25-storey Templeton CBD development set to be Hamilton’s tallest building

Auckland-headquartered Templeton and the city council announced on Thursday they’ve struck an unconditional deal with the city for the land next to Victoria on the River and promised to create an Auckland Viaduct-style hospitality precinct linking to the river.

The deal sees Templeton pay $6 million for council property at 242-254 Victoria St, Adjoining property at 260-266 Victoria St will be retained by the council and used to expand public space.

The new building’s still-to-be-finalised 25-storeys could be nearly double that of the current highest city building, the 13-storey Mistry Centre towering above Centre Place.

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