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

 


Chch developer signs PwC as anchor tenant for $60M building

Christchurch developer signs PwC as anchor tenant for $60M CBD building

By Tina Morrison

June 6 (BusinessDesk) - Christchurch builder developer Armitage Williams Construction is pressing ahead with its prime $60 million riverside CBD office building in the city following the signing of accounting firm PwC as the anchor tenant today.

Construction of the six-level building, to be known as The PwC Centre, will start within the next three months and PwC expects to move from its temporary accommodation in Burnside in mid-2016, PwC spokeswoman Joanna Garty said. PwC and law firm Chapman Tripp will each take one level of the building, which has 8,000 square metres of office space and is almost fully tenanted.

PwC's former 22-storey glass office block was demolished in 2012 after it was deemed too expensive to repair following a series of earthquakes which required the demolition of much of the central city business district. The new PwC Centre, designed by Warren & Mahoney Architects, will exceed the requirements of the current earthquake code.

"It's important for us to play our part in rebuilding our city and moving back into the city's heart is another demonstration of our commitment to the city," PwC regional managing partner Maurice Noone said.

The development site is on the corner of Cashel St and Cambridge Tce opposite the Bridge of Remembrance over the Avon River. It previously housed buildings which were demolished following the earthquakes.

(BusinessDesk)

© 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