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

 


Hamilton CBD – Now is the time

Media Release

28 July 2014

Hamilton CBD – Now is the time

While there have been some encouraging developments happening in recent times, Hamilton’s city centre like many around the world has been on the decline for many years evident with vacancies, social issues, poor quality rental stock and valuation decline.

Property Council Waikato, Hamilton City Council, Greenstone Group, Chow:Hill Architects and Naylor Love are coming together to host a forum on the issues facing the city with a focus on the opportunities.

Mayor Julie Hardaker will speak about the work council has done to date regarding the critical areas of the CBD’s improvement plans.

Other speakers at the forum, including Don Lindberg from Waitakere Properties involved in the regeneration of Henderson, will hold a comparative analysis with other cities with focus on the “how” for Hamilton.

Hamilton is at a crossroads where bold decisions will assist to set the central city on the right path. It is an opportune time for discussing policy changes that enable progressive developments and encourage economic prosperity for the city’s heart.

Waikato Branch President Rob Dol says there are some very real opportunities for the central city and if the sector can get traction on some of the various solutions.

“Our views and ideas have stemmed from the people working on the ground locally, who know the market and what works practically in addition to what is commercially viable.

“We want to see the right development enabled to contribute to a sustainable central city that can help lead the transformation into a truly prosperous business environment for the region. This is not about a short-term fix. Bold changes now will lead to long-term results and the flow-on effect will benefit all Hamiltonians.

“There is no grand solution to solve the progressive decline and it won’t come down to one adjustment here-and-there. There will be the need for a combination of focused and coordinated changes to make a tangible impact that involves the property industry, business sector and Hamilton City Council.”

Brian Squair from Chow:Hill Architects believes prosperous CBD retail is an outcome of a city centre that has higher footfall due to increased commercial and residential density. More people equals more retail.

“A lack of companies with a large staff-base combined with the lack of people living close to the city centre makes for a demise in retail, especially for the likes of high-street shops.”

He says there are vacant offices too, which tend to be the older premises as businesses move staff to newer facilities. But there needs to be an attractive package and value proposition for companies to relocate to Hamilton.

“Hamilton has a lot going for it including its proximity, cost of living, accessibility, great education facilities, friendly environment - people that live here love it. It just needs to fix a few things commercially to attract more business with staff that will work, live, play in this city too.”

Presenters include Don Lindberg from Waitakere Properties, Brian Squair from Chow:Hill, and professor Iain White from University of Waikato whom will also facilitate the event.

The event will be held on 30 July. Registration is essential. For more details contact Tracey Plank tracey@propertynz.co.nz

END.


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Fruitful Endeavours: Kiwifruit Exports Reach Record Levels

In June 2016, kiwifruit exports rose $105 million (47 percent) from June 2015 to reach $331 million, Statistics New Zealand said today. Overall, goods exports rose $109 million (2.6 percent) in June 2016 (to $4.3 billion). More>>

ALSO:

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Sparks Fly: Gordon Campbell On China Steel Dumping Allegations

No doubt, officials on the China desk at MFAT have prided themselves on fashioning a niche position for New Zealand right in between the US and China – and leveraging off both of them! Well, as the Aussies would say, of MFAT: tell ‘em they’re dreaming. More>>

ALSO:

Loan Sharks: Finance Companies Found Guilty Of Breaching Fair Trading Act

Finance companies Budget Loans and Evolution Finance, run by former 1980s corporate high-flyer Allan Hawkins, have been found guilty of 106 charges of breaching the Fair Trading Act for misleading 21 borrowers while enforcing loan contracts. More>>

ALSO:

Post Panama Papers: Govt To Adopt Shewan's Foreign Trust Recommendations

The government will adopt all of the recommendations from former PwC chairman John Shewan to increase disclosure and introduce a register for foreign trusts with new legislation to be introduced next month. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news