Faradays to Build $30 Million Department Store on Queen St, Auckland

Luxury retailer Faradays is launching a $30 million development on Auckland’s Queen St, with plans to open a three-level department store by mid-2026. The store will feature a restaurant, unique retail experiences, and valet parking, transforming the site at 131 Queen St. Led by CEO Edward von Dadelszen, developer Andrew Krukziener, and investor Mark Francis, the project aims to create a destination for both New Zealanders and visitors. Von Dadelszen emphasizes the venture as a commitment to innovation and community inspiration.

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