Waiwera Hot Pools Set for $50 Million Redevelopment by New Consortium

Waiwera’s renowned geothermal hot pools are on the verge of a major transformation after being closed for seven years. A new consortium, known as the Waiwera Thermal Springs Property limited partnership, has reached an agreement with the current owners, Urban Partners, to purchase the site for a comprehensive redevelopment. This project, estimated at $50 million, aims to create a high-end spa and sauna experience featuring 28 pools, saunas, reflexology walks, and landscaped gardens.

The Waiwera site has been largely inactive since the demolition of its water slides and facilities in 2023. Previously owned by Russian billionaire Mikhail Khimich, the location fell into disrepair after he left New Zealand in 2018 amid legal troubles. As reported, Khimich is now believed to be deceased. The new consortium aims to revitalize the site and provide a serene environment for visitors.

Plans for a Tranquil Retreat

At a recent community meeting, Brandon Batagol, director of Waiwera Thermal Springs, reassured local residents that the new facility would differ significantly from its predecessor. “It will be very different from what you know of the past,” Batagol stated, adding that despite a capacity for 300 guests, the design prioritizes calm and relaxation. Notably, there will be no waterslides or noisy attractions, catering primarily to adults and families seeking a tranquil retreat.

Batagol emphasized the consortium’s commitment to the community, stating, “We don’t see ourselves as developers where you come in, build it and flick it.” His partner, Craig Mitchell, echoed this sentiment, asserting that the team is dedicated to delivering a project that aligns with community needs. The redevelopment comes after several attempts by Urban Partners to find a joint venture partner since the site has remained unused since 2019.

Economic Impact and Community Involvement

The consortium is preparing to submit a resource consent application to the Auckland Council next week. As part of this process, they commissioned an economic impact report from BDO, revealing that the new facility is expected to attract approximately 302,969 visitors and generate around $300 million in GDP within its first five years, including construction.

Support from local officials has been robust. Auckland Mayor Wayne Brown publicly endorsed the project, describing it as a significant investment opportunity for Auckland. The development partnership includes prominent investors like Batagol, Matt Wickham of WRE Investments, and Randello Mitchell Investments from Australia. Additionally, the local iwi, Ngāti Manuhiri, are involved as development partners, further ensuring community input in the project.

The design of the new facility will be led by Studio Pacific Architecture, the firm known for its work on the Auckland Surf Park. While Urban Partners will sell the hot pool site, they will retain ownership of adjacent land, currently home to a hotel and campground.

Construction on the Waiwera project is slated to begin by November 2024, with the goal of opening by the end of 2027. The revitalization of the Waiwera hot pools represents a significant shift for the area, promising to restore a beloved local attraction while fostering economic growth and community engagement.