Summary:
- Precinct Properties is redeveloping a heritage-listed building on Auckland’s Queen St, formerly home to the city’s first McDonald’s and originally an 1884 bank, into a 32-level student accommodation tower housing approximately 680 individual studios.
- The redevelopment retains the building’s historic Italian Renaissance limestone facade and will restore original features including ornate timber doors and an ornamental ceiling, preserving its architectural and cultural significance.
- The new student housing is expected to enhance city centre vibrancy by supporting local retail and hospitality sectors, contributing to Auckland’s urban growth and student accommodation supply.
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