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Harvard Hub Development - Wigram Christchurch

Posted By: ABL on Wed, 18 December 2013

www.harvardhub.co.nz

Work underway on new commercial and business park in Christchurch

Work on a multi-million-dollar light industrial multi-use business park in Christchurch is underway, with the first diggers breaking ground.

The Harvard Hub is a desirable plot of flat and sunny land at Wigram, just off the city’s Southern motorway.

The extensive project is under construction by the Christchurch branch of award-winning South Island company Amalgamated Builders (ABL) and project managed by experienced property investment company TPI Ltd.

The initial Stage One consists of three larger units – one has already sold with strong interest shown from other potential buyers.

Of the 22 units on offer, office spaces range from as little as 55sqm to 330sqm while warehouse sizes go from 60sqm to 514sqm.

Sitting right alongside Christchurch’s biggest residential subdivision Wigram Skies, which itself will include a full-size shopping centre and around 1800 homes, individual unit buildings at Harvard Hub cater for a range of businesses from service and distribution storage to trades, professional offices, light manufacturers and a café.

TPI director Lindsay Topp, an experienced Arrowtown-based property developer, said he was thrilled to get the project underway with ABL.

“They’re good Southern guys with a great knowledge-base built up over decades in the industry and I’ve had good experiences with them building a number of projects on time and to budget,” he said.

“They make it really easy from my point of view because they just take control and do the job, and it’s all about transparency, honesty and team performance.”

Mr Topp said the level of interest in the units, designed by Merivale-based DD Architects Ltd, was “very high”.

“The fact we’ve been able to get through the consent process to get this underway is very appealing right now to businesses looking to establish themselves in this fast-growing area,” he said.

Gavin Ryan of commercial property sales and leasing specialists M B Cook Commercial Ltd said there was currently a serious lack of this sort of product in the market place.

“While there’s plenty of talk out there about future developments, to my knowledge this is the only company which has actually started a ‘spec’ build of this nature ahead of the market,” he said.

“It’s a stunning flat site with easy transport links in all directions which together with the range of mixed business use options on offer makes it very attractive across the board to investors, owner-occupiers and tenants alike.”

All showroom and office spaces feature fully ducted air conditioning and many have profile street frontage. High ceiling heights from 2.7m to 3m ensure light and airy premises and a large number are also North-facing.

On-site car parking adds to ease of access for customers, while extensive landscaping using native species, complemented by lampposts and footpaths, is designed to blend well with and be sympathetic to the adjoining residential development.

The first three units are expected to be completed by June 2014. Work on Stage Two for the remaining 19 units is anticipated to commence on issue of the building consent.

Sales and lease enquiries are welcome to Gavin Ryan on gavin@mbcook.co.nz, mobile 0274 584 587 or (03) 341 4098 or visit the website www.harvardhub.co.nz

For further media information or images please contact:

Peter Corkery
Canterbury Area Manager and Director
Amalgamated Builders Christchurch
E: peter.corkery@abl.co.nz
M: 021 858 583

OR

Fiona Woodham
Southern PR
(+64 3) 441 1117
(+64) 274 313 270

Business Park planned for former airfield

Posted By: ABL on Wed, 18 December 2013

The Christchurch Press - 18th December 2013

A complex of business units is to be built on land subdivided for industry on the former Wigram Airfield.

To be called Harvard Hub, the complex will be built on just over a hectare. The site is a piece of the airfield land developed for business use by Ngai Tahu alongside their Wigram Skies residential subdivision.

The developers of Harvard Hub are TPI 1 Ltd, who trade under the name Top Property Investments.

They will put up 22 units, with offices ranging in size from 55 square metres to 330sqm, and warehouse spaces from 60sqm to 514sqm.

Groundwork has started on the site. Construction of the first stage of three large units is due to be finished by June. Construction of stage two, the remaining 19 units, will start when building consents are issued.

TPI 1 director Lindsay Topp says the complex is designed to cater for service, distribution and storage businesses, as well as tradespeople, professional offices, light manufacturers and a cafe.

Units are available for lease or to sale to investors or owner- occupiers, and one of the stage one units has already been sold. Topp said the level of interest was "very high".

"The fact we've been able to get through the consent process to get this under way is very appealing right now to businesses looking to establish themselves in this fast- growing area," he said.

Commercial realtor Gavin Ryan of Cook Commercial said there was a "serious lack of this sort of product" in the industrial market.

"While there's plenty of talk out there about future developments, to my knowledge this is the only company which has actually started a 'spec' build of this nature ahead of the market," he said.

Ryan said the units have been grouped in pods, separating the showrooms from the industrial premises, and sited for ease of vehicle movement.