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

 

Strike: Lyttelton Port Workers Vote To Escalate Dispute

Members of the Rail and Maritime Transport Union (RMTU) at Lyttelton Port today voted to escalate their industrial action. Around 200 RMTU members have been operating an overtime ban since 17 December and today they endorsed a series of full withdrawals of labour at the port. More>>

ALSO:

Scoop Business: NZ Dollar Falls To 3-Year Low As Investors Favour Greenback

The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening other currencies against the greenback. More>>

ALSO:

Scoop Business: NZ Govt Operating Deficit Smaller Than Expected

The New Zealand’s government’s operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax-take from last month’s forecast. More>>

ALSO:

0.8 Percent Annually:
NZ Inflation Falls Below RBNZ's Target

New Zealand's annual pace of inflation slowed to below the Reserve Bank's target band in the final three months of the year, giving governor Graeme Wheeler more room to keep the benchmark interest rate lower for longer.More>>

ALSO:

NASA, NOAA: Find 2014 Warmest Year In Modern Record

Since 1880, Earth’s average surface temperature has warmed by about 1.4 degrees Fahrenheit (0.8 degrees Celsius), a trend that is largely driven by the increase in carbon dioxide and other human emissions into the planet’s atmosphere. The majority of that warming has occurred in the past three decades. More>>

ALSO:

Scoop Business: New Zealand’s Reserve Bank Named Central Bank Of The Year

The Reserve Bank of New Zealand’s efforts to stifle house price inflation by using new policy tools has seen the institution named Central Bank of the year by Central Banking Publications, a publisher specialising in global central banking practice. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

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