Sharechat Logo

CentrePort is key

By Suzanne Green

Friday 13th February 2004

Text too small?
A new commercial business park being developed by Wellington port company CentrePort is an integral part of plans to revamp the city's northern entrance.

The first phase of the 50-year City Gateway project was launched last week and CentrePort is one of the key landowners working with Wellington City Council on the plan.

CentrePort Commercial Business Park will cover about 8ha of the port's 43ha of waterfront land in an area seaward of Waterloo Quay, between Strait Shipping to the north and Westpac Stadium to the south.

An extension of existing office space tenanted by Telstra Clear, the New Zealand Rugby Union and CentrePort itself, it will eventually connect with the Wellington Waterfront Ltd's Queen's Wharf developments.

Mixed-use commercial activity was growing, with an emphasis toward commercial office and bulk retail space, CentrePort's strategic development manager Neville Hyde said.

The company was talking to a number of parties about development opportunities within the park.

The company was working with the council to upgrade traffic and amenity features.

These included improved pedestrian links along Waterloo Quay and a new operational port entrance to the north of the business park with access to the park, through what was now the main port entrance.

Mr Hyde said emphasis would be placed on the positioning of each building, to ensure each had natural light around the complete exterior.

It would also enable workers to have good views toward the harbour.

"The operational port activity adjoining the business park will provide an ever-changing activity interest not available elsewhere in the city commercial area," he said.

As well as its handy location with easy access to transport services, the CBD and Parliament, the quality of space was a major attraction.

"We can offer large floor-plate coverage which means tenants can have exactly what they require."

This was particularly attractive for companies wanting more modern building infrastructure in a city where much of the office stock was dated.

It was expected about 8000 office workers would be housed in the park.

"Our research suggests that the park will provide 10% more office space in the city," Mr Hyde said.

"According to current growth projections, this should equate to about 15 years of forward development capacity."

It was expected fringe businesses such as cafes and gymnasiums would open up nearby.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

SML - Synlait Milk Limited - Trading Halt of Securities
AIA - Auckland Airport announces board chair changes
AIA - Auckland Airport announces board chair changes
CEN - Tauhara commissioning progress update
FPH initiates voluntary limited recall
March 28th Morning Report
KFL Celebrates 20 Years of Excellence in Investment Mgmt.
SVR - Savor FY24 Earnings Guidance & Change in Banking Partner
NZK - NZ King Salmon Investments Limited FY24 Results
March 27th Morning Report