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Soho Square site on the market – receiver

The waterlogged Soho Square development in Auckland’s Ponsonby, which owes Strategic Finance investors $70 million, is back on the market.

Soho Square fate sealed

Collapsed deal puts Soho back at square one

Soho development debts top $94 million

The first receivers report for property developer Campbell Layne Kells failed project Soho Square reveals debts of more than $94 million.

At the 1.3ha Auckland site on the corner of Ponsonby Rd and Williamson Ave, Mr Kells planned to build 53 apartments, 35 retails stores, offices and cafes with 1250.

Locals notoriously hated the development, on the site of the former DYC Vinegar plant, holding a mock pool party as a protest in the area dug for a carpark in March.

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