Please select your home edition
Edition
Craftinsure 2021 - LEADERBOARD

Auckland Council release details of Emirates Team NZ base relocation

by Auckland Unlimited/Auckland Council 6 Jul 07:27 BST 6 July 2022
Emirates Team New Zealand base - June 2021 © Richard Gladwell / Sail-World.com

One of Auckland's premier waterfront venues is set to reopen for business and events in early 2023, with confirmation today that Emirates Team New Zealand is to relocate its base within Wynyard Quarter.

A new deed of agreement signed between Eke Panuku Development Auckland - on behalf of the site's owner Auckland Council - and Team New Zealand will see the team relocate west across the water to the former Team INEOS base at 56 Brigham Street, Wynyard Point.

The lease for the new site will run from 1 October 2022 through to 30 June 2028 and includes a transition period to allow time for Team New Zealand to reinstate the Viaduct Events Centre - which has been its base since 2018 - to its condition prior to the team's tenancy.

Team New Zealand is responsible for all reinstatement costs, with works expected to be completed by mid-December this year.

Auckland Mayor Phil Goff says it was great to have the Viaduct Events Centre back and available to host local and international events from early next year.

"As more local and international business and other events return to Auckland, the city needs to have the Viaduct Events Centre back and open for business," he says.

"Team New Zealand has agreed to restore the centre to what the council requires and will relocate to the building previously occupied by INEOS at Wynyard Point under a commercial lease. Keeping the base in Auckland will mean that the maritime industry will benefit from the development work undertaken by Team New Zealand here.

"With its premium location overlooking Waitemata Harbour in the heart of the downtown precinct, the Viaduct Events Centre will play a key role in attracting large scale events back to Auckland - providing a major boost to city centre businesses and supporting the region's economic recovery."

The technology and design work being undertaken by Team New Zealand continues to spotlight Auckland as a global centre for innovation and creativity, and the team will continue to have a very visible presence in Auckland, on and off water.

Team New Zealand Chief Operating Officer Kevin Shoebridge says: "In planning for the 36th America's Cup, the Viaduct Events Centre building was offered to the team as a timely and pragmatic solution for both Auckland Council and Emirates Team New Zealand and a lease was signed at that time until the end of the 37th America's Cup in 2024.

"In negotiations with Auckland Council it was agreed between the parties that we would work together to find a longer-term solution for the team. So we are happy we have taken a positive step towards that with a lease until 2028 on Wynyard Point."

Eke Panuku Priority Location Director - Waterfront, Fiona Knox says: "The America's Cup resource consent was granted in 2018 - the consent and the new legacy spaces created were designed to allow for public access, marine-related activity and events for 10 years. Team New Zealand has long been a tenant in the marine areas of Wynyard Quarter, and we are pleased to be able to accommodate them as the resource consent allows. They will be a welcome addition on Wynyard Point, where events and activities will continue as part of our focus on providing a public, liveable, connected and smart-working waterfront."

All parties are working towards the Viaduct Events Centre reopening in the first quarter of 2023.

Auckland Unlimited (the major events and facilities arm of Auckland Council confirmed that Team New Zealand's lease for 56 Brigham Street (former INEOS base) is for a five year and nine-month term from 1 October 2022 to 30 June 2028.

It is a commercial lease at commercial rates. The initial net rent is $550,000 plus GST per annum with CPI increases occurring annual from 1 June 2026.

It has also been agreed Team New Zealand will pay the same net rent - $550,000 plus GST per annum - for the Viaduct Events Centre for the period of 1 March 2022 - 30 September 2022.

The lease of this structure to Team New Zealand's fits within the America's Cup resource consent, granted in 2018, which has a duration of 10 years and allows for public access, marine-related activity and events.

About the Viaduct Events Centre

The 6,000m" (65,000 sq ft) space spans three levels, with eight separate rooms that make it ideal for a range of events, including tradeshows and smaller exhibitions, gala dinners, and conferences.

It hosts central Auckland's largest banquet space with capacity for up to 1200 guests.

The building has been designed to a five-star environmental standard and makes the most of its impressive waterfront location with easy access to five-star accommodation, world-class hospitality and a central transport hub.

Since opening, the Viaduct Events Centre has hosted some major events, most notably New Zealand Fashion Week, New Zealand Design Awards, and numerous corporate functions, dinners and conferences due to its accessibility and high performance in delivering events.

The Viaduct Events Centre has been home to Team New Zealand since 2018.

Team New Zealand had a lease to occupy the Viaduct Events Centre until the final date of the completion of the 37th America's Cup, with a rent review from 1 March 2022.

Related Articles

Cup Spy: Swiss hit cross-swell conditions
Alinghi RBR continued to work up their first generation AC75, off Barcelona on Friday As we are now in the month of the 2024 America's Cup Match, the weather conditions and how they are handled by the AC75, are as much of interest as the performance of the Swiss team, who are the only team sailing out of the 2024 America's Cup venue. Posted on 30 Sep
Cup Spy: AC40 blasting at 45kts - Day 5
Emirates Team NZ's America's Cup crew pushed the limits on the AC40 on a murky Auckland day. Emirates Team New Zealand's champion America's Cup crew found the limits of the AC40, the hard way, triggering the first serious capsize, as well as setting a new top speed mark of 45kts. Posted on 30 Sep
Notice of Race issued for Womens/Youth AC
America's Cup Events has released the Notice of Race for the Youth and Womens America's Cups The Notice of Race for the 2024 Women's America's Cup and Youth America's Cup has been posted and firm plans can now be laid by prospective teams from around the world to compete in the glorious surrounds of Barcelona in 2024. Posted on 29 Sep
America's Cup: Recon Diary - Pretty Epic
Burling and Tuke stepped aboard ETNZ's AC40 for a blustery first taste of the AC40 Returning to New Zealand from the European summer circuits, Pete Burling and Blair Tuke wasted no time in re-joining the extensive Kiwi testing programme, stepping aboard ETNZ's AC40 for a blustery first taste of the most sensational boat of 2022. Posted on 28 Sep
Cup Spy: Tuke impressed with AC40
Peter Burling and Blair Tuke put the AC40 through its paces today in a fresh seabreeze. Fresh off the plane from the Sail GP regatta in Cadiz, Spain, Emirates Team New Zealand's Peter Burling and Blair Tuke put the AC40 through its paces on the Inner Hauraki Gulf today in a fresh seabreeze. Posted on 28 Sep
America's Cup: Recon Diary - Sept 27 - Alinghi RBR
BoatZero and achieved good stints at speeds that were recorded at around 28 knots. It was late in the afternoon when the autumnal Barcelona wind Gods played ball, allowing Alinghi Red Bull Racing to unleash the massive power of BoatZero and achieve good stints at speeds that were recorded at around 28 knots. Posted on 28 Sep
Cup Critiqued: A significant week for AC2024
It has been one of the more significant weeks in the now 18-month-old America's Cup 2024cycle. It has been one of the more significant weeks in the now 18-month-old America's Cup 2024 cycle. Sail-World NZ's Editor, Richard Gladwell looks What's happening with the teams in Auckland, Barcelona, China and Cadiz. Posted on 27 Sep
America's Cup: Recon Diary - Sept 22 - Alinghi RBR
Dean Barker was on board Alinghi Red Bull Racing 's AC75, Boat Zero, last Thursday, with the Swiss. Recon Report September 22, 2022: Dean Barker was on board Alinghi Red Bull Racing 's AC75, Boat Zero, last Thursday, with the Swiss. On their third AC75 sailing day BoatZero foiled more consistently than on their previous session. See two videos. Posted on 24 Sep
America's Cup: Alinghi RBR get foiling
Alinghi Red Bull Racing has her first sail off Barcelona following her capsize and gets foil-borne After a first sail Tuesday in Barcelona, testing every aspect of the boat, the team experienced foiling for the first time on the AC75 Wednesday. Posted on 23 Sep
INEOS Britannia to launch test boat T6
INEOS Britannia updates on test boat launch and other components of America's Cup Challenge INEOS Britannia updates on the upcoming launch of their Test Boat T6 in Palma, the latest edition of Moving Parts features graduate engineer Ana Paterson, and Giles Scott updates on team preparations. Posted on 23 Sep