​ VIBRANT NEW SHOPPING PRECINCT AND ENTERTAINMENT DESTINATION

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Invercargill Central will be Invercargill's only fully integrated Shopping Centre delivering a unique shopping, dining, cultural and tourism experience people will love and want to share.


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THE VISION

The Invercargill Central development is a new CBD development occupying a 20,000​ m²​ block in central Invercargill. ​ The site is currently occupied by a variety of old buildings and the new development will retain three of the key heritage facades but otherwise will provide for a brand new development, featuring the New Zealand retail giant, major retailer Farmers Department Store, a fashion precinct, three separate food precincts, a medical centre, entertainment and approximately 1,000 car parks on site.

The main retail area will consist of two levels, with a ground level of retail, a two-level Farmers department store, and at the first level a quality restaurant precinct plus an open air plaza, leading to the medical centre and associated commercial buildings.

The redevelopment will include two office buildings, both located in iconic core locations and the first floor level will also lead to the multi-deck car park above.

The development will be integrated with the adjacent Readings Cinema which will reorientate its entry into the Centre adjacent to the ground floor food precinct.


The City Council have identified Invercargill’s 4 key pillars to be Attraction, Experience, Place and Performance, Invercargill Central encapsulates this vision perfectly.

Attractionthis development is set to boost commercial opportunities for retailers, food and beverage operators and tourism businesses. 

Experience​ Invercargill Central will delight and become a destination for consumers. 

Place​ More than just a shopping experience, Invercargill Central’s contemporary streetscapes along with modern shopping and dining environments will appeal and draw consumers to visit and stay awhile.

PerformanceInvercargill Central is set to compliment Invercargill’s commercial culture

Download Floor PlansHERE.

Dining with a difference at Invercargill Central

The total F&B market in the Invercargill catchment is $270 million per annum and the Invercargill Central food offer should capture approximately $31.8 million of that.*

In addition to the total F&B spend of $270 million from the Invercargill catchment, a further $30 million was spent in 2017 on F&B from tourists.

Three distinct dining precincts will cater for every dining offer from early morning to late evening, rain or shine, seven days a week.

The Esk Street Eatswill be an entertainment hub wrapped around an internal streetscape adjacent to the cinema entry, providing a variety of dining experiences in a shared seating environment with traditional “street frontages” providing a highly versatile dining precinct opening out onto Esk Street. ​

Food Central​ will be located in Zone 2E closest to Tay Street and will provide convenience food offers in a well organised centralised cluster. ​ It will effectively be a deconstructed food court which is family friendly for shoppers and workers and be a value price point precinct.

The Terracewill take dining to the next level. Situated on the first floor overlooking Esk Street will be home to premium hospitality brands providing a modern hospitality offer in an indoor/outdoor environment perfect for business meetings, dining and social occasions. ​ It will be in an elevated prominent location overlooking Esk Street with external balconies.

*Source HWCP – Invercargill Central, Food & Beverage Master Planning, Future food, October 2018

CENTRE STATISTICS

Invercargill Central has the opportunity to become the lifestyle centre for the city, to take its place as the centre of a new Invercargill (both socially and physically) in the minds of its residents, workers and visitors.

Primary Catchment Area Invercargill CityPopulation 2017 was 54,800 and by 2021 is estimated to be 56,100.

  • The secondary catchment of the Gore District and Southland District provides another 43,550 now and projected 44,408 by 2021. 
  • The total Southland catchment is currently 98,350, growing to 100,506 by 2021.
  • Average household income $74,900.  33% of those are in the $70,000 and up category.  
  • Retail sales in Invercargill in 2017 totalled $1,192 million and is growing at 2.5% per annum.

Tourism

  • International visitors to Invercargill in the 2017 year totalled 87,500 with international visitor spend of approximately $55 million. 
  • Tourism from within New Zealand provides additional expenditure in Southland of close to $180 million per annum.

* Source NZ Stats

THE PLACE TO BE

​ Southland is home to naturally warm and hospitable personalities. Invercargill is a city that celebrates its heritage and future – Invercargill Central will be Invercargill’s only fully integrated Shopping Centre delivering a unique shopping, dining, cultural and tourism experience people will love and want to share. 

Invercargill Central will put its best foot forward with a Centre Marketing Fund and total co-ordinated branding and marketing which will be driven by a dedicated marketing team.

As this vibrant shopping experience takes shape, we can expect to see a diverse range of quality boutique retail and well known brands take residence next to quality food and beverage operators.  Invercargill Central will quickly establish itself as a vibrant new shopping precinct and entertainment destination. 

Timing:

Construction commencing early 2020
Resource consent has been granted
Stage 1 anticipated opening date is November 2021
Stage 2 Opening 2022
Final completion scheduled for late 2022.

Contact

Evan Harris
Colliers International Real Estate Management
+64 274 325 153
evan.harris
@colliers.com

Caroline Espley
Colliers International Real Estate Management Limited
+64 21 434 461
caroline.espley
@colliers.com

Michaela Cody
Colliers International
​ Real Estate Management Limited
+64 22 413 3544
michaela.cody
@colliers.com

Trevor Thayer
Professionals MacPherson Realty Limited

+64 27 227 3876
Trevor
@prored.co.nz

Colliers International

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