Luxury apartments

PHOTO:SUPPLIED An artist impression of a penthouse apartment at 30 Madden in Auckland’s Wynyard Quarter.

Developers are racing to bring big apartment projects delayed by lockdown to fruition.

Workers have returned to almost all the projects contacted by Stuff, despite a shake up in the labour market this week by Fletcher Building.

Those expected to open this year include the first of the Alexandra Park apartments, Commercial Bay and the 57-level Pacifica tower building.

According to Colliers International, Auckland has 65 apartment projects (of 10 units or more) currently in play, and any that are underway are expected to finish the job.

But apartments, or hotels, still on the drawing board are likely stay there.

”We will get a washing up of some projects over the next three months where people say because of Covid we’re not proceeding, but I think it’ll be a small number and the rest will deliver three months late,” Pete Evans, national director of residential projects at Colliers International, said.

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