Wānaka soon to be home to $180m alpine resort

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The $300m privately-owned Wānaka Health Precinct was also under development about 700 metres away from the Mount Iron Wānaka resort. A separate 250 home development, also near Mt…

Work on a $180 million hotel and resort development in Wānaka is expected to begin next year.

The Mount Iron Wānaka development would include a 136-room Sudima hotel, 72 townhouses and apartments, shared swimming pools, landscaped gardens, dining and conference spaces.

It would be built on 1.8 hectares of land at the foot of Mount Iron and was expected to take four years to build.

Sudima Hotels and Hind Management founder and chief executive Sudesh Jhunjhnuwala said the hotel would bring much-needed amenities to the town.

"Wānaka has grown significantly but its hotel offering hasn't kept pace and we see a real gap in the market for a high-quality, full-service hotel," he said.

Despite its rapid growth, Wānaka has not had a new hotel of any significance since the 106-room Edgewater opened in 1986.

That growth has not been without teething issues with concerns about a shortage of housing and the cost of living as well as pressure on existing services including healthcare and wastewater.

The development was originally proposed in 2022 but was put on ice due to the economic downturn and changes in planning requirements.

KR Capital, which was part of engineering and design consultancy Kirk Roberts, came up with the project.

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