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


Westpac plans $million investment in Tauranga

Westpac plans $million investment in Tauranga

Westpac New Zealand is investing at least $1million into a new development to create a super branch on Cameron Road and establish a Help Station in the CBD within the next 18 months.

Westpac will be the anchor tenant at the 575 Cameron Road site which is due for completion in June 2015. The new building will be called the Westpac Centre and will be home to Westpac’s retail and business banking teams.

In addition to this, Westpac will be opening a new Help Station in the CBD next year, bringing 24/7 capabilityand other benefits to the retail heart of the city.

Westpac Regional Business Manager, Steve Atkinson, says the planned investment reflects Westpac’s recognition of the evolving shape of Tauranga’s business district.

“Cameron Road has become a significant hub for our business customers so it made sense to look for a development site in that area. We expect it will be a stunning space for both our staff and customers with ample parking for 24/7 banking,” Mr Atkinson said.

The new Help Station will be on Devonport Road and, like the Cameron Road site, will provide a new 24/7 experience for customers.

“Customers expect to be able to do their banking when it suits them. Having both a 24/7 service in the CBD and on Cameron Road will meet those needs,” he said.

Yuh Shan Holdings a Tauranga-owned property investment company collaborated with Veros Property Partners, Westpac and FDA architecture to design the proposed new building.

Recognised as one of the best positioned sites in the Cameron Rd 11th Ave precinct, the development has great profile to Cameron Rd and is expected to attract further top quality tenants to locate beside Westpac.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Oceans: NOAA Declares Third Ever Global Coral Bleaching Event

As record ocean temperatures cause widespread coral bleaching across Hawaii, NOAA scientists confirm the same stressful conditions are expanding to the Caribbean and may last into the new year, prompting the declaration of the third global coral bleaching event ever on record. More>>

Scoop Business: A Decade Of Government Pre-Seed Investment

More publicly-funded science is being commercialised after a decade of government ‘pre-see’d investment, according to an independent review. More>>


Solid Energy: Plan To Shut Unprofitable Huntly East Mine

Solid Energy, the state-owned coal miner in voluntary administration, plans to shut down its unprofitable Huntly East mine and lay off 65 staff after deciding the site stands "no chance whatsoever" of finding a buyer. More>>


E Tū: Merger Creates NZ's Biggest Private Sector Union

E tū has been created by the merger of the Engineering, Printing and Manufacturing Union and Service and Food Workers’ Union. It represents more than 50,000 working New Zealanders in industries as diverse as aviation, construction, journalism, food manufacturing, mining and cleaning. More>>


Internet: NZ Govt Lifts Target Speeds For Rural Broadband

The government has lifted its expectations on faster broadband speeds for rural New Zealand as it targets increased spending on research and development in the country's information and communications technology sector, which it sees as a key driver for export growth. More>>


Banks: Westpac Keeps Core Government Transactions Contract

The local arm of Westpac Banking Corp has kept its contract with the New Zealand government to provide core transactions, but will have to share peripheral services with its rivals. More>>


Science Investment Plan: Universities Welcome Statement

Universities New Zealand has welcomed the National Statement of Science Investment released by the Government today... this is a critical document as it sets out the Government’s ten-year strategic direction that will guide future investment in New Zealand’s science system. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news