Rotorua Daily Post health and business reporter

Work begins on $20m retail development

1 comment
Progress: Work on the development which will house Kmart. Photo/Ben Fraser
Progress: Work on the development which will house Kmart. Photo/Ben Fraser

A new shopping centre for Rotorua is progressing ahead of schedule.

Work on the $20 million development of the Trade Central site in Amohau St is progressing well, according to Pukeroa Oruawhata general manager Peter Faulkner.

Mr Faulkner said construction workers would appear on site this week with the official handover on March 27.

Kmart is the major tenant in the new development, which could see up to 13 stores added.

Mr Faulkner said there had been "extremely good" interest in the new retail space.

He believed shoppers would be pleased with the mix of retail they were expecting.

"We are aiming to get a retail mix that will support and complement the tenancies."

Mr Faulkner said it would be great to be fully leased when the development opened before Christmas, and it was looking like that was a possibility.

Kmart was targeting an opening of March 2018 but other tenants were expected to move in earlier.

The development at the site will add an extra 8848sq m of retail space to the Trade Central site, which is home to Mitre 10 Mega and Hunting & Fishing.

The development is being carried out by Pukeroa Properties No2, a wholly-owned subsidiary of Pukeroa Oruawhata Trust.

- Rotorua Daily Post

Get the news delivered straight to your inbox

Receive the day’s news, sport and entertainment in our daily email newsletter

SIGN UP NOW

Have your say

1200 characters left

By and large our readers' comments are respectful and courteous. We're sure you'll fit in well.
View commenting guidelines.

Sort by
  • Oldest

© Copyright 2017, NZME. Publishing Limited

Assembled by: (static) on production bpcf02 at 25 May 2017 23:37:13 Processing Time: 212ms