Govt considers up to 60,000sq m of Wgtn space
The government is calling for ideas to house core ministries following the creation of the new super Ministry of Business, Innovation and Employment.
BUSINESSDESK: The government is calling for ideas to house core ministries in Wellington in up to 60,000sq m of space following the creation of the new super Ministry of Business, Innovation and Employment.
The brief, posted on the government’s GETS tender site, wants a focus on value for money and an examination of existing accommodation arrangements. The Ministry of Health, Crown Law Office, Ministry of Social Development and at least part of the MBIE would be involved in any reorganisation.
“The agencies have relied on some staple buildings for a long time,” the request for proposal said.
“While these have delivered adequately until now, this project will ensure that the portfolio continues to deliver on the key principles of value for money, productivity, efficiency and stability.”
Social Development is a cornerstone tenant for the next three years of the Bowen Campus, which was acquired by AMP NZ Office last month for $50.4 million.
AMP Office chief executive Scott Pritchard declined to comment on the tender, saying his firm will be an interested party. The tender had been “heralded for some time”.
Bowen Campus was acquired at an initial yield of 10.7% and AMP Office called it “a unique and strategic 1ha space next to the Beehive and parliament buildings".
It has 30,000sq m of net lettable space and consent for a total of 60,000sq m of office space, according to AMP Office statements.
The government has based the amount of space on future staff numbers. It will entertain proposals for sites in Wellington or the neighbouring Hutt Valley and Porirua basin.
Shares of AMP Office rose 0.5% to 95.5 cents and have gained 17% this year.
Jonathan Underhill
Fri, 20 Jul 2012
Fri, 20 Jul 2012
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Govt considers up to 60,000sq m of Wgtn space
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