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Hamilton City CBD Facts

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Hamilton City CBD Facts HAMILTON’S CBD The Waikato and Hamilton’s premier business, entertainment and shopping precinct – the CBD is home to 1200 business and property owners. Hamilton CBD is around 12 city blocks from north to south and four blocks east to west in the heart of the city. The CBD is also bordered by the world-renowed Seddon Park cricket ground, the premier rugby, league and football ground of Waikato Stadium, Waikato Institute of Technology’s (Wintec) central campus and the Waikato River. COMPETITIVE LOCATION GEOGRAPHIC LOCATION TO OTHER MAJOR CITIES Hamilton is strategically situated between the two main sea ports of Auckland and Tauranga and is just over an hour away from New Zealand’s main international airport. The city is serviced with a railway station just a few minutes from the CBD and a modern international standard airport 15 minutes south. Coromandel Auckland Whitianga 127 km, 1hr 40 min dri CBD AMENITIES Thames v • Diverse hospitality and vibrant night scene e • Free WIFI throughout the CBD • Established trees and green spaces • River walks Morinsville ve 105 km, 1hr 30 min dri • Public squares including: Garden Place, Civic Square Tauranga and PWC Plaza Raglan Hamilton Cambridge • Ample on and off street parking with electronic 105 km, 1hr 30 min dri Te Awamutu parking systems ve • Wide footpaths and street art Rotorua • Flat easy access with everything a short walk away Approximate journey times from Hamilton City Centre 155 km, 2 hr dri • Shared spaces to make the CBD a family and business N v friendly environment; eg café dining /pedestrians and e vehicle/pedestrian shared spaces • Pedestrian “wayfinding” signs throughout the CBD and fringes Taupo • Free inner city bus shuttle and bus interchange centre • Strong arts and culture make up with the Waikato Museum, Arts Post and theatres • Central library • High quality shopping - from malls to boutiques CBD ART AND CULTURE The CBD is the heart of the art’s precinct. Hamilton’s vibrant artistic QUALITY ACCOMMODATION community has a long tradition encompassing and embracing the performing, visual and fine arts, and various crafts. It has many well The CBD has a range of living options which includes gracious older established amateur and semi-professional arts organisations with homes alongside modern townhouses and apartments. Visitors are Creative Waikato supporting the development of the creative arts in well catered for in the eight inner city hotels/short-term apartments, the Waikato. Hamilton has various public art facilities, which are the including international standard hotels and a variety of motels on Founders, Meteor and Clarence Street Theatres, and the Waikato Art the CBD fringes. Museum; all ensure that ‘arts and culture’ are part of our everyday experience. The Arts Agenda aims to raise the profile and development There are 529 cbd hotel rooms 75% of which are rated 4 star of Hamilton’s identity through the development of more public art in or greater. the city. HAMILTON CENTRAL BUSINESS DISTRICT PG. 2 CBD OFFICE ACCOMMODATION There’s approximately 250,000 sq m of office accommodation with a vacancy rate of around 8.6%. Add to that another 15,157 sq m that is currently being built and a further 8,340 sq m planned for construction in the near future. A new six - eight storey office block is also being considered for the CBD as well as other smaller office accommodation blocks currently planned and under construction. Grades of building stock in the CBD – A & B - 17%, C - 40% 3% 1% 4% 26% Professional, scientific and technical services 4% 26% 17% Public administration and safety 4% 13% Health care and social assistance 11% Financial and insurance services 8% 9% Vacant DISTRIBUTION OF CBD OFFICE SPACE BY 8% Other remaining categories BUSINESS SECTOR 4% Education and training 9% 4% Information media and telecommunication services 4% Rental, hiring and real estate 17% 1% Accommodation and food services 11% 3% Administration and supportive services 13% PROFESSIONAL & SOCIAL PRECINCTS Waikato A CBD BEING RESHAPED CBD Stadium ENTRY Free Shuttle Bus The CBD has quality companies and smart thinkers underpinning its success. Companies like Beca, CBD Craigs Investment Partners, Deloittes, KPMG, Price ENTRY Waterhouse Coopers, Tompkins Wake and Fonterra are active in the CBD. Tertiary education is represented with Waikato’s Founders largest tertiary Polytechnic – with 20,000 Wintec Theatre students in the heart of the CBD. Hamilton City Council, with approximately 400 centrally located staff they are also a large component of Seddon Hamilton’s CBD. Seddon Fashion Park 10 m Claudelands Transport in w Quality accommodation is a strong feature of the a lk Transport Professional CBD, with Kingsgate Hotel to the north and the Centre Services Tauinui owned Novotel and Ibis in the heart of the CBD. CBD ENTRY CBD The Waikato Chamber of Commerce and the ENTRY Retail V i c Hamilton Central Business Association are key to our t o r i a S CBD’s success. The Chamber of Commerce is driven t r e e to be an advocate for the city, it enters into business t promotion and supports events. The Hamilton Central Business Association is a staunch promoter Free WiFi of the CBD and its core is to promote and project the CBD as the place to be seen and for people Hospitaltity to undertake and engage in their business and Medical Arts & retailing needs. Culture Sky City casino is also a key investor and supporter of the CBD as well as Kiwi Income Properties, which has recently invested $40 million into the redevelopment of the Centre Place Mall. CBD N ENTRY CBD ENTRY HAMILTON CENTRAL BUSINESS DISTRICT PG. 3 HAMILTON BY NUMBERS 4th 150,000 Hamilton is New Zealand’s Hamilton has a population of about fourth largest city 150,000 people 145 25,800 63 Hamilton has 145 substantial Hamilton has a proud history of sporting success. Hamilton has 63 sporting areas parks and gardens There are phenomenal sporting venues in Hamilton, including the 25,800 person capacity Waikato Stadium HAMILTON’S YOUTHFUL POPULATION 48% 9.2% 26.4% 48% of the population is under 30 years Only 9.2% over 65 years. 15-30 year age group = 26.4% in of age. National average is 42% National average is 12.3% Hamilton. National average is 20.2% 2500 40,000 20,000 Hamilton’s population is increasing by There are 40,000 tertiary students Wintec (Waikato polytechnic) is in the about 2500 per year in Hamilton heart of the CBD and has 20,000 students CBD RETAIL PRECINCT 510 $775 4,850 Approximately 510 retail businesses Retail sales are around $755 million a year Hamilton has 4,850 parking spaces trading from 179,000 sqm 50% 28% 50% Accounts for 50% of Hamilton’s overall By far the largest employment zone Combined with nearby Frankton retail spend and about half of all in Hamilton with 15,200+ employees, and Hospital zone, about 50% of the shoppers are from outside of Hamilton equalling 28% of Hamilton’s workforce city’s employment is within very close proximity of the CBD HAMILTON CENTRAL BUSINESS DISTRICT PG. 4 CBD VALUE DOMESTIC ACCOMMODATION STATS These prices are for inner city Rental 1br Rental 2br For sale 3br + Accommodation CBD Bathrooms Apartment Apartment 2 bathrooms Apartment HAMILTON CBD’S VALUE PROPOSITION $200- $300 per week $320-$480 per week $410k-$700k HAMILTON Rates: $1,400-$2,700 (approx) • Competitive location $375 - $700 per week $450 - $1000+ per week $415k - $3M+ AUCKLAND Rates: $1,400-$2,700 (approx) • Professional offices and $360 - $530 per week $410 - $1000+ per week $415k - $3M+ companies WELLINGTON Rates: $1,400-$2,700 (approx) • 20,000 Wintec students • Easy access to the CBD PARKING PRICES • Skilled workers Car parking prices per day in Hamilton compared to Auckland • River walks/parks CBD Parking Prices Airport Prices • Flat typography $8 a day Daily $20 • Excellent cafes/bars HAMILTON CBD $40 a week HAMILTON Monthly Parking $95 (Maximum) • Great transport network $1,920 a year Taxi Fare CBD to Airport $45 • Vibrant art scene $16 a day Daily $39 AUCKLAND CBD $80 a week AUCKLAND Monthly Parking $423 • Free WIFI $3,840 year Taxi Fare CBD to Airport $80 • Ultrafast broadband *Note there are carparks in the CBD for $6.00 a day • Ample affordable parking HAMILTON DAYCARE FEES COMPARED (Note does not include Government subsidies) Daycare Fees (Approx $) Infants Toddlers – 5yrs Half day: $37 Half day: $36 Day: $62 Day: $60 HAMILTON CBD Weekly: $240 Weekly: $235 $10,560 per annum (44 wks) $10,340 per annum (44 wks) Half day: $50 Half day: $39 Day: $85 Day: $78 AUCKLAND CBD Weekly: $425 Weekly: $390 $18,700 per annum (44 wks) $16,700 per annum (44 wks) SAVINGS PER ANNUM BY LOCATING IN HAMILTON $8,140 $6,360 CBD OFFICE AND RETAIL DISTANCES Rental and sale prices: These distances show Hamilton’s central location as New Zealand’s premier logistics hub CBD Office 100-200sqm CBD Retail 100-200sqm Hamilton CBD to HAMILTON HAMILTON Time to Travel HAMILTON AIRPORT 15 kms 20m Lease $18k - $55k Lease $18k - $40k For Sale $300k – $550k For Sale $220k - $420k AUCKLAND AIRPORT 117 kms 1 hr 20m AUCKLAND AUCKLAND AUCKLAND CBD AND PORT 127 kms 1hr 34m Lease $26k - $98k Lease $60k - $129k TAURANGA PORT 110kms 1hr 30m For sale $340k - $600k For sale $426k - $660k NEW PLYMOUTH 240kms 2 hrs 55m For latest prices please check the websites of Hamilton’s leading Commercial Property Agents. WEATHER Temperature Sunshine Hours Wind Speed 23.9 January 229 January 10 km/h January HAMILTON 6.5 June 112 June 8 km/h June 23.1 January 228 January 12 km/ January AUCKLAND 8.1 June 110 June 12 km/h June 20.3 January 246 January 28 km/h January WELLINGTON 7.2 June 99 June 29 km/h June www.hamilton.govt.nz | www.hamiltoncentral.co.nz | www.waikatochamber.co.nz.
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