80 | Infinity Investment Group: Ravenswood Commercial hub growing from page 78 Ravenswood Central – a 3700sqm 21-tenancy retail hub – will be ready for trading to commence in early 2023. DEVELOPMENT “Along with that, new motorway developments have made the district significantly more accessible and the Waimakariri is increasingly being discovered and recognised as a great place to live.” Now that Stages 1 to 5 have all unconditionally sold, Stage 6 sales are well advanced with 90 of 276 sites sold. Remaining sites, priced between $349,000 and $429,000, are on track to be sold by the end of this year. Ravenswood’s fast-developing commercial precinct is also attracting plenty of activity and interest. Already open is a New World supermarket, a childcare centre, gym, storage facility and other light industrial businesses. Construction of the next exciting phase – Ravenswood Central, a 3700sqm 21-tenancy retail hub – will be getting into full swing this autumn, ready for trading to commence in early 2023. Confirmed for Stage 1 are Joes Garage and Coffee Club along with sushi, Indian, Thai and Chinese restaurant tenants. Only one tenancy [116sqm] remains available for lease in the first stage of this desirable retail centre. A Lone Star restaurant and bar will occupy an adjacent standalone building that fronts onto Bob Robertson Drive, with resource consent having been submitted for the building’s construction. Lone Star is currently on the hunt for a franchisee to run their new restaurant at this high impact location. On the other side of Bob Robertson Drive, Ravenswood Central has secured Bayleys, Harcourts, branded liquor and bakery franchise outlets and a pharmacy as tenants in Stage 2 and is negotiating with other potential tenants. Strong expressions of interest have also been received from several large format retailers. There are good options up for grabs for those wishing to secure a retail lease in Stage 2, with seven tenancies available ranging from 87sqm to 441sqm. PROUD TO BE ASSOCIATED WITH INFINITY INVESTMENT GROUP Find us at: www.taggart.net.nz | (03) 323 7085
RkJQdWJsaXNoZXIy NDc2Mzg=