The Auckland Urban Development Office (AUDO) has named Stride Property Group (Stride) as the preferred development partner for the future redevelopment of North Wharf in Wynyard Quarter.
In a statement, AUDO said Stride was a leading New Zealand property company with a strong track record in sustainable development. Its portfolio includes office, retail, and industrial properties nationwide, and it manages over $3.3 billion in assets. Stride has delivered landmark projects such as the award-winning Auckland headquarters of Waste Management and NorthWest Shopping Centre.
The agreement, conditional on resource consent, will see Stride acquire a 125-year pre-paid ground lease for the property for $17.5 million.
Stride has also entered into an arrangement with Ngāti Whātua Ōrākei as the cultural lead for the development to provide cultural advisory expertise to ensure the project reflects and respects the unique heritage and identity of Tāmaki Makaurau.
Further details on the design will be shared in due course, including plans to incorporate the historic Red Shed, a building of special character status under the Auckland Unitary Plan. The Red Shed, with its distinctive red doors and rich history dating back to the 1930s, will remain a central feature of the redevelopment.
The vision for North Wharf is a permanent waterfront destination with ground-floor retail and hospitality, and commercial offices above. It is intended that the redevelopment will activate the wharf, draw people into Wynyard Quarter, and support Auckland Council’s long-term regeneration goals.
Once complete, the redevelopment is intended to:
- Activate the wharf as a vibrant hub for locals and visitors.
- Support Auckland Council’s long-term urban regeneration goals.
- Enhance connectivity between the water’s edge, Silo Park, Jellicoe Street, and Karanga Plaza.
Learn more about Wynyard Quarter’s transformation.
