Plans to build a multi-level carpark for Air New Zealand's customers near Auckland International Airport has hit a roadblock.
The developer tasked with the development at 34 Airpark Drive had begun the project before it was placed in liquidation in late September when an unnamed investor pulled the pin.
"We understand that after investing an initial sum of money in the business the investor withdrew his financing support," the liquidator's report said.
"This left the company unable to continue the project."
The developer had struck a deal with a contractor to build the carpark, which would be leased to an operator to service mostly Air New Zealand customers, the report said.
An Air New Zealand spokesperson said it did not own or lease the site which operated as an airport customer carpark called Care Park.
"[Air New Zealand] has no other interest in the site other than offering it, alongside many other bookable airport and valet parking options, via the website."
The developer had at least four creditors owed a total of $2.15 million.
Sole director Timothy Symons and the liquidator did not comment further.
A carparking business continues to operate from 34 Airpark Drive by a new company. A director of that company, Kenneth Leong, made the following comment: "The company I am involved in has been operating the carparking business at 34 Airpark Drive, taking bookings and serving our customers, since 1 August. The company in liquidation is unrelated to our company and our business is unaffected by this."