Auckland Prison PPP project

11/9/2015
PPP, Project development

NZ$ 350 million

Completed

11/9/2015


Overview:

  • The Auckland Prison PPP project is a redevelopment of the prison that is starting with the replacement of the 261 bed maximum security facilities, commonly known as Auckland East.
  • The prison's four existing maximum security units were built in 1968 and have reached the end of their shelf life, so the Department of Corrections has partnered with Next Step Partners to deliver the new facility though a design, build, finance and maintain (DBFM) public private partnership (PPP).
  • The Next Step Partners Consortium is comprised of Next Step Partners, Fletcher Construction, Cushman & Wakefield, Public Infrastructure Partnerships, Westpac New Zealand, and Macquarie Capital New Zealand.
  • The new facilities will be connected to Units 1 - 5 (Auckland West), providing greater opportunities to streamline operations.
  • Construction of the new facilities at Auckland Prison is expected to be completed by the end of 2017, with the new facilities fully operational by June 2018, when decommissioning of the existing Auckland East will commence.
  • The total maximum prison number at Auckland Prison will remain at 681; and the project is the fifth PPP procured in New Zealand.

Adam Majeed - Regional editor

Jurisdiction:

New Zealand

Deal types:

PPP
Project development

Practice areas:

Project finance
Project development
PPP/PFI

Industry sector:

Social infrastructure


Firms: