tauranga crossing
DESCRIPTION
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REGIONAL RETAIL CENTRE
BAY OF PLENTY, NEW ZEALAND
$1.3 BILLION THE ESTIMATED ANNUAL RETAIL EXPENDITURE OF THE MAIN TRADE AREA POPULATION IS $1.3 BILLION AS AT OCTOBER 2014.
$4.6 BILLION 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.
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.
4.4% GROWTH 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.
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.
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.
TAURANGA
AUCKLAND
HAMILTON
BETHLEHEM
MOUNT MAUNGANUI
TAURANGA CBD
WELCOME BAY
PORT
TAURANGA CROSSING
1KMTO ROTORUATO HAMILTON
TO AUCKLAND
TAURANGA URBAN LIMITS
PRE 2021 POST 2021
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.
K
MOUNT MAUNGANUI
29
PORT
AIRPORT
CBD
BETHLEHEM
29
36
TAURANGACROSSING
MAUNGANUI ROAD
CAMERON ROAD
TO TAURANGA CBD, MT MAUGANUI & PORT SH29
CAMBRIDGE/MOFFAT ROAD
TO HAMILTON & AUCKLAND
BARKES CORNER
TO ROTORUA
TAURANGA CROSSING
BAYFAIR
CBDBETHLEHEM
FRASER COVE
TO ROTORUA
TO HAMILTON
TO AUCKLAND
TAURANGA CROSSING TRADE AREA POPULATION
PRIMARY TRADE AREA POP 77,395 SECONDARY SOUTH TRADE AREA POP 16,770 SECONDARY NORTH TRADE AREA POP 22,291 TERTIARY EAST TRADE AREA POP 60,116
THE LAKESRESIDENTIAL2800 SITES
INDUSTRIALSTAGE 2 / 40HA
FUTURE URBANSTAGE 3
INDUSTRIALSTAGE 1 / 37HA
TO MATAMATA APPROX. 25MINS
TO TAURANGA CBD, MT MAUGANUI AND PORT
TO HAMILTON AND AUCKLAND
APPROX. ROUTE PROPOSED SH29 TAURIKO BYPASS
CAMBRIDGE RD
TO ROTORUA APPROX. 35-40MINS
BARKES CORNER
29
29
36
36
29
K
TAURANGA CROSSING
TO ROTORUA
CAMERON RD
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
“
STRONG POPULATION GROWTH
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 EMPLOYEESTAURIKO INDUSTRIAL ESTATE
EST. 7,000 PERMANENT RESIDENTSTHE LAKES RESIDENTIAL ESTATE
HIGH PROFILE + HIGH ACCESSIBILITYSTRATEGIC LOCATION
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.
TAURIKURA DRIVE
SH29
TAURIKURA DRIVE
SH29
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.
STAGE 1
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
A PLANNED RETAIL MIX
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.
17,800m2 NLA + 780 CARPARKSSTAGE 1
37,000m2 NLA + 1,600 CARPARKSSTAGE 2 (A+B)
44,000m2 NLA + 2,500 CARPARKSZONED FOR FUTURE GROWTH
STAGE 1
STAGE 2A
STAGE 2B
STAGED DEVELOPMENT
1
2B
2A
TAURIKURA DRIVE
SH29
SH36
ROUTE
K
SCALE 1 : 1000 AT A3CREATED 7.10.2014
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.
CONTACT
ANDREW BISHOP Site Realty Ltd · p +64 21 724 188 · e [email protected] STANTON Site Realty Ltd · p +64 21 623 447 · e [email protected] WOODHOUSE Colliers International · p +64 21 888 962 · e [email protected] REALTY LIMITED AND CPS LIMITED AS LICENSED UNDER THE REAA 2008
www.taurangacrossing.com