Development Opportunities

The MRCB development will bring new homes, commercial and retail spaces to Aotea precinct

“City Rail Link is the foremost transformational place-shaping project in Auckland” – The Auckland Plan 2050

Investment in CRL transport infrastructure has unlocked an opportunity to develop exemplary, sustainable urban growth on public landholding around CRL stations at Aotea, Karangahape and Mt Eden. Last year, CRL Ltd delivered development options to its Sponsors as well as a value capture strategy and master plans for each station precinct. With the groundwork for oversite development laid, the project has now entered the next phase of work which is being jointly led by Eke Panuku and Kāinga Ora with assistance from CRL Ltd. This will involve community and stakeholder engagement leading to the finalisation of a development response for the station precincts, including confirmation of the delivery mechanisms and programme. CRL Ltd is now actively progressing work with Auckland Council, Auckland Transport, Watercare and other utility providers to determine the capacity of the infrastructure needed to enable the development on the public landholdings around the stations. The significant opportunity offered by these development sites was reflected in the highly successful sale of the leasehold rights to the Aotea Station development opportunity to the Malaysian development company Malaysian Resources Corporation Berhad (MRCB). MRCB has announced plans to construct a major residential and commercial building on the site once the CRL is completed, which will significantly add to the vitality and amenities of the area around the station.