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.


ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: RBNZ Keeps OCR At 3.5%, Signals Slower Pace Of Future Hikes

Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won’t be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a seven-month low. More>>

ALSO:

Weather: Dry Spells Take Hold In South Island

Many areas in the South Island are tracking towards record dry spells as relatively warm, dry weather that began in mid-August continues... for some South Island places, the current period of fine weather is quite rare. More>>

ALSO:

Scoop Business: Productivity Commission To Look At Housing Land Supply

The Productivity Commission is to expand on its housing affordability report with an investigation into improving land supply and development capacity, particularly in areas with strong population growth. More>>

ALSO:

Forestry: Man Charged After 2013 Death

Levin Police have arrested and charged a man with manslaughter in relation to the death of Lincoln Kidd who was killed during a tree felling operation on 19 December 2013. More>>

ALSO:

Smells Like Justice: Dairy Company Fined Over Odour

Dairy company fined over odour Dairy supply company Open Country Dairy Limited has been convicted and fined more than $35,000 for discharging objectionable odour from its Waharoa factory at the time of last year’s ”spring flush” when milk supply was high. More>>

Scoop Business: Dairy Product Prices Decline To Lowest Since July 2012

Dairy product prices dropped to the lowest level since July 2012 in the latest GlobalDairyTrade auction, led by a slump in rennet casein and butter milk powder. More>>

ALSO:

SOE Results: TVNZ Lifts Annual Profit 25% On Flat Ad Revenue, Quits Igloo

Television New Zealand, the state-owned broadcaster, lifted annual profit 25 percent, ahead of forecast and despite a dip in advertising revenue, while quitting its stake in the pay-TV Igloo joint venture with Sky Network Television. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

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