Emirates Team New Zealand are discussing a new, permanent home on Auckland's Wynyard Quarter for a base which team boss Grant Dalton describes as "much more than a tin shed".
The team has to move out of their current base in Halsey St to make way for a five-star hotel to be built there some time next year and the team are looking for a settled home.
That could be on the Beaumont St site where Italian America's Cup syndicate Luna Rossa was based as they developed their AC72 catamaran in conjunction with a design-sharing arrangement with Team New Zealand in 2012 and 2013.
"The challenge is that we would like to have more of a legacy building - not just a tin shed," said Dalton. "It is early days yet and we are still in discussions but, ideally, we would become an interactive part of the precinct."
Dalton said the broad concept was for the Team NZ base to host a marine centre of excellence and the team was also talking to the Royal New Zealand Yacht Squadron about a yachting academy there.