Innovation hub GridAKL contributes $424m annually – TAU

11th March 2025 By Staff Reporter | news@propertyticker.co.nz | @propertyticker

Tātaki Auckland Unlimited says its innovation hub GridAKL contributes $424m annually to Auckland’s economy.

A 10-year impact report commissioned by TAU and delivered by Beca, showed GridAKL had evolved from a startup concept to become a cornerstone of Auckland’s tech and innovation ecosystem, housing more than 900 employees across 140 businesses at two locations: a startup hub at 101 Pakenham Street West and a scaleup hub at 12 Madden Street.

“What started as a single building has grown into an expansive innovation network that’s helping to reshape Auckland’s economy,” said TAU economic development director Pam Ford.

“”GridAKL’s scaleup hub is now a significant economic engine for the region, while its startup hub continues to nurture the next generation of innovators.”