Hastings is humming with activity and nowhere is that more evident than at the CBD’s heritage Municipal Building development, part of the wider Toitoi – Hawke’s Bay Arts & Events Centre cultural precinct.
The Category 1 Historic building has been undergoing extensive earthquake strengthening, alongside a full interior refurbishment. Now, after six years and $23.8 million, the project is nearing completion, with the first round of leases available from early to mid-2022.
Hastings District Council group manager corporate Bruce Allan says expressions of interest for the Municipal Building are being taken now, with a range of unique spaces available for businesses who want to invest in Hastings’ CBD.
Situated adjacent to the historic Toitoi Opera House, beloved by locals and visitors alike, and connected by a new, activated laneway, he said spaces like this do not come up very often.
The leased spaces within the development are designed to make the most of foot traffic and the people the neighbouring sites would bring into the area.
“We’re hoping to find tenants for these spaces who will fit in with our other East block Heretaunga St business owners and operators – which is a community of creators, innovators and trail-blazers in a part of the CBD where high-quality heritage leases don’t come up very often,” Mr Allan says.
Stage two of the Municipal Building development will include up to five further tenancies, ideal for boutique or outside-the-box retail offerings.
Hastings is currently undergoing a renaissance, with millions of dollars of investment happening across the city, through both council and private developers, resulting in a feeling of ‘underground cool’, similar to Grey Lynn in the 1990s.
To find out more go to www.hastingsdc.govt.nz/hastings/projects/municipal-building/
30 March 2021
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