Waitakere Mega Centre
From Wikipedia, the free encyclopedia
| Waitakere Mega Centre | |
| Facts and statistics | |
|---|---|
| Location | Henderson, Auckland, New Zealand |
| Coordinates | Coordinates: |
| Opening date | 1980s |
| Developer | ING Property |
| Management | ING Property |
| Owner | ING Property |
| No. of stores and services | 21 |
| No. of anchor tenants | 3 |
| Total retail floor area | 16,551 m² (178,153 sq ft) |
| No. of floors | 1 |
| Footnotes | |
| Information from ING Property.[1] | |
Waitakere Mega Centre is an integrated bulk retail shopping centre, located in Henderson, a major suburb of Auckland, New Zealand, on Vitasovich Avenue approximately 15.7 kilometres (9.8 mi) west of the Auckland CBD immediately adjacent to Westfield WestCity. The centre is configured in 4 freestanding blocks and draws from substantial undercroft parking facilities.
Contents |
[edit] History and Development
In 1994, Wellington-based Waltus Investments acquired the site, then known as Waitakere Plaza, which contained a Kmart, Foodtown, four specialty stores and a food court. In April 1997, Waltus committed to a NZD $5.2 million expansion and refurbishment of the centre, with the intention of turning it into a niche bulk retailing centre. The development, funded by bank loans, was based on the needs of the two new anchor tenants, Briscoes and Rebel Sport, who had just signed nine-year leases.[2] The work was completed in 1998.[3]
In November 2004, Urbus Properties, an NZSX-listed property company formed from the Waltus syndicate in May 2001,[4] commenced a $14.5 million refurbishment, and renamed the site Waitakere Mega Centre. The impetus came from the departure of anchor tenant Foodtown, who had complained that the centre could not compete with Westfield WestCity. The redevelopment, which took place over 2005 and 2006, saw the centre modified to a U-shaped design with the shops facing onto car parking, in line with other centres at Mount Wellington and Albany. The original 6,733 m² (72,473 sq ft) Kmart store was demolished and replaced with 153 car parking bays, and Kmart moved into a 4,926 m² (53,023 sq ft) new-format premises. An additional 6,229 m² (67,048 sq ft) of retail space was added in the expansion.[3] On 24 June 2005, ING acquired Urbus Properties, becoming New Zealand's second-largest listed property vehicle.[5]
As at 31 January 2007, the centre was valued at $39,991,000 NZD.[1]
[edit] Transport
The centre is accessible via the nearby Henderson Train Station and by bus services from Britomart Transport Centre and New Lynn Train Station.
[edit] Facilities
[edit] Major Retailers
Major retailers within the centre include:[1]
[edit] References
- ^ a b c Properties. ING Property. Retrieved on 2007-08-03.
- ^ "Waltus spending big in Auckland", The Dominion, 24 April 1997, p. 18.
- ^ a b Taylor, Colin. "Waitakere Plaza gets makeover", New Zealand Herald, 27 November 2004, p. E01.
- ^ "Urbus Properties turns on the charm", National Business Review, 18 May 2001.
* Gibson, Anne. "Urbus listing debut completes renewal", New Zealand Herald, 22 July 2003. - ^ "Merged ING trust becomes NZ’s second largest", Scoop.co.nz, 24 June 2005.
 |
This article about a New Zealand building or structure is a stub. You can help Wikipedia by expanding it. |
