Big interest in leasing berths spurs first stage of commercial development at new marina
Lyttelton Port of Christchurch (LPC) has already leased more than 110 berths at the new Te Ana Marina and is now seeking expressions of interest from businesses looking to become part of this vibrant commercial waterfront development.
Te Ana Marina is LPC’s first step towards regenerating the inner harbour as a vibrant community-focused destination with connections to the Lyttelton township. LPC will own and operate the marina and associated facilities which are due for completion in April 2018 the marina will feature 170 berths for yachts and powerboats and include a safe, waterfront promenade.
LPC Chief Executive, Peter Davie says “People are encouraged to contact LPC if they wish to license a berth as there are not many left. We are delighted with the level of interest as it shows support for the development of a modern walk-on marina in Lyttelton is only growing.
“We have some unique leasing opportunities in stage one of our commercial development at Te Ana, and we are now interested in hearing from people who might like to operate a commercial activity at the marina.”
Stage one of the commercial development at Te Ana is the refurbishment of an existing wool store, adjacent to the waterfront, for commercial and retail activities. The building will be strengthened and upgraded as part of the marina’s redevelopment, and efforts will be made to retain many of the unique features characteristic to the original building.
“Opportunities are available for a wide range of businesses, including retail, food and beverage, marine services, offices and community activities. We expect rental rates will be competitive and reflect the value and amenity of the location and facility,” Davie says.
Accommodation will be provided in the wool store for the marina’s administration offices, berth-holder amenities and public washroom facilities. This building will accommodate 720 square metres of ground floor space in a range of flexible tenancy sizes, excluding the marina offices and amenities, and up to a maximum of 400 square metres in any one tenancy.
This unique waterfront site has been designed to accommodate additional development stages to meet occupier demand. While LPC will retain ownership of land, opportunities for third party occupiers or developers may arise in future.
Commercial property agents Knight Frank have been appointed by LPC to promote this new opportunity, and engage with potential occupiers, with a view to establish a thriving portside commercial precinct.
Knight Frank Director Craig Edwards is excited to be involved with the project.
“This development has been a long time coming,” he says. “The new Te Ana Marina, and associated commercial facilities, will be a huge asset for the region.
“There are very few venues in all of Canterbury where you can dine with a view of the sea. The marina itself will provide an attractive and energetic backdrop to the much-anticipated and keenly sought-after public waterfront area.”
Peter Davie predicts the regional significance and unique appeal of Te Ana will attract a wide range of business operators.
“Christchurch will finally have what all other major New Zealand cities have and that is a fully serviced, walk-on marina.”
Any party interested in leasing should contact Craig Edwards at Knight Frank.
For further information contact:
Allanah James | Strategic Communications Manager | Lyttelton Port of Christchurch | 021 709 652