Gluckman said the project was a critical step in driving innovation in Auckland.
"It is not possible to imagine any way New Zealand can succeed in a world where knowledge-driven innovation will be the major source of economic growth unless a real innovation ecosystem develops in Auckland," Gluckman said.
However, Gluckman said an innovation step-change required changes in attitude from both the public and private sector.
"We are seeing [this] starting to appear.
"The reconstruction of central ministries has started, Auckland City has started to put real effort behind the concept and today we see one example of the private sector responding."
Nextspace chief executive Gavin Lennox said the move into Wynyard Quarter offered the firm the chance to be closer to clients as it grew and gained traction in the market.
Nextspace has been developing software since 2007 but its latest focus has been on Visual City, which allows users to make virtual models of city spaces.
Visual City pulls together data such as maps, plans, resource consents, building models, transport routes and photographs and presents them over an interactive 3D map.
The application has been used by the Auckland Council to communicate proposals in its spatial plan and Melbourne's South East Water is also using the platform to reduce the cost of building a new sewer system.