TGH Annual Report 2013 - page 23

Tainui Group Holdings
Annual Report
2013
21
During the year, a further 619 (net)
customer car parks were constructed,
bringing capacity to 3,479. Additional
access ways were created to ease traffic
congestion, aided also by the Te Rapa
bypass which opened inDecember 2012.
CBD Development
TGH’s new head office, including
, a new cafe operator to
Hamilton, was completed at 6 Bryce
Street, Hamilton. This re-development,
along with TGH’s neighbouring
buildings at 2 Bryce Street, occupied
by
(Chartered
Accountants), and 4 Bryce Street,
now occupied byWaikato-Tainui Te
Kauhanganui Incorporated (TGH’s
Shareholder), will form a boutique
office precinct which will help
enhance the CBD and reinforce TGH’s
commitment to the central city.
TGH is also very pleased to have
successfully tenanted
restaurant
in its refurbished premises located in
the Alma Street building in Hamilton,
which overlooks theWaikato River.
Palate continues to be one of the
region’s premier restaurants, and
the shift to this location should only
enhance that reputation.
During the year TGH also secured
the Earthquake Commission as a new
tenant for the Hamilton CBD and
theWaikato region in a refurbished
property in London Street.
Residential Development
The CallumBrae Tainui joint
venture development at Huntington
is nearing completion with only
11 of its 655 sections remaining for
sale. Planning is underway for the
residential development of 44 hectares
at Rotokauri, less than a kilometre
west of
, along with a further
7 hectares purchased at Rotokauri
during the year. This will ensure
that TGH remains in the residential
development sector with a supply of
sections available for the next 20 years.
Added to Rotokauri and located an
easy distance fromboth Hamilton and
Auckland, 31 sections are available for
sale at Hartis Avenue, Huntly.
Finding the right fit
It took two years for Garageworks
directors Karyn Grant and business
partner CraigMacfarlane to find the
right spot for
.
“We loved the natural elements of the
building, the steel and stonework and
the sunny profile. And it was a fringe
location, not on the main street or in
the “hospo” zone. Joe’s ethos is that it
has to be a destination known to locals
and sought out by visitors,” Grant says.
“TGHwanted quality and longevity for
the fitout and the lease, and so did we.
They understood the importance of us
making sure everything was just right.”
Grant says that’s all about making
Joe’s a place comfortable for locals and
visitors alike.
“We need a place that’s understated and
unpretentious, funky and industrial,
where you can get fresh food and
exceptional espresso in a relaxed and
casual environment.
“Being new to theWaikato, TGH also
made us feel very welcome. It feels
like we have family here, which is very
special in a commercial environment.”
Awards and Accolades
international council Shopping Center Awards – Asia pacific:
2012 International Council of Shopping Centers, Silver Award for Design and
Development for
New Zealand Hotel Industry Awards:
2012 Environmenal Initiative Award
for
New Zealand Commercial Project Awards:
2013 Silver Award for Retail
New Zealand Architecture Awards:
2012 Bay of Plenty/Waikato
Architectural Award for Commercial Architecture for
Nga Aho Design Award:
2012 Bronze Award for Aotearoaness for
Nominations
NZ Institute of Chartered Accountants
:
2012 Best Annual Report by a
Corporate Organisation (Finalist)
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