City Rail Link series part 3: Aotea, the secluded city centre
The Aotea precinct has faced many challenges in recent years. The question is then, could the City Rail Link be its saving grace?
Designed to be a vibrant entertainment and culture precinct, the Aotea precinct has suffered in recent years as a result of the mass commercial exodus to the waterfront. Larger office and retail occupiers have continued to shift towards Britomart, leaving Aotea with primarily education tenants, buildings in need of renovation, and small retailers.
The Aotea station, expected to be New Zealand’s busiest train station once the CRL is completed in 2024, looks set to dramatically change the business and residential conditions for the Aotea Precinct.
Download the third report from our CRL series to learn about the opportunities in the Aotea precinct for commercial property that will emerge with the rise of the CRL.