Wanaka's economy is set for a welcome boost with its first major hotel development in four decades. 

Mount Iron Wanaka will combine a 136-room Sudima hotel with 72 townhouses and apartments across 1.9 hectares.

The shores of Lake Wanaka are among the country's fastest-growing areas, but the town hasn't had a significant new hotel since Edgewater opened in 1986.

Chief executive of engineering consultancy Kirk Roberts Jade Kirk told Mike Hosking the town doesn't have enough accommodation.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

Rss Apple Podcaster
Podden och tillhörande omslagsbild på den här sidan tillhör Newstalk ZB. Innehållet i podden är skapat av Newstalk ZB och inte av, eller tillsammans med, Poddtoppen.