Archive | Smales Farm

5 commercial leases on Shore and at Silverdale

Bayleys agents on the North Shore have signed 2 leases in the Wairau Valley and 3 others in Rosedale, Silverdale & Takapuna.

Leases

North-east

Rosedale

4 Antares Place, unit F1:
Features: 113m² office, 3 parking spaces
Rent: leased in May for $33,065/year net + gst, parking $20/space/week, net excluding parking $29,945/year, premises rental $265/m²
Agents: Ryan Dannhauser & Eddie Zhong

Silverdale

162 Foundry Rd:
Features: 572m² industrial property, 6 parking spaces
Rent: leased in May for $80,000/year net + gst, premises rental $139.86/m² (no separate parking charge)
Agents: Rosemary Wakeman

Takapuna

Smales Farm, 68-76 Taharoto Rd, B:Hive, level 1, suite 110B:
Features: 27m² office, no parking
Rent: leased in May for $29,901/year net + gst, premises rental $1107/m²
Agents: Jane Sims

Wairau Valley

12 Ashfield Rd, unit A:
Features: 470m² industrial unit – warehouse 430m², office 40m², 9 parking spaces
Rent: leased in May for $52,000/year net + gst, premises rental $111/m² (no separate parking charge)
Agents: Trevor Duffin & Chris White

56 Diana Drive, unit D:
Features: 460m² industrial unit – warehouse 310m², office 150m², 3 parking spaces
Rent: leased in May for $58,000/year net + gst, premises rental $126/m² (no separate parking charge)
Agent: Trevor Duffin

Attribution: Company release.

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7 leases around Shore

Bayleys agents on the North Shore have completed 7 lease transactions in Albany, Browns Bay, Rosedale, Takapuna & the Wairau Valley. They were also involved in 5 sales at Bayleys’ Total Property auction on Wednesday (reported separately, link below).

Leases:

North-east

Albany

28 Corinthian Drive:
Features: 256m² retail, 10 parking spaces
Rent: leased in May for $135,960, parking $35/space/week, net excluding parking $117,760/year, premises rental $460/m²
Agents: Alex Strever, Eddie Zhong & Dean Gilbert-Smith

3 William Laurie Place, level 1:
Features: 378.05m² office, 11 parking spaces
Rent: leased in May for $111,672.50/year et + gst, parking $$30/space/week, net excluding parking $94,512.50/year, premises rental $250/m²
Agents: Dean Gilbert-Smith/Jane Sims & Ryan Dannhauser

Browns Bay

76 Clyde Rd:
Features: 89.1m² retail
Rent: leased in April for $34,000/year net + gst, premises rental $382/m²
Agent: Steven Liu

Rosedale

9 Beatrice Tinsley Crescent, unit A:
Features: 408m² industrial unit – warehouse 266m², showroom 64m², office 78m², 7 parking spaces (not separately charged for)
Rent: leased in May for $66,000/year net + gst, premises rental $162/m²
Agents: Laurie Burt, Ranjan Unka & Ashton Geissler

Takapuna

433 Lake Rd, level 3:
Features: 48.4m² office, parking space
Rent: leased in May for $12,468/year net + gst, parking $35/space/week, net excluding parking $10,648/year, premises rental $220/m²
Agents: Jane Sims & Chris White

Smales Farm, B-Hive, level 1, suite 114B:
Features: 27m² office, no parking
Rent: leased in May for $32,560/year net, premises rental $1206/m²
Agents: Dean Gilbert-Smith

Wairau Valley

18 Link Drive, unit 15:
Features: 498m² industrial unit – warehouse 434m², other area 64m², 13 parking spaces (not separately charged for)
Rent: leased in April for $100,000/year net + gst, premises rental $201/m²
Agents: Steven Liu, Trevor Duffin, Alex Strever & Eddie Zhong

Related story: Updated: Wairau Valley car yard sells at over $2000/m² at Bayleys auction

Attribution: Agency release.

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65,000m² development the start of new phase for Smales Farm

Smales Farm announced plans yesterday to develop 160,000m² of office space & hospitality zones at its Takapuna property over the next 20 years. The Smale family-owned business expects investment in future development to reach $1 billion as the site evolves into “a thriving & diverse urban community and home for future business”.

The vision for the property, with its landmark Vodafone building at the corner of Northcote & Taharoto Rds, is to create an innovative, sustainable & interactive precinct that fosters business & community growth. Construction will be triggered by demand.

Smales Farm director Greg Smale said: “This vision incorporates the latest global thinking around workplace & urban design and will create a world-class space that sets Smales Farm apart. The emphasis will be on the principles of walkability & placemaking – where spaces are designed to put people, not cars or buildings, first.

“The plan responds directly to some of the recommendations in Auckland’s proposed unitary plan and will be an area of high quality urban design that also allows for efficient use of business land. Flexible & affordable premium offices, green spaces & bustling hospitality zones will be brought together to see Smales Farm become a destination for working, wellbeing & community events in Auckland.”

Groundwork has started on the initial stage, a 65,000m² innovation & lifestyle precinct. Vodafone’s recently announced plans to revamp its existing building to create a workplace of the future – a fully enabled smart building for its entire Auckland-based team – will form part of this precinct, which will be complemented by business & hospitality zones.

The Business Hive

Floorplan of the B-Hive.

Floorplan of the B-Hive.

A new 11,000m² office space – the Business Hive, or B:HIVE – will sit at the heart of the precinct, offering premium, flexible & affordable workspaces to businesses of all sizes. It will have 5 floors & capacity to house up to 1000 people.

“We believe the B:HIVE will be the most innovative & future-focused building in New Zealand and a game-changer in terms of the facilities & flexible working options it offers businesses. It will bring together a community of smart businesses under one roof and at one geographical location, creating an eco-system that fosters innovation & growth.

“Designed by Australian architects BVN and local firm Jasmax Ltd, the B:HIVE will have a strong focus on wellbeing. The natural environment will be seamlessly integrated within the modern workspace, and the concept of bringing the outdoors inside has been incorporated throughout the design process – natural light will be maximised and the latest mix-mode air-conditioning will circulate fresh air throughout the building.

“Employee wellbeing has been factored into every aspect of the planning. As the nature of business and the way we work continue to change – driven by constant advances in technology – so too do the requirements for a work environment. Flexibility, collaboration, vibrancy & lifestyle are now the key considerations and the B:HIVE delivers on all of these.”

Mr Smale said this “people-first” thinking would be further complemented by the wider precinct development, which will feature open green spaces for outdoor recreational activities intended to enhance community interaction.

Within the B:HIVE itself, flexible partitioning systems will mean working environments will be able to evolve with a business, bringing a new proposition to the New Zealand market.

The new hospitality area, conceptualised by Izzard Design, will feature a leafy laneway of boutique eateries & casual meeting spaces to draw business & wider community together.

This initial stage of development is expected to attract an additional 1500 people onsite and is due for completion in mid-2017.

Mr Smale said Smales Farm was working closely with Ateed (Auckland Tourism, Events & Economic Development), Massey University & Auckland Council to ensure its long-term plan supports Auckland’s wider economic development strategy & the Grow North initiative.

“These plans recognise the need for Auckland to find new ways of working outside the city centre to deliver enhanced benefits for employees and ease congestion issues, and directly responds to a number of the recommendations that were presented in Auckland’s unitary plan around better use of business land & need for quality urban design.”

It is currently home to 25 businesses, including community services such as an A&E Centre, pharmacy & banking facilities. 2500 people work at the property.

Link: Website & B-Hive video

Earlier story:
15 January 2016: $200 million spend to make a Vodafone-branded innovation precinct at Smales Farm

Attribution: Company release.

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$200 million spend to make a Vodafone-branded innovation precinct at Smales Farm

Vodafone NZ Ltd will take its whole Auckland corporate workforce into one building at Smales Farm and join the Smale family in creating a $200 million innovation precinct at the Takapuna office park.

The company & family signed their development & redevelopment agreements on Christmas Eve, and Vodafone told staff yesterday. The company had already announced on 23 December that it wouldn’t be renewing the lease on its Fanshawe St building when it expires in April 2017.

Vodafone’s lease on its Smales Farm building was also coming up for expiry in 2017, and the company evaluated over 30 options before settling on the North Shore development. The refurbishment alone will cost $44 million.

The intention is to create “a fully enabled smart building at the heart of a world-leading innovative, sustainable & interactive precinct designed to foster business & community”.

Vodafone chief executive Russell Stanners said: “This is an exciting opportunity to create our vision for the future – an iconic Vodafone community and a working environment that is truly digitally enabled – for our people & our customers.

“We set the bar in 2005 with the office at the Viaduct. We are poised to move that bar significantly higher with the design & technology behind our new Auckland home at Smales Farm in 2017.

“Vodafone’s Auckland team of 1800 people are currently spread across 4 locations, including Smales Farm & the Viaduct. This development enables us to bring our large & diverse workforce together under one roof and create a Vodafone-branded innovation precinct that will be the first of its kind in New Zealand.

“Over the next 18 months the existing Vodafone building at Smales Farm will be completely refurbished – inside & out – in order to create a unique, world-class workplace, offering employees the most technologically advanced environment to work, collaborate & enjoy.

“Within the building, we will have a variety of work environments: open plan, collaboration, libraries & private spaces, dedicated project spaces, and large communal spaces to bring people together.

“Everything in the building will be enabled by the smartphone, wireless enabled, voice & video aware and also incorporate virtual reality.

“This is about more than just the building. It’s about what we can do with our technology & our working practices to lead the rest of New Zealand and show them the future.”

Smales Farm general manager Daniel Henderson said the family business would develop “a bustling new hospitality zone with working greenhouses & a leafy laneway of boutique eateries where people can meet & eat”, alongside the Vodafone building.

He said this hospitality area had been conceptualised by Cheshire Architects – the group behind Britomart & the City Works Depot.

“The move reinforces the strength of our vision to transform Smales Farm into a thriving & diverse urban community – a home for future business in New Zealand. The area has been designed as a highly socialised space, and will see Smales Farm continue to evolve as a leading destination for working, lifestyle & community events in Auckland.”

Over one third of the existing 10.8ha Smales Farm footprint will be dedicated to the Vodafone-branded innovation precinct, modelled on similar urban communities internationally and intended to be a hub for large & small businesses, all powered by Vodafone.

The 6-floor 18,000m² Vodafone building at Smales Farm – with a huge central atrium and bridges linking its 2 arms – was originally built for Clear Communications NZ Ltd when it opened in 1991. Clear became part of TelstraClear Ltd a decade later, and Vodafone acquired TelstraClear in 2012.

Vodafone plans to “bring a touch of New York’s Times Square to Auckland” with one of the country’s largest digital billboards – 14.3m by 14m – on the building’s façade at the intersection of Northcote & Taharoto Rds.

Links: Smales Farm
Cheshire Architects

Attribution: Joint release.

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Smales take development-friendlier plan change to hearing

Published 1 September 2010

The Smale family’s application to the North Shore City Council for a private plan change – “to facilitate the ongoing development of Smales Farm in an efficient & effective manner while providing a greater degree of certainty” – went to a hearing without opposition yesterday.

 

Submissions had been made on the proposal (plan change 35), mostly concerned with traffic & transport, but nobody tuned up to argue them further.

 

Counsel for the Smales, Douglas Allan, said the intention was to remove uncertainty & excessive planning requirements that were holding back development. In the 18 years since the Smales began development, only 25% of the property’s potential 162,000m² of floorspace had been built.

Limited discretionary consent is required under the site’s present business park 7A rules for any activity generating vehicle turnover exceeding 100/day. That equated to 2000m² of floorspace in office terms.

High traffic-generating activities include cafés, restaurants, medical centres & retailing, but fuel retailing remains excluded. The Smales want the limited discretionary requirement removed for premises of less than 1000m², up to the point where the total business park floor area reaches 105,000m², which is anticipated to be in 2017.

The present parking standards set minimum spaces required for each development, but the Smales want maximums, which they say would encourage greater use of public transport. The maximum at 105,000m² would be 1:31.8m² gross floor area, and beyond that amount of development the maximum would shift out to 1:45m². At 105,000m², that would allow parking for 3830 cars, with a maximum for full development of 5094 parking spaces.

Mr Allan told the commissioners there needed to be a balance. The NZ Transport Agency wanted parking constrained, but a group of nearby residents wanted more liberal parking provision to minimize on-street parking.

 

Earlier stories:

17 February 2010: Council approves Smales Farm plan change for notification

15 February 2010: Private plan change intended to improve development efficiency at Smales Farm

 

Want to comment? Go to the forum.

 

Attribution: Hearing, story written by Bob Dey for the Bob Dey Property Report.

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Council approves Smales Farm plan change for notification

Published 17 February 2010

North Shore City Council accepted a request by Smales Farm’s owners yesterday to notify a private plan change intended to ease the path to further development.

 

Smale family company Northcote Rd 1 Holdings Ltd sought the plan change to facilitate development and to provide prospective tenants with a greater degree of certainty.

 

Key features of the proposed changes are:

 

a limited discretionary resource consent will no longer be needed for uses which generate high traffic turnovermaximum parking provisions will be set, in place of the present minimums, andthe front yard provision along the southern side of Shakespeare Rd Extension will be reduced from 5m to zero, provided there’s a 4.5m-wide footpath between the road & any building.

 

Smales Farm, a 12.5ha technology office park beside the Northern Motorway at Northcote and fronting Taharoto & Northcote Rds, has been developed progressively since the TelstraClear building was opened in 1999. It now has gross floor area of 45,000m².

 

Limited discretionary consent is required under the site’s present business park 7A rules for any activity generating vehicle turnover exceeding 100/day. Council senior planner Julie Francombe said in her report to yesterday’s strategy & finance committee meeting that equated to 2000m² of floorspace in office terms.

 

High traffic-generating activities include cafés, restaurants, medical centres & retailing, but fuel retailing remains excluded. The Smales want the limited discretionary requirement removed for premises of less than 1000m², up to the point where the total business park floor area reaches 105,000m², which is anticipated to be in 2017.

 

The Smales said the requirement to apply for limited discretionary consent created uncertainty and made leasing new development harder.

 

The present parking standards set minimum spaces required for each development, but the Smales want maximums, which they say would encourage greater use of public transport. The maximum at 105,000m² would be 1:31.8m² gross floor area, and beyond that amount of development the maximum would shift out to 1:45.1m². At 105,000m², that would allow parking for 3830 cars, with a maximum for full development of 5094 parking spaces.

 

Provision would also be made for control flexibility, providing for more parking for a given floor area to a maximum of 10% above the allowance in the rules.

 

Along the Shakespeare Rd Extension, the Smales said the ability to build up to the boundary on this new road would take account of the changed character it had brought to that part of the site.

 

Want to comment? Go to the forum.

 

Attribution: Council committee agenda & decision, story written by Bob Dey for the Bob Dey Property Report.

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Private plan change intended to improve development efficiency at Smales Farm

Published 15 February 2010

The Smale family has applied to the North Shore City Council for a private plan change “to facilitate the ongoing development of Smales Farm in an efficient & effective manner while providing a greater degree of certainty”.

 

The request for a plan change, by Smale family company Northcote Rd 1 Holdings Ltd, will go to the council’s strategy & finance committee tomorrow.

 

Among changes proposed for the Smales Farm Technology Office Park, the activity status & parking requirements applying to development and the frontyard building setback from the Shakespeare Rd Extension would be affected. Additional objectives & policies applying specifically to Smales Farm are also proposed.

 

Council senior planner Julie Francombe has recommended the plan change be accepted as a private plan change for limited notification.

 

Want to comment? Go to the forum.

 

Attribution: Council committee agenda, story written by Bob Dey for the Bob Dey Property Report.

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Tranz Rail opens Smales Farm HQ

Arrow completes job in 51 weeks

Tranz Rail Ltd officially opened its new corporate headquarters at Smales Farm, Takapuna, last Friday.

Like the $50 million twin Clear Centre buildings, the first development at Smales Farm, Tranz Rail’s $11.6 million, 6-level headquarters were project- & construction-managed by Arrow International.

The Tranz Rail requirement to fast-track the project meant both the base building & the fitout contract had to be completed in a timeframe pegged back from 66 to 51 weeks.

Arrow International project director Chris Hale said the Tranz Rail building set new standards in technology. “The integrated building management system (BMS) controls security, electrical & mechanical services and interfaces with fire alarm systems. Unlike most BMS control systems which involve different building services interfacing with one another, the Tranz Rail system provides a single integrated control system,” he said.

The BMS responds to individual cards which are programmed to the requirements of each user. On each floor there are about 21 individual zones which respond to different airconditioning and light-level settings. Lighting is automatically controlled in relation to available levels of natural light, but response levels can be adjusted to suit individual needs by keying in a user code to the telephone key pad, thus creating substantial energy savings.

Arrow International is New Zealand’s largest project & construction management company. It has an annual turnover of $100 million and employs 150 people.

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Third Smales Farm building launched

Third Smales Farm building launched

Family looks for high-tech firms with growth plans

The Smale family is aiming at smaller tenants for the third building in its 12.5ha Smales Farm technology office park on the North Shore.

A South African leisure company, Healthland, was to have been a large anchor tenant of the third building in a venture that fell through because of its financial difficulties back home. In that deal, the South African company planned a new benchmark for gymnasiums.

Now, the proposed 8500m² third building is to have a 2-storey gym with swimming pool, creche & restaurant, and office spaces ranging from 250-2500m².

Warren Mahoney Architects have designed the new building to complement the architecture of the first 2, the Telstra-Clear Centre and TranzRail building. Naming rights for the new building are available.

Family company director Greg Smale said the smaller office spaces would interest tenants wanting high-quality high-tech space, and had growth plans.

“It is not our wish to lock smaller tenants in to traditional fixed-cost, fixed-space leases. We realise these companies may not have a clear idea what their space requirements will be in a couple of years’ time, and we are prepared to be very flexible,” he said.

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