Set up shop in new Hamilton landmark
Chic eateries and cafes, wellness providers, gyms and hair and beauty salons are among businesses being wooed to set up shop in Hamilton’s landmark CBD commercial development.
With five architecturally designed buildings containing 23,000sq m of offices, along with prime retail space and areas dedicated to community wellness, Union Square will be one of the country’s leading city-centre business precincts.
The complex taking shape at the corner of Anglesea and Hood streets has already secured AA Insurance and Rabobank, which moved its head office from Wellington to the hub’s first completed building late last year.
Expressions of interest are now being invited for 16 retail tenancies at Union Square, through Rebecca Bruce and Chris Beasleigh of Bayleys Real Estate.
Bruce said the premises for lease were in configurations from around
50sq m to over 200sq m. Tenancies will become available for occupation upon building completions from early 2023 to
2025, with lease terms by negotiation.
The development is seeking operators offering products or services that will enhance the lives and wellbeing of workers in the precinct.
“The stage is set for a variety of high-quality offerings spanning the likes of food and beverage, graband-go outlets, boutique retailers and wellness providers.
“Opportunities include a 90sq m tenancy available from March 2023 which would be an ideal base for a professional barber, beauty or hair salon.
“Another 132sq m space due for completion in 2024 is well suited to the likes of a yoga or pilates studio, or a gym.”
Beasleigh said retail tenants would also reap the benefits of having more than 2500 people working in the offices above, once the development was complete.
“This concentrated commercial catchment will be the new epicentre of Hamilton’s CBD. A vibrant mix of retail tenants will add to Union Square’s status as a focal point attracting people from across the central city and wider Hamilton,” he said.
The site will be supported with 350 dedicated carparks and easy access to Hamilton’s central transport hub.
Beasleigh said Rabobank’s move to the Union Square hub demonstrated the national stature of the development as well as Hamilton’s growing commercial pulling power.