Precinct Properties have confirmed that they’ll proceed with the $681 million redevelopment of the Downtown Shopping Centre – which includes the construction of a 39 storey office building – after reaching their target of having 50% of the development pre-leased.
Precinct own the current mall, along with the HSBC, Zurich, PWC and AMP towers and are grouping them all into a precinct they’re calling Commercial Bay which is the name originally given to the area before the land was reclaimed. Combined they say the area will be occupied by 10,000 workers. The new tower itself will be named PWC tower with PWC moving from the tower across Albert St.
The project includes
- 39,000 m2 of commercial office space including a 1,400m2 sky terrace on level 7
- 18,000 m2 of retail space over three levels with ~100 retailers – they are saying they have a big name international retailer not currently in NZ already lined up.
- Along with the CRL tunnels there will be additional parking which I imagine will be primarily used by commercial tenants as there 278 carparks all up.
- There is a 6m wide east-west lane through the development located on centreline of Britomart. It will be open 24/7 and link the train station to the new bus interchange being built on Albert St.
Work is due to start on demolishing the current mall in June and they will build this section of the City Rail Link through the site – linking it to the separate works along Albert St and at Britomart. They say they expect the retail to open in October 2018 and the office tower will be completed in mid 2019
Here are some more images they’ve provided
Combined with the CRL Lower Queen St outside Britomart will be pedrestrianised. With the development occurring over QE Square which was sold by the council.
The retail part of the development certainly has a boxy feel to it.
And a video of it all.