Northland Regional Council (NRC) ratepayers will be putting $6 million towards the proposed centre.
Northland Development Corporation (NDC), the private developer behind the Oruku Landing proposal, say it will bring huge economic benefits and is a once-in-a-lifetime opportunity.
Anderson said it was important that ratepayers considering their views on the Oruku Landing centre development realised there were other hotel options for the city.
He has owned the bigger 5,000 square metre site on Carruth St that once housed Anderson Toyota since 1990.
Half that site has now been sold for retail development, including Animates.
He had also been working with WDC as part of it developing its Town Basin revitalisation plans.
"I wanted to make sure anything that was done on my Town Basin Quarter site fitted in with the council's revitalisation plans," Anderson said.
Marsden Asset Management, a hotel management company and one of the largest of its type in New Zealand, had approached WDC with the aim of building a 60-80 room hotel in Whangārei. The council had in turn introduced the company to him.
Anderson said there was demand for the hotel as Northland grew. The new Hundertwasser development came on top of that.
WDC's waterfront precinct plan aims to create a shared vision for Whangārei's inner-city waterfront area. The council has created it in collaboration with hapū, community and stakeholders.
The plan gives direction for the area's development over the next 20 to 30 years. It will be used to inform future projects, public space improvements and infrastructure, and guide all future development impacting our city's waterfront area.
"These pages contain the blueprint for one of our most valued public spaces, connecting the Hātea Loop shared path with wider networks, expanding green areas and making the most of this wonderful asset to our city. This waterfront precinct plan is the result of many voices coming together to create a joint vision, developing a vibrant city for our growing community to thrive now and for generations to come," the precinct plan said.