 
          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)