Auckland Council is reporting good early interest in its plans for an "Innovation Precinct" at the newly developed Wynyard Quarter.
An initial space of about 50,000 square metres has been set aside for the precinct at Auckland's waterfront, which project developers - the Ministry of Science, Auckland Council and Waterfront Auckland- hope to make into a technology and science centre.
Plans for the precinct, which Waterfront Auckland chairman Bob Harvey said could become a"mini Silicon Valley," were announced last October. Clyde Rogers, a spokesperson for the Auckland Council said interest from businesses in the proposed area had been steady since then .
"We already have enough interest from companies to fill half the area," Rogers added.
Rogers said that project developers were currently performing a cost-benefit analysis of the proposal. A business case finalising plans for the precinct is due to be released at the end of next month.