A 25-storey development by Templeton Group – combining a 218 bed hotel, apartments and dining precinct – is set to become Hamilton’s tallest building.
Auckland-headquartered Templeton and the city council announced on Thursday they’ve struck an unconditional deal with the city for the land next to Victoria on the River and promised to create an Auckland Viaduct-style hospitality precinct linking to the river.
The deal sees Templeton pay $6 million for council property at 242-254 Victoria St, Adjoining property at 260-266 Victoria St will be retained by the council and used to expand public space.
