Chapter 4

Our role in Westhaven

Our role in Westhaven - Westhaven

Our role in Westhaven

At Panuku, we believe that creating world-class waterfront areas means working together with the private sector and the public.

This approach is proving successful along the waterfront where Wynyard Quarter and Westhaven Marina are much-loved parts of our city.

Panuku is leading the regeneration of Westhaven on behalf of Auckland Council. We’re wanting to:

  • increase access to the marina for Aucklanders
  • maintain Westhaven’s position as a competitive international facility through the management of existing commercial operations
  • add a wider range of complementary businesses.

Panuku has a mix of commercial and public-good objectives for Westhaven and receives revenue from its marina operations.

Here is a summary of our roles. We are:

  • the owner of the marina boat harbour and surrounding public space, including the marina business, assets and seabed occupation rights
  • a corporate trustee, licensor and manager of the Westhaven Trusts and berth entitlement units through our 100% holding in Westhaven Marina Limited
  • a holder of about 50 % of Westhaven berth entitlement units
  • an investor and developer
  • the marina operator.