Shaping spaces for Aucklanders to love
Panuku Development Auckland helps to rejuvenate parts of our city – from small projects that refresh a site or building, to major transformations of town centres or neighbourhoods.
To do this it's important to understand the communities in which we work. We manage around $1.9 billion of land and buildings that Auckland Council owns, which we continuously review to find smart ways to generate income for the region, grow the portfolio or release land or properties that can be better used by others.
We identify development opportunities and plan and prepare the ground to attract private investment and make it easier for others to take on the development of houses and commercial buildings. Together with our partners we unlock the full potential of this land to create spaces for Aucklanders to love.
Auckland is facing rapid growth, and as a result of this is experiencing significant housing and infrastructure pressures. Around 800 people move to Auckland each week, and current projections suggest the population could reach 2.01 million by 2033 - an increase of more than 517,000 people within the next two decades.
To cater for this growth there is a need for a steep change in urban redevelopment and intensification of town centres and brownfields.
Panuku has the role and mandate to address this challenge.