The Government and Auckland Council have released plans for what they're calling a "world class" America’s Cup village on Auckland’s waterfront to host the 2020-21 cup defence.
The new village would be located in the Wynyard waterfront area and provide at least seven syndicate bases around two basins with provision for restaurants and bars, public viewing, and hospitality areas.
The new proposal is being called a "hybrid" option as it incorporates elements of the Wynyard Basin option, agreed by the council in December and the Wynyard Point variant explored by the Government.
"I believe the proposal will create a legacy for Auckland and all of New Zealand – our main aim alongside creating a top class venue for Team New Zealand and the Cup defence in 2021 and, hopefully, beyond," Economic Development Minister David Parker says.
As part of the plan Team New Zealand will be granted what the Government says is "the prime spot" at the end of Hobson Wharf in a development worth $30 million.