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Developments to watch: Part three

  • Property
  • April 12, 2018
  • Caitlin Salter
Developments to watch: Part three

In the final instalment of our 'Developments to watch' series, we head down south to examine the most exciting retail developments and expansions across Christchurch and Queenstown.
 

Christchurch

Northlands Shopping Centre

Northlands Shopping Centre in Christchurch is set to receive an $18.8 million development in 2018. Kiwi Property unveiled plans in late 2017 to develop a new dining and entertainment precinct called ‘Langdons Quarter’.

Langdons Quarter is set for construction underneath the existing cinema complex, plus two new exterior restaurant spaces, a new pedestrian entry and refurbishment of existing bathrooms. The two new buildings will accommodate 12 new licensed casual dining operators.

As part of the project, seismic strengthening works will be undertaken with steel structure added to the building. 

Construction is set to commence early this year, and is scheduled to be open to the public from October 2018.

Kiwi Property’s Chris Gudgeon says the new quarter is an overdue expansion which will future-proof the shopping centre.

“We are all about focusing on the social and experiential nature of a shopping centre visit and we want a vibe of contemporary and relevant entertainment.

“Langdons Quarter will give people what they’re after these days which is a funky and contemporary food offering.”

The Terrace Christchurch

The completion of new office developments is bringing workers back to Christchurch CBD, stimulating much-needed foot traffic for retailers and improving the retail status of the CBD.

Construction has been underway since mid-2013 on a $140 million redevelopment of the Christchurch hospitality precinct once known as The Strip on Oxford Terrace. The Terrace will feature premium restaurant and bar offerings, with laneways, courtyards, roof terraces and corporate offices above. It will eventually connect to the BNZ Centre next door.

Six years after construction started on the development, which is located alongside the Avon River, the project is finally approaching completion - outlets are due to open within the next few months. A new $50m Hoyts cinema development on the corner of Colombo and Lichfield streets is also due to open in 2018.

Queenstown

Queenstown Central

Tourism in Queenstown continues to boom with international passenger arrivals into Queenstown Airport reaching 1.97 million in the year ending October 2017. Combined with a local population growing at three times the national average, the expansion of Queenstown’s retail and services offering is open-ended.

Queenstown Central is the newest retail development underway in the emerging Frankton retail precinct. The $60m new town square-style development sits between the successful Five Mile Shopping Centre and Shotover Park.

Five Mile stage two was completed in early 2017 and adds an additional 8,000sqm to the existing centre. It is now anchored by Countdown, Briscoes, The Warehouse and Noel Leeming while Shotover Park has Pak‘n Save and Mitre 10 Mega. Queenstown Central differs from Five Mile’s bulk retail and large stores offer with its town centre-style layout.

Owned by Queenstown Central Limited, stage one of Queenstown Central will comprise of 10,000sqm of retail and 4,500sqm of office space. Anchored by Kmart, it will feature a main street and town square, speciality shops, restaurants and bars. 

The development was designed by Ignite Architects, who are also behind the nearby Remarkables Residences development due for completion in 2019.

All parts of the Queenstown Central currently under construction are expected to be completed in September/October 2018 with a grand opening, and development is currently tracking ahead of schedule.

Colliers International manages and markets the development. National retail director Evan Harris says a further stage may follow down the line.

“The potential new stage is part of the existing site, it will depend on the demand. Both sides of the main street are currently being developed, as well as the State Highway 6 side, but there is a lot of room on the east side [for future development].

“We didn’t want to build too much at once.”

The development is separated into four precincts: Kmart and the general shops act as one anchor; there is a standalone area for a fresh food market; a quick service restaurant area off the town square; and fashion shops on the main street.

About five shops are relocating out of Remarkables Park to Queenstown Central, including Mooch, Whitcoulls and the Coffee Club, with more shops expected to relocate from elsewhere in the area.

The inspiration for the town-square design partially came from feedback from retailers that there was no longer a place just for locals in Queenstown, Harris says.

“Queenstown Central is not really in competition with Queenstown’s CBD. We’re getting feedback from retailers that the CBD has become very much a tourist area and it’s very difficult to get a park and navigate the heavy traffic.

“Queenstown Central is a shopping centre for locals.”

This story originally appeared in NZ Retail magazine issue 754 February/March 2018

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