Crowds in Hamilton began to gather at 4am for the opening of Stock Exchange-listed Kiwi Income Property Trust’s Centre Place shopping centre yesterday.
More than 10,000 people are estimated to have attended the opening.
The redevelopment of the centre cost Kiwi Income $40 million excluding $7 million of non-capitalised costs, fees and incentives.
The centre is 95% leased, with 42 new retailers. Anchor tenants include Farmers with a 7100sq m, two-level flagship store, featuring the only M.A.C cosmetic counter in Waikato.
Centre Place also features a new state-of-the-art cinema with the addition of Metro by Hoyts, a new brand for Hoyts cinemas and the first of its kind in New Zealand.
Metro by Hoyts features five digital cinemas and a bar plus “chill-out” space. The centre already features a Lido Cinema offering an arthouse experience with a further three screens.
There is also an outdoor contoured play space for children, green walls and street-scaping in a section of Ward St that has been closed to traffic, with a covered connection bringing the former Downtown Plaza and Centre Place Shopping Centre together under one roof.
This article is tagged with the following keywords. Find out more about MyNBR Tags
- Suburban intensification and sprawl outside city boundary - Unitary Plan
- TradeGecko 'doing millions in revenue' as ex-Kiwi startup builds customers from Singapore
- Punakaiki Fund invests in Taranaki software company
- Unexpected bedfellows emerge in early Unitary Plan reactions
- MARKET CLOSE: Stocks drop, A2 Milk falls ahead of legal challenge, Fletcher Building gains
Most listened to
- The Unitary Plan will change the face of Auckland. NBR reporter Sally Lindsay looks at the changes
- Rabobank's newly appointed CEO Daryl Johnson answers seven key questions on this agriculture industry
- In Editor's Insight, Nevil Gibson examines new revelations about downing of Flight MH370
- InternetNZ boss's two problems with TPP legislation
- Germany’s terror and Turkish torture on Foreign Affairs Scope with Nathan Smith