Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Westfield Completes Manukau City Development

Westfield Completes NZ$70 Million Manukau City Development

Westfield New Zealand has completed the NZ$70 million development of Westfield Manukau city centre with the Grand Opening on Thursday 29 November 2007.

The investment in the redevelopment of the Westfield Manukau City shopping centre has seen 40 new retail stores added along with a new outdoor dining and entertainment area and a new two level car parking building.

Westfield Manukau City now has over 170 specialty stores, major retailers Foodtown and Farmers, and mini majors JB Hi Fi; Number 1 Shoes, and a new format Whitcoulls store.

A key component of this project is the SKYCITY Cinemas which will open in 2008.

Westfield has owned the Manukau shopping centre since 1998 and in that time the company has invested NZ $19 million by completing a redevelopment and ambience upgrade in 2003 and 2004 respectively in the centre’s ongoing development. The new development will create a further 279 new retail jobs at the centre taking the total number of those employed at Manukau City to 1,458.

Westfield New Zealand Director, Justin Lynch said it has been Westfield’s aim to continue to promote a diverse, vibrant Manukau City and the new development celebrates the city’s cultural diversity in its design.

“Throughout the centre, in particular the new alfresco dining area, pieces of Manukau’s cultural fabric have been woven into the building and its design,” he said.

“We are committed to ensuring that Westfield Manukau City is part of a vibrant and prosperous city centre. We believe our investment in Manukau City to complete this significant redevelopment will have a positive benefit for our retailers, shoppers and importantly for the local community.

Earlier this month Westfield opened the new NZ$210 million Westfield Albany centre taking the value of the Group’s investment in New Zealand to over NZ$3 billion. The company plans to invest a further NZ$500 million in its New Zealand assets over the next 5 years.

Westfield entered the New Zealand market and then purchased the St Luke’s Group portfolio of shopping centres with an initial investment of around NZ$1 billion in 2000.

– ENDS –

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Media: Julian Wilcox Leaves Māori TV

Māori Television has confirmed the resignation of Head of News and Production Julian Wilcox. Mr Maxwell acknowledged Mr Wilcox’s significant contribution to Māori Television since joining the organisation in 2004. More>>

ALSO:

Genetics: New Heat Tolerant Cow Developed

Hamilton, New Zealand-based Dairy Solutionz Ltd has led an expert genetics team to develop a new dairy cow breed conditioned to thrive in lower elevation tropical climates and achieve high milk production under heat stress. More>>

Fractals: Thousands More Business Cards Needed To Build Giant Sponge

New Zealand is taking part in a global event this weekend to build a Menger Sponge using 15 million business cards but local organisers say they are thousands of business cards short. More>>

Scoop Business: NZ Net Migration Rises To Annual Record In September

New Zealand’s annual net migration rose to a record in September, beating government forecasts, as the inflow was spurred by student arrivals from India and Kiwis returning home from Australia. More>>

ALSO:

Scoop Business: Fletcher To Close Its Christchurch Insulation Plant, Cut 29 Jobs

Fletcher Building, New Zealand’s largest listed company, will close its Christchurch insulation factory, as it consolidates its Tasman Insulations operations in a “highly competitive market”. More>>

ALSO:

Scoop Business: Novartis Adds Nine New Treatments Under Pharmac Deal

Novartis New Zealand, the local unit of the global pharmaceuticals firm, has added nine new treatments in a far-ranging agreement with government drug buying agency, Pharmac. More>>

ALSO:

Crown Accounts: English Wary On Tax Take, Could Threaten Surplus

Finance Minister Bill English is warning the tax take may come in below forecast in the current financial year, as figures released today confirm it was short by nearly $1 billion in the year to June 30 and English warned of the potential impact of slumping receipts from agricultural exports. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news