Tauranga City Council’s chief executive has defended the $91.9 million, 15-year cost to lease its new building, saying this enables the council to adapt to a changing workforce.
The council’s 1000 or so administration staff have started moving into the eight-storey eco-building at 90 Devonport Rd in Tauranga’s CBD.
The lease has an annual rent of $6,129,511 plus $313,352 for 65 carparks.
The council is leasing the building from Willis Bond, having sold the property developers the land in 2021 for $8.5 million.