Pāpāmoa s commercial investment boom: New $200m Pāpāmoa Junction sold out
23 Apr, 2021 07:00 PM
6 minutes to read
An artist s impression of what the new Pāpāmoa Junction could look like. Photo / Supplied
A new mixed-use development in Pāpāmoa has almost doubled in value as demand for commercial space in the suburb soars. The now sold-out Pāpāmoa Junction on Parton Rd in Pāpāmoa East is estimated to be valued at $200 million once complete. Its original valuation was more than $100m.
The news comes as Tauranga City Council has issued commercial consents worth nearly $33m in the Mount and Pāpāmoa area in the past six months.