to Gulf Harbour Investments in return for a cash payment and the lease rights over the Hammerhead.

The Hammerhead is seen as a strategic asset for public transport, recreation and parking.
The CCO needs Council’s approval to go ahead with the proposed deal.

Panuku chief operating officer David Rankin says the deferral is to allow for a briefing with the Mayor and councillors – at their request – to help them better understand the Panuku approach to marinas as well as specific issues such as the safeguarding of public access to waterfronts.

He says high levels of interest from key stakeholders and the public, along with the expanding role of marinas in the delivery of transport and social outcomes, mean each marina needs to be assessed on an individual basis.


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