There has been reasonable, general interest with two specific proposals advancing to preliminary design.
Developer A proposed a mixed-use development incorporating a raised podium with vehicle parking and manoeuvring below, a hotel and promenade overlooking the river, high-end residential apartments on the northern boundary, a commercial office block in the south-west quadrant and associated landscaping. This proposal is no longer being considered.
Developer B proposed a comprehensive residential retirement village and associated facilities. This proposal was rejected on the basis that it did not align with Council’s vision for development of the site.
A third, and most recent, proposal was approved by Council in principle in 2021, however never progressed passed concept stage.
Developer C proposed an innovative mixed-use affordable housing development based on the successful Nightingale complexes in Melbourne and Sydney. The development was called Project Korimako and led by private individuals who have now withdrawn from the project.
The site was one of several development options included in the Council’s successful application to the Government’s Infrastructure Acceleration Fund (IAF). The Council has been allocated $150.6 million from the IAF, which will be used for critical infrastructure projects to enable approximately 4,000 dwellings across multiple development sites in Hamilton’s central city. The car park was identified as one of the sites that could be unlocked by the IAF-funded infrastructure, with plans for affordable housing.