Aotea Block query

Kapi-Mana News - - OPINION -

If my mem­ory serves me right, when Roger Blakely sold the par­cel of land known at the time as Aotea Block for the measly sum of $6 mil­lion to help fund the cost of build­ing Te Rau­paraha Arena, I am sure it was re­ported that it would be able to ac­com­mo­date 600 houses and a 300-bed nurs­ing home.

Now Car­rus (June 9) is say­ing that it has de­vel­oped the land for a 1000 houses, with an­other 500 to go.

If this is so, then where has all the ex­tra money gone for all the ex­tra land?

With the price of the sec­tions, $20 mil­lion would not have been enough for all that land.

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