Botany Town Centre has been operating in the Auckland suburb of East Tamaki since 2001, but it's now beginning a $78 million redevelopment and extension project.
Speculation over Sylvia Park’s next big retail lease has been rife since the country’s largest shopping centre announced its two-hectare Galleria expansion in June. Centre owner Kiwi Property finally broke the suspense with an announcement naming Galleria’s anchor retailer this week.
Shopping centre developer New Zealand Retail Property Group has stepped back its latest mixed-use development and refunded buyers their deposit. The development pairs with boutique retail centre The Milford Centre, with 115 apartments intended to sit on top of the centre.
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Tauranga’s population is booming, and so is its attractiveness as a shopping destination. The Bay of Plenty city’s Bayfair Shopping Centre is investing in this future with a new $100 million expansion which will add around 50 specialty stores; a dining precinct; a new Countdown supermarket and a seven-screen cinema complex.