Strong tenant interest in large commercial development in Havelock North

Construction is underway on one of the largest commercial development in Havelock North in a decade with key tenants already confirmed for stage one, signalling strong confidence in the fast-growing CBD.

Murrayfield Properties Limited, owned by Jonathan and Cristina McHardy’s family trust, has a vision to create a modern vibrant retail, commercial and hospitality precinct.

A representative for the McHardys, Warren Ladbrook, said four hospitality businesses, all of which are local and are either expanding their business to the new complex or opening new offerings are already confirmed for stage one.

Two high profile corporate businesses have also signed tenancy agreements for the top level of the complex and there’s strong interest in commercial space ranging from 150m2 to 450m2 on the first level.

“Havelock North is going from strength to strength as a retail, hospitality and commercial office CBD, which is proven with the first stage of the development close to being fully tenanted during the early stages of construction,” said Ladbrook.

“The McHardys see a significant opportunity to create something unique in Havelock North offering an integrated work and lifestyle precinct for building occupants as well as locals and visitors to enjoy the variety of hospitality offerings.”

“We’ve worked very closely with Hastings District Council, both in building consents but also in creating more on-street public parking and better pedestrian connectivity. The complex will have 45 carparks initially, growing to 90.”

Award winning Auckland architect firm RTA Studio has designed the building with a focus on a work and lifestyle urban environment that has a strong connection with the existing Havelock North CBD.

RAT Studio executive director Richard Naish said the design has a rural-styled influence inspired by high pitched farm sheds and wineries and creating courtyards and laneways both for customers of the hospitality businesses and office staff to enjoy.

“There is a strong design influence utilising quality building materials to create a modern and relaxed setting.”

RTA Studio has received more than 70 New Zealand and international awards, including Home of The Year, a World Architecture Festival category win and the New Zealand Architecture Medal.

Havelock North construction firm Gemco is the lead contractor and has commenced ground works on the site with the complex due to be completed by June 2019. A range of other local businesses are involved in the project including structural engineering firm Strata Group.

Mr Ladbrook expects stage two of a 2200m2 complex is likely to commence in mid-2019, with accommodation potentially included in future stages.

“In the future, the entire development could be a base for over 400 workers, putting it on par with similar type mixed-use developments like the Tech Hub in Ahuriri.”