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Kiwi Income to build ASB new $160m HQ at Wynyard Quarter

Listed company Kiwi Income Property Trust is going to own and develop ASB Bank’s new headquarters at the Wynyard Quarter precinct on Auckland’s waterfront.

The $160 million development is still in the early stages of design but ASB chief executive Charles Pink said it would include public spaces with seating, a covered courtyard and café. There would also be facilities for meetings and community events, he said.

“For our people we have researched the most modern workplace philosophies. It will be a modern, airy workplace, promoting a sense of belonging for all who work there or visit it. We want our workplace to reflect the great caring, community spirit of our ASB team,” Mr Pink said.

Construction is due to start part way through next year, with ASB staff due to move in part way through 2013.

The Wynyard Quarter development involves a $2-3 billion revamp over 20 years that will eventually see 14,000 people working in the area.

“Wynyard Quarter is set to become a leading contributor to Auckland’s urban development, creating authentic and vibrant places for people in which our communities can grow and prosper in a sustainable way, celebrating design excellence and innovation,” development manager Sea + City said.

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Comments and questions
4

Vodafone are just as bad as telecom, if not worse at screwing the NZ consumer - there will be no freebees, these termination costs will be included in your new contract somewhere. Plus the huge profits of this company are shipped straight out of NZ.

You are aware that this article is about the planned ASB office? your comment has about as much relevance as me talking about how many snickers bars I eat a day! speaking of which, about time for my 5th...

Good work Auckland. Build a hideous looking tall building that blocks views to the sea in prime real estate. Can we not learn how to design waterfront areas that aren't a disgrace? Surely we can look at cities that have done it right (such as Sydney) for inspiration.

This has all gone very quiet, but what a fruitcake design and folly by ASB with their inept kicking boy Kiwi. This will become tomorrows toilet block eyesore for us all with poor judgment Kiwi hoodwinked into signing into terminating land.
A tale of woe unfolds at the waterfront....