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Reimagined.

Redeveloped.

Revitalised.

Reimagined.

Redeveloped

Revitalised.

Reimagined.

Redeveloped.

Revitalised.

Reimagined

Redeveloped

Revitalised

The

Centre

The Invercargill Central development will create a vibrant new CBD heart for Invercargill.

Occupying nearly a full block, the development will maintain the heritage of Invercargill with several key facades being retained. These historic facades will be thoughtfully combined with modern, new architectural spaces to deliver a contemporary new development, featuring prominent retailers and modern food eateries - a retail development to rival the country’s best.

In addition to providing quality retail space for top retailers to service the strong Invercargill catchment, the two level site will feature 700 onsite carparks and will fully integrate with adjacent office buildings, medical centres and cinemas.

The

Centre.

The Invercargill Central development will create a vibrant new CBD heart for Invercargill.

Occupying nearly a full block, the development will maintain the heritage of Invercargill with several key facades being retained. These historic facades will be thoughtfully combined with modern, new architectural spaces to deliver a contemporary new development, featuring prominent retailers and modern food eateries - a retail development to rival the country’s best.

In addition to providing quality retail space for top retailers to service the strong Invercargill catchment, the two level site will feature 700 onsite carparks and will fully integrate with adjacent office buildings, medical centres and cinemas.

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Our City for Tomorrow.

Transformational change is coming to Invercargill. A visionary urban development is set to transform the inner city, reenergising its streets and reinventing the image of Invercargill as a modern regional centre for the deep south. Never before has an opportunity of this scale been available. Invercargill is ready for change and the aspirations of the residents for a contemporary retailing experience in a reimagined city centre are coming to fruition. ​

Architecture and Design.​

The innovative design and layout will change the image of Invercargill by providing a modern regional shopping environment for the district. The contemporary design will combine boutique retail with national retailers and will offer a year round weatherproofed destination providing a design driven customer experience.

The retention of historic facades mixed with modern new contemporary architecture will provide a magnificent frontage to Esk Street and a modern classic internal design will provide access through to the Tay Street frontage which will feature a striking illuminated lighting display along the carpark frontage above. ​

​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Elevated

 

Food &

 

Beverage.

Our food & beverage dining precinct will be the ultimate destination for foodies.

Elevated design creating an enhanced customer experience.

Mix of vendors targeted to meet all tastes and budgets .

Café clusters, laneways and aspirational shared dining spaces will enable customers to enjoy multiple quality dishes while enjoying a sense of community.

Protected from the elements with alfresco dining opportunities inline with latest international trends.Unique and mindful design capturing the warmth of southern hospitality.​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

 

Four Distinct Retail Precincts.

ESK ST EATS​ a modern urban food and hospitality precinct with indoor and alfresco dining featuring a collective of grab and go options and fresh, fast food.

FASHION GALLERY​ a unique fashion experience featuring much loved local NZ brands such as Glassons and Hallensteins along with a range of curated fashion boutiques

ELEVATED FOOD & BEVERAGE​ a design led food and beverage offering with an enhanced dining experience capturing the warmth of southern hospitality

SPECIALITY​ a general merchandise precinct with everyday services and essentials

Together they will provide a vibrant shopping experience that will allow for a diverse range of quality boutique retail and well known national brands. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

In Good Company.

Farmers department store chose the Invercargill Central location for a modern two level 6000 square metre department store as the development provides an unparalleled inner city shopping experience and a new heart for Invercargill.

Much loved kiwi retail icons Glassons and Hallensteins have already chosen to make Invercargill Central their home as have a number of speciality brands.

The development will proudly support and grow local businesses but also values national and international brands. The mix will be carefully curated to target both the fashion conscious customer and those looking for convenience and everday essentials. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Elevated

 

Food & Beverage.

Our food & beverage dining precinct will be the ultimate destination for foodies.

Elevated design creating an enhanced customer experience.

Mix of vendors targeted to meet all tastes and budgets .

Café clusters, laneways and aspirational shared dining spaces will enable customers to enjoy multiple quality dishes while enjoying a sense of community.

Protected from the elements with alfresco dining opportunities inline with latest international trends.Unique and mindful design capturing the warmth of southern hospitality.​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Esk St Eats.

Designed to be a food and hospitality experience matching the latest trends in gastronomic precincts in New Zealand and Internationally.

Esk Street Eats will be a contemporary dining precinct trading seven days a week in an environmentally controlled indoor / outdoor environment. It will be the place to meet, eat, drink, and be social. The food and beverage precinct will redefine southern hospitality with the operators expertise, motivations and their contemporary approach to food service. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Esk St Eats.

Designed to be a food and hospitality experience matching the latest trends in gastronomic precincts in New Zealand and Internationally.

Esk Street Eats will be a contemporary dining precinct trading seven days a week in an environmentally controlled indoor / outdoor environment. It will be the place to meet, eat, drink, and be social. The food and beverage precinct will redefine southern hospitality with the operators expertise, motivations and their contemporary approach to food service. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Four Distinct Retail Precincts.

ESK ST EATS​ a modern urban food and hospitality precinct with indoor and alfresco dining featuring a collective of grab and go options and fresh, fast food.

FASHION GALLERY​ a unique fashion experience featuring much loved local NZ brands such as Glassons and Hallensteins along with a range of curated fashion boutiques

ELEVATED FOOD & BEVERAGE​ a design led food and beverage offering with an enhanced dining experience capturing the warmth of southern hospitality

SPECIALITY​ a general merchandise precinct with everyday services and essentials

Together they will provide a vibrant shopping experience that will allow for a diverse range of quality boutique retail and well known national brands. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

In Good Company.

Farmers department store chose the Invercargill Central location for a modern two level 6000 square metre department store as the development provides an unparalleled inner city shopping experience and a new heart for Invercargill.

Much loved kiwi retail icons Glassons and Hallensteins have already chosen to make Invercargill Central their home as have a number of speciality brands.

The development will proudly support and grow local businesses but also values national and international brands. The mix will be carefully curated to target both the fashion conscious customer and those looking for convenience and everday essentials. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Development Timing.

Stage One - April 2022

Farmers department store and approximately 15 retail stores adjacent and through to Esk Street.

Stage Two - October 2022

Farmers department store and approximately 15 retail stores adjacent and through to Esk Street.

Development Timing.

Stage One - April 2022

Farmers department store and approximately 15 retail stores adjacent and through to Esk Street.

Stage Two - October 2022

Farmers department store and approximately 15 retail stores adjacent and through to Esk Street.

 

Location.

 

Floor Plans.

Region Catchment

 

& Vision.

 

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 of Invercargill City in 2017 according to census was 54,800 and by 2021 is estimated to be 56,100.

 

​ ​

The secondary catchment of the Gore District and Southland District provides another 46,700 as at 2018 and projected 48,000 by 2021.

 

​ ​ Average household income ​ of $74,900 - 33% of those are in the $70,000+ category.

​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Retail sales in Invercargill in 2018 totalled $1,192 million and is growing at 2.5% per annum.

 

​ International visitors to Invercargill in the 2018 year totalled 87,500 with international visitor spend of approximately $55 million. COVID has obviously temporarily reduced this but it is expected to resume.

 

 

​ Tourism from within New Zealand provides additional expenditure in Southland of close to $180 million per annum. In contrast to the drop in international tourism, domestic tourism has increased hugely since COVID and anecdotally this figure may now have increased by up to 50%.

 

​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​

Leakage of approximately $83.3 million per annum of retail spend outside the region. Clothing and footwear has leakage of $8.4 million (44% of the spend) and hospitality $23.4 million (31%).

 

Contact.

​ Tim Raateland
Colliers New Zealand Real Estate Management Limited
+64 27 244 9141
tim.raateland@colliers.com

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

Colliers

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