After years of stalled progress and a $300 million price tag, Auckland’s infamous “ugly” Seascape tower may finally get a second life. Developer Shundi Customs’ collapse in 2024 triggered the search for a new owner, and now Bayley’s Real Estate has confirmed a preferred buyer — a super-rich, experienced heavyweight with a signed exclusivity deal. Technical due diligence is next, but if all goes well, construction could resume next year, bringing this 56-story behemoth to completion before the end of 2025.
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