REGIONAL RETAIL CENTRE BAY OF PLENTY, NEW ZEALAND
LOCATED IN TAURANGA’S WESTERN GROWTH CORRIDOR, TAURANGA CROSSING IS POSITIONED TO BECOME ONE OF ONLY TWO REGIONAL SHOPPING CENTRES IN THE BAY OF PLENTY. THE 13HA SITE CAN ACCOMMODATE OVER 44,000 M2 OF RETAIL FLOOR SPACE, THE FIRST 17,800 M2 OF WHICH WILL COMMENCE TRADING IN 2016.
257,000
THE TOTAL TRADE AREA POPULATION IS CURRENTLY ESTIMATED AT 257,000, INCLUDING 116,000 IN THE MAIN TRADE AREA AND 77,000 IN THE PRIMARY TRADE AREA.
$1.3 BILLION
THE ESTIMATED ANNUAL RETAIL EXPENDITURE OF THE MAIN TRADE AREA POPULATION IS $1.3 BILLION AS AT OCTOBER 2014.
4.4% GROWTH $4.6 BILLION
THE ANNUAL RETAIL EXPENDITURE CAPACITY OF THE MAIN TRADE AREA IS ESTIMATED TO GROW BY 4.4% P.A. TO $2.1 BILLION BY 2026.
THE RETAIL EXPENDITURE CAPACITY OF THE TOTAL TRADE AREA IS ESTIMATED TO GROW FROM APPROX $2.8 BILLION (2014) TO $4.6 BILLION BY 2026.
TAURANGA IS ONE OF NEW ZEALAND’S FASTEST GROWING CITIES, AND CONSTITUTES THE EASTERN COMPONENT OF WHAT IS CONSIDERED NEW ZEALAND’S ECONOMIC ‘GOLDEN TRIANGLE’, BEING THE GEOGRAPHIC AREA BETWEEN AUCKLAND, HAMILTON AND TAURANGA.
MOUNT MAUNGANUI
AUCKLAND MAUNGANUI ROAD
PORT TAURANGA HAMILTON
AIRPORT
MOUNT MAUNGANUI
PORT
BETHLEHEM
TO AUCKLAND
CBD
BETHLEHEM
CAMERON ROAD
TAURANGA CBD
CAMBRIDGE/ MOFFAT ROAD K
TO TAURANGA CBD, MT MAUGANUI & PORT
WELCOME BAY TAURANGA CROSSING
TO HAMILTON
TO ROTORUA
TAURANGA URBAN LIMITS
PRE 2021
POST 2021
BARKES CORNER
1KM
TAURANGA CROSSING 36 29
TO HAMILTON & AUCKLAND
TO ROTORUA
RECOGNISED MARKET OPPORTUNITY Tauranga Crossing’s location at the intersection of SH29, SH36 and Route K provides it with unrivalled access and prominence. The centre’s location and market potential have been recognised by PaknSave, The Warehouse, Noel Leeming and Warehouse Stationery who will collectively occupy over 69% (12,300 m2) of Stage 1. The balance of Stage 1 has been designed to accommodate approximately 5,500m2 of food, service and general merchandise stores.
29
SH29
“ THE LONG TERM OUTLOOK FOR THE FUTURE DEVELOPMENT OF TAURANGA CROSSING IS, IN OUR VIEW, VERY POSITIVE, GIVEN THE PROMINENT AND HIGHLY ACCESSIBLE SITE, AS WELL AS THE STRONG FUTURE POPULATION GROWTH ANTICIPATED WITHIN THE TRADE AREA, ESPECIALLY WITHIN THE PRIMARY AND TERTIARY EAST SECTORS.” MACROPLAN DIMASI; OCTOBER 2014
K
TO TAURANGA CBD, MT MAUGANUI AND PORT
CAMBRIDGE RD
CAMERON RD
BAYFAIR
29
TAURANGA CROSSING
CBD
BETHLEHEM TO AUCKLAND
TO HAMILTON AND AUCKLAND
BARKES CORNER
29 36 TO ROTORUA
INDUSTRIAL STAGE 1 / 37HA FRASER COVE TO MATAMATA APPROX. 25MINS
29
INDUSTRIAL STAGE 2 / 40HA
THE LAKES RESIDENTIAL 2800 SITES
TAURANGA CROSSING
FUTURE URBAN STAGE 3 TO HAMILTON
APPROX. ROUTE PROPOSED SH29 TAURIKO BYPASS
TO ROTORUA
TO ROTORUA 36 APPROX. 35-40MINS
TAURANGA CROSSING TRADE AREA POPULATION
PRIMARY TRADE AREA POP 77,395 SECONDARY NORTH TRADE AREA POP 22,291
SECONDARY SOUTH TRADE AREA POP 16,770 TERTIARY EAST TRADE AREA POP 60,116
STRATEGIC LOCATION
HIGH PROFILE + HIGH ACCESSIBILITY STRONG POPULATION GROWTH TAURIKO INDUSTRIAL ESTATE Tauranga Crossing’s total trade area population is currently estimated at 257,000, including 116,000 in the main trade area (primary and secondary areas). These estimates are forecast to increase to 286,000 (total trade area) and 132,000 (main trade area) by 2026.
EST. 5,000 FULL-TIME EMPLOYEES THE LAKES RESIDENTIAL ESTATE
EST. 7,000 PERMANENT RESIDENTS
TAURANGA CROSSING’S DESIGN REFLECTS THE ESSENCE OF THE BAY OF PLENTY WITH ITS EMPHASIS ON LIFESTYLE AND THE OUTDOORS. THE ARCHITECTURE ALSO REFERENCES TAURIKO’S TIMBER MILLING HISTORY, THROUGH ROBUST NATURAL MATERIALS AND SIGNIFICANT SITE PLANTING.
DESIGNED TO ENSURE A VIBRANT AND SUCCESSFUL RETAIL MIX FROM THE OUTSET, STAGE 1 PROVIDES AN OPPORTUNITY FOR SELECTED FOOD, SERVICE AND GENERAL MERCHANDISE RETAILERS TO CAPITALISE ON THE EXPOSURE OF TRADING ALONGSIDE FOUR OF NEW ZEALAND’S LEADING BRANDS.
SH29
STAGE 1 TA UR
IKU
RA
DR
IVE
Stage 1 will establish Tauranga Crossing as a focal point for Western Tauranga. Approximately 5,500m2 of space with variable areas and frontage to suit food, services and general merchandise businesses is available for lease.
SH29
TAU RIK
UR A
A PLANNED RETAIL MIX PAKNSAVE
SERVICES Banks, travel agent, hairdresser, telecommunications, optometrist.
THE WAREHOUSE
GENERAL MERCHANDISE Appliances, electronics, stationery, pharmacy, gifts, homeware, sports, clothing, lifestyle.
WAREHOUSE STATIONERY
FOOD AND OUTDOOR SEATING Cafes and drive-through fast food.
NOEL LEEMING
AMENITIES
DRIV
E
FUTURE STAGES WILL REINFORCE THE CENTRE’S ROLE IN THE REGION. THEY WILL INCLUDE AN ENCLOSED MALL, BESPOKE FOOD & BEVERAGE OFFERINGS, AND HEALTH, ENTERTAINMENT AND LEISURE ACTIVITIES. ON COMPLETION THE CENTRE HAS THE POTENTIAL TO ACCOMODATE OVER 44,000M2 OF RETAIL FLOOR SPACE AND 2,500 CARPARKS.
STAGE 1
17,800m2 NLA + 780 CARPARKS STAGE 2 (A+B)
37,000m2 NLA + 1,600 CARPARKS ZONED FOR FUTURE GROWTH
44,000m2 NLA + 2,500 CARPARKS
EK UT RO SH29
1
2B
TA UR
IKU
RA
STAGED DEVELOPMENT STAGE 1 STAGE 2A STAGE 2B
SH
36
DR
IVE
2A
SCALE 1 : 1000 AT A3 CREATED 7.10.2014
CONTACT ANDREW BISHOP
Site Realty Ltd · p +64 21 724 188 · e andrew@siterealty.co.nz Site Realty Ltd · p +64 21 623 447 · e braden@siterealty.co.nz DUNCAN WOODHOUSE Colliers International · p +64 21 888 962 · e duncan.woodhouse@colliers.com BRADEN STANTON
SITE REALTY LIMITED AND CPS LIMITED AS LICENSED UNDER THE REAA 2008
www.taurangacrossing.com
ALL MARKET ESTIMATES AND FORECASTS ARE BASED ON THE MACROPLAN DIMASI REPORT DATED OCTOBER 2014. TAURANGA CROSSING LIMITED AND ITS AGENTS HAVE TAKEN EVERY REASONABLE ENDEAVOUR TO ENSURE THE ACCURACY OF THIS DOCUMENT. HOWEVER, TAURANGA CROSSING LIMITED AND ITS AGENTS ACCEPT NO RESPONSIBILITY FOR ANY ERRORS, MISDESCRIPTIONS OR OMISSIONS IN THIS DOCUMENT. ADDITIONALLY, TAURANGA CROSSING LIMITED AND ITS AGENTS MAKE NO REPRESENTATIONS AS TO THE ACCURACY OR OTHERWISE OF THE CONTENTS HEREIN AND THE READER IS ADVISED TO UNDERTAKE ITS OWN INVESTIGATIONS INTO THE SAME BEFORE ACTING ON ANY MATTER RELATED TO THIS PUBLICATION. FIGURES QUOTED ARE APPROXIMATE ONLY AND THIS DOCUMENT SHALL NOT BE CONSTRUED TO BE AN OFFER OR PART OF A CONTRACT FOR LEASE OR SALE.