Post by Kiwi Frontline on May 19, 2021 3:14:06 GMT 12
NEW DEAL GIVES IWI GREATER STAKE IN SHELLY BAY DEVELOPMENT
A new proposal for the $500 million Shelly Bay development on Wellington’s Miramar Peninsula will see iwi have a greater stake in the project, including owning all commercial assets and securing a “distinctive” presence in the area.
The multi-million-dollar proposal for the joint venture development, between Ian Cassels’ The Wellington Company and the Taranaki Whānui iwi, also includes a wharenui (meeting house), an additional $4m cash injection from the company, and the establishment of a $100,000 education fund for iwi members.
The proposal was developed by the two parties to help end an occupation at the Shelly Bay site by a group of iwi members, Mau Whenua, who oppose the development……
www.stuff.co.nz/national/125165406/new-deal-gives-iwi-greater-stake-in-shelly-bay-development
A new proposal for the $500 million Shelly Bay development on Wellington’s Miramar Peninsula will see iwi have a greater stake in the project, including owning all commercial assets and securing a “distinctive” presence in the area.
The multi-million-dollar proposal for the joint venture development, between Ian Cassels’ The Wellington Company and the Taranaki Whānui iwi, also includes a wharenui (meeting house), an additional $4m cash injection from the company, and the establishment of a $100,000 education fund for iwi members.
The proposal was developed by the two parties to help end an occupation at the Shelly Bay site by a group of iwi members, Mau Whenua, who oppose the development……
www.stuff.co.nz/national/125165406/new-deal-gives-iwi-greater-stake-in-shelly-bay-development