Business South January 2024

| 9 Southpark Corp - Waterloo Business Park T T Karen Phelps Exciting opportunities on offer at The Works The Cooperage, which retains aspects of the historic building on the site, such as the brickwork, and has now been combined with modern elements to result in a sleek loftinspired space. REGIONAL DEVELOPMENT Stage one of the old Islington freezing works redevelopment at Waterloo Business Park in Christchurch, called The Works has been completed and is ready for new tenants. Within stage one is The Cooperage, which retains aspects of the historic building on the site, such as the brickwork, and has now been combined with modern elements to result in a sleek loft-inspired space, says Waterloo Business Park general manager Cam Burnett. “We aspire to record and celebrate the freezing works industry with historical pieces integrated into the refurbished spaces,” he says. The site offers immediate opportunity for hospitality and boutique retail businesses with nine tenancies available ranging from 100-150sqm. Cam says there is some flexibility regarding the tenancies. “We’ve purposely left the car park and courtyard area incomplete, eagerly awaiting the input from future tenants to tailor these spaces to meet their specific needs.” The Preserver, located next door, is the next project and will offer over 600sqm. Cam envisions this space as the perfect canvas for a wine bar or microbrewery, presenting itself as an alluring destination for post-work social gatherings. Cam says both sites represent a great opportunity for tenants with over 2000 people working from Waterloo Business Park each day and very little competition both in the park and locally for hospitality and retail. With around 30ha of vacant land still to be developed in Waterloo Business Park, this will add another 1000 people to the foot traffic each day. Additionally Southpark is underway with a fully tenanted 3000sqm office space development 100m away from the recently refurbished The Cooperage, within The Works refurbishment. Beyond these immediate developments, the prospects within the park are rife with untapped opportunities, says Cam. People can purchase a site and undertake their own build or developer Southpark Group can build a custom designed building for a tenant to lease. Set over 114 hectares the park has been planned as one community, housing businesses from a broad range of sectors and scale. “It’s a place where people can come together to form dynamic teams and enjoy more balanced lives.” “We have taken inspiration from around the world and the best of Kiwi to create a brand new development that meets all the environmental, logistical, geotechnical, technological and construction requirements – and then raised the bar,” explains Cam. The central hub, called Islington Square, is green space reserve with a nine hole frisbee golf course and table and chairs for those in the business park to rest and relax whether during their work break or in the weekend. The strategic location and well-connected setting at the edge of Christchurch’s urban area promise on-going growth and success. The park is equipped with a future-ready utility network, ensuring streamlined gas, water, and fibre connectivity to each lot. This provides tenants not only with convenience but also with cost-effective and efficient services, says Cam. He says that Waterloo Business Park is more than mere commercial space and the site’s evolution speaks volumes about the delicate balance between conserving heritage and fostering growth. “It’s a place where people can come together to form dynamic teams and enjoy more balanced lives,” says Cam. “The integration of green spaces ensures a balance between work and leisure promoting employee wellbeing, offering a range of outdoor activities from workouts to casual strolls, and fostering a vibrant community spirit. “The overall aim of Waterloo Business Park has been to create an inspiring environment to make work life more enjoyable and increasingly productive.” Waterloo Business Park is already home to several established companies such as Sorted Logistics, Mainfreight, Cardinal Freight, Connetics, Bidfood, Giltrap Motors, and Harvey Norman, highlighting its attractiveness to a diverse range of industries. Cam says that multiple industrial developments are underway at Waterloo Business Park including Southpark building three different warehouses for a client ranging from 5000-7000sqm each. 021 980 650 0800 GO 4 RNR (0800 46 4 767) admin@rnrplumbing.co.nz www.rnrplumbing.co.nz RNR • Plumbing • Gas • Drainage • Blocked Drains • Bathroom Alterations • Backflow Prevention • Camera Inspections RNR Plumbing Ltd plumbing | gas | drainage HEALTH & SAFETY MADE SIMPLE People Driven Innovation Structural Engineering specialists - providing the best quality experience and results for our clients. AKL: 09 294 8993 | CHCH: 03 928 2258 admin@bce.nz www.bce.nz

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