Five million dollars is being injected to revitalise one of Auckland's longest-standing shopping locations.

The private capital will be used to overhaul the historic Queens Arcade, turning it into a boutique luxury retail precinct.

Construction at the lower Queen Street site will begin in April and is due for completion in November.

Queens Arcade Property Manager Ian Wright told Kerre Woodham the project has been over two years in the making, but they believe the timing is absolutely right.

He says there’s a lot of positive things happening in the CBD – foot traffic is returning, the new convention centre has opened, the CRL is opening soon, and cruise ships are still coming in.

LISTEN ABOVE