Westpac plans $million investment in Tauranga

Westpac plans $million investment in Tauranga

Westpac New Zealand is investing at least $1million into a new development to create a super branch on Cameron Road and establish a Help Station in the CBD within the next 18 months.

Westpac will be the anchor tenant at the 575 Cameron Road site which is due for completion in June 2015. The new building will be called the Westpac Centre and will be home to Westpac’s retail and business banking teams.

In addition to this, Westpac will be opening a new Help Station in the CBD next year, bringing 24/7 capabilityand other benefits to the retail heart of the city.

Westpac Regional Business Manager, Steve Atkinson, says the planned investment reflects Westpac’s recognition of the evolving shape of Tauranga’s business district.

“Cameron Road has become a significant hub for our business customers so it made sense to look for a development site in that area. We expect it will be a stunning space for both our staff and customers with ample parking for 24/7 banking,” Mr Atkinson said.

The new Help Station will be on Devonport Road and, like the Cameron Road site, will provide a new 24/7 experience for customers.

“Customers expect to be able to do their banking when it suits them. Having both a 24/7 service in the CBD and on Cameron Road will meet those needs,” he said.

Yuh Shan Holdings a Tauranga-owned property investment company collaborated with Veros Property Partners, Westpac and FDA architecture to design the proposed new building.

Recognised as one of the best positioned sites in the Cameron Rd 11th Ave precinct, the development has great profile to Cameron Rd and is expected to attract further top quality tenants to locate beside Westpac.

ENDS

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