New Napier Developments

20/07/2018

$100m of developments in Napier planned to change retail landscape

Napier's business landscape is getting a $100 million makeover with assistance from Team Architects, in a move that hopes to transform the whole dynamic of commercial and retail over huge areas of Ahuriri. 

About two years after the completion of the Ahuriri Treaty of Waitangi Settlement, Mana Ahuriri - the post-settlement governance entity - has set out a bold vision to become one of Hawke's Bay's largest commercial property and asset owners, announcing new developments worth more than $100 million as part of the first phase of a growth strategy.

Wilson, the lead negotiator of the Treaty Settlement, said commercial growth in much of Napier City had stalled due to a lack of land for development in key areas - until now.

"Through our Treaty Settlement, Napier's retail and commercial sectors can expect to see a great improvement in the overall offering. This will attract business and more investment, enabling economic growth and new jobs.”

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Words above from Hawkes Bay Today by Andrew Ashton
Photo above: Kerry Avery of Avery Team Architects discusses plans for the development on Napier's Monroe St with Mana Ahuriri Holdings Limited directors Warren Ladbrook and Barry Wilson.

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