Supporting Christchurch

October 29th, 2012 at 1:00 pm by David Farrar

The Press reports:

Three of ’s wealthiest and most influential business families have joined forces to have a leading role in shaping the new inner city shopping precinct.

Yesterday, Ballantynes, Philip Carter and Peter Guthrey showed a small part of their hand announcing they had formed the BCG Alliance, a formidable retailing and investor group proposing predominantly a retail and commercial office development over 25,000 square metres.

That is about 43 per cent of the total retail precinct footprint set out in the Christchurch Central Development Unit’s blueprint.

A great welcome initiative.

“Here are three Christchurch families who are really wanting to show leadership for the city, want to ensure an end result that is stunning, but to do that we totally believe collaboration is the key amongst it all,” Ballantynes managing director Mary Devine said.

“So we don’t want to be big brother coming in and saying this is what we are all about, but we do want to create a vision that is exciting.” …

“It’s not about individual gain, it’s about an end product that everyone will be proud of.”

The same people were behind getting Container Mall going as a temporary retail space, almost donating land to retailers to help get the CBD going again. There’s still some big challenges ahead for Christchurch, but the fact that they are proposing such ambitious plans for investment is a good thing.

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8 Responses to “Supporting Christchurch”

  1. MarkF (102 comments) says:

    Great Idea but unfortunately the bureaucrats haven’t got involved yet. Don’t hold your breath.

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  2. RRM (9,924 comments) says:

    It’s very good to see someone talking about putting their own money in and building something new.

    I note they say they own most of the land they are talking about developing… I wonder, if they had been as proactive about re-developing the same area (say) ten years ago, would there have been as many shitty old brick shops falling down in the Chch central city in the February 2011 earthquake?

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  3. DJP6-25 (1,387 comments) says:

    Let’s hope they’re not hampered by red tape and bureaucracy.

    cheers

    David Prosser

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  4. BigFish (132 comments) says:

    Nice to see some action here.
    Hoping the cbd becomes a more interesting place than it was.
    Hoping too that the big parks surrounding it don’t put people off going into the CBD from the suburbs – they could end up being a bit of a moat.

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  5. David in Chch (519 comments) says:

    Gee, I wonder if that proposed development includes the land of which I am part owner, that the government has declared to be a keystone parcel of dirt, and for which they will pay us “post-quake market values” – i.e. SFA. It used to have a nice heritage building on it … sigh. Between the insurance companies and the government, I like many other of the central city property owners will end up seriously out of pocket. I won’t be buying again – can’t afford to do so.

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  6. joana (1,983 comments) says:

    Many of the old rundown shops which collapsed in CHCH were Chinese owned.

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  7. mpledger (425 comments) says:

    I hope this development is not a great big shed with outside walls that are giant billboards for advertising and grafittee artists.

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  8. mavxp (483 comments) says:

    gee some of you people…

    Joana – that is just dirty racism. Please back it up with evidence that being Chinese predisposes you to own old red-brick heritage buildings, and your implication that they invest less in maintenance and less inclined to retrofit than White owners of said red-brick buildings.

    mpledger – why would these investors create something no-one wants to go and shop at? Their recent efforts created the container-mall – which by all accounts has been a success and an important morale boost for the city. Maybe – just maybe, these people are from Christchurch and give a damn about what it will look like, and attractive to tourists and residents alike. Even a skeptic would take a wait-and-see approach, not assume bad from the outset – that is cynicism.

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