Tenants secured for CBD

pwc2Major office tenants’ plans for a new six-storey building are being hailed as a ‘‘significant investment’’ in the central city.

Accountancy firm PwC and legal firm Chapman Tripp have signed as anchor tenants for the new building on Cashel St near the Bridge of Remembrance.

Construction is scheduled to begin in the next three months, with completion planned for mid 2016.

The office, designed by architects Warren and Mahoney, will meet 130 per cent of the building code and have a distinctive glass facade patterned with tree shapes.

PwC regional managing partner Maurice Noone said he wanted the company to play a part in the Christchurch rebuild.

‘‘We have been looking in the city for two years, just keeping an eye on things. This development struck us as being in the right location and the right quality.

‘‘It is important the city has a business area that is vibrant and occupied by the leading professions in Canterbury. We are one of those and want to play our part in the regeneration of the city centre.’’

PwC had about 100 people in the city centre before the Canterbury earthquakes and would have about 130 people in the new 1500 squaremetre office.

Noone said the city centre would be in better shape by the time the building was completed in 2016. ‘‘The timing will be great. The Avon River precinct will have been completed and a lot of the issues about roading and parking will have been resolved.’’

Canterbury Employers’ Chamber of Commerce chief executive Peter Townsend said the new building was a sign that the rebuild was starting to accelerate.

‘‘This is a significant investment in the city centre. We are at the turning point.’’

Legal firm Chapman Tripp will also move into the building.The move comes just weeks after Vodafone announced plans to build a new office in the city centre, with more announcements expected in the next few months.


  • The Press
  • Charlie Gates

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