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

 

Air NZ Wine Awards: Victory For Villa Maria As Pinot Noir Thrills

It was a night to remember as Villa Maria Estate picked up one of the highest accolades of the evening, the O-I New Zealand Reserve Wine of the Show Trophy, at the 28th Air New Zealand Wine Awards. The Villa Maria Single Vineyard Southern Clays Marlborough ... More>>

ALSO:

Future Brighter Money: RBNZ Releases New Bank Note Designs

New Zealand’s banknotes are getting brighter and better, with the Reserve Bank today unveiling more vibrant and secure banknote designs which will progressively enter circulation later next year. More>>

ALSO:

Commerce: Supermarket Inquiry Finds No Breaches By Countdown

The Commerce Commission inquiry into anti-competitive behaviour by Countdown supermarkets, alleged by former Labour Party MP Shane Jones, has found nothing to warrant prosecution, although it warns supermarkets to take care in the way they communicate... More>>

ALSO:

Crown Accounts: English Flags ‘Challenge’ To Budget Surplus

Finance Minister Bill English is warning next month’s half yearly fiscal and economic update from the Treasury may not forecast a budget surplus, saying that returning the government’s accounts to surplus in 2015 will be “a challenge”, given the decline in commodity prices and weak global inflation. More>>

ALSO:

March 2015: Netflix To Launch In Australia And New Zealand

World’s Leading Internet Television Network to Offer Original Series, Movies, Documentaries, Stand-Up Comedy Specials and TV Shows for Low Monthly Price More>>

ALSO:

Price Of Cheese (Is Up): Dairy Product Prices Fall To Five-Year Low

Dairy product prices fell in the latest GlobalDairyTrade auction to the lowest level in more than five years, led by declines in rennet casein and skim milk powder. More>>

ALSO:

Gordon Campbell: On The Australians Scoring Trade Points Against Us With The Chinese

It hasn’t been a great year for Trade Minister Tim Groser... To top it off, Australia has just signed a FTA with China that has far better provisions on dairy exports than what New Zealand currently enjoys in our own FTA with China. More>>

ALSO:

Iwi & Local Consultation: Oil And Gas Block Offer 2015 Begins

Energy and Resources Minister Simon Bridges today announced the start of the Block Offer 2015 process for awarding oil and gas exploration permits. More>>

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news