The ‘rejuvenation’ of Hamilton city

Rejuvenation of Hamilton’s office space has been the impetus for new retail operations to be established in the city centre, along with attracting residential development, says a new Bayleys Research report.

“Hamilton City Council’s push to reconnect the CBD with the Waikato River looks to be gaining traction, with a number of recent office and retail developments re-orientated towards the river – the largest being the Victoria on the River [VOTR] complex by Matt Stark,” says Bayley’s researcher Goran Ujdur.

The changing face and tenancy structure of Hamilton’s CBD is gathering momentum as older commercial buildings are ‘morphed’ into new entities, and new tenancies move into the precinct, he says.

“As well as providing a much-needed refreshing of the CBD, the steady stream of office refurbishments and development activity is spurring a new wave of retailers to the CBD – including names like Lululemon and Ruby – many encouragingly, orientated towards the Waikato River.