Auckland, 21 October 2014 - One of the most talked-about office developments over recent years, the premium Cider building at 4 Williamson Avenue in Ponsonby, is now available for lease, offering some of the largest office floor plates in the market.
Marketed by sole agents Lorne Somerville and David Campbell of CBRE on behalf of Progressive Enterprises Limited, the building offers 7,450sqm of space for lease across three office levels, plus 288 car parks.
Lorne Somerville says that the Cider building is a high tech, architecturally iconic and instantly recognisable landmark that will be a great place for business.
“It is a premium, multi-faceted office building in the heart of Ponsonby. Without question, the Cider building represents the very best of new office buildings to be developed in Auckland for some time.
“The size, variety and flexibility of spaces available mean that the building will appeal to a wide variety of companies, all aligned around wanting to occupy high quality new space in Ponsonby, close to the CBD and motorways.
“We are already in discussions with multiple tenants about leasing space in the building and we anticipate that it will be fully leased prior to practical completion. Tenants with expiries in 2016 should call us if they wish to find out more information.”
In September 2011, Progressive Enterprises purchased the 13,609sqm site located between Pollen Street, Crummer Road and Williamson Avenue. In October 2014 construction work started on site, with an estimated completion date of the second quarter of 2016.
Designed by John Sofo and Graeme Scott of ASC Architects, the Cider building will consist of three levels of office space above a 4,360sqm Countdown supermarket. It will also feature five car parking floors below ground level, plus 950sqm of speciality retail space along the street edges and a cafe.
David Campbell says that the building offers large, generous floor plates, exceptional views, substantial car parking and a premium location.
“Next to the amenity of Ponsonby Road, the Cider building is an exciting opportunity for any office occupant. Level seven offers 2,492sqm, level eight 2,494sqm and level nine 2,463.6sqm, each offering a stud height floor to floor of 4 metres, with an internal stud height to ceiling grid of 2.75 metres.
“The building offers some of the largest floor plates in the market. Each floor has been designed to maximise light and views using clever L-shaped floors and floor-to-ceiling glazing. Columns have been minimised to ensure unimpeded office layouts. This is a building of exceptional quality.
“Each floor has a natural split around the middle of the floor to cater for tenancies from 1,300sqm upwards, and 200+ staff. For larger tenants, multiple floors can be linked with internal staircases, and a third option allows a split of two tenancies on a floor that allows regular shapes with prominent entrances from the light lobbies for both tenants.”
“Tenants will also enjoy exclusive access to the 288 internal secure car parks through five dedicated lifts. With a ratio of one car park to 24sqm of office space, car parking here is well above the current city fringe ratio of one per 40sqm and the CBD ratio of one per 100sqm.”
Campbell adds that the Cider building is engineered to a Category 2 rating and will be one of the highest rated office buildings in New Zealand and includes Lundia pads.
“The building has been designed to 130% NBS in accordance with the New Zealand Building Code. This higher than normal seismic capacity has been chosen to provide additional robustness and seismic strength for this large building development.”
The Cider building is located within the new Vinegar Lane architectural precinct in Ponsonby.
“This is a stand out location,” says Somerville. “It’s the creative, social and flamboyant heart of Auckland; a vibrant hub within the city.”
Offering 360˚ elevated views of the Auckland region, the building looks north past the Sky Tower and CBD to the Waitemata Harbour, Devonport, Hauraki Gulf and surrounding islands. To the east, it has views of Mount Eden, to the west the Waitakere Ranges and as far south as the Manukau Harbour.
Somerville adds that the Cider building is well-connected to motorway interchanges and public transport routes and only minutes from the CBD.
“North, south and westbound motorway connections are just 1.2km away at the Pitt Street and Union Street motorway hub, while the St Marys Bay on-ramp, Cook Street off-ramp and Newton Gully connection are all within a 2km radius.
“In addition, the Inner Link bus stops just 50 metres from the building’s front door, every 10 minutes during peak hours and 15 minutes during off-peak. So, for tenants or clients travelling from the CBD, the 3km commute to Britomart takes approximately 10 minutes in peak traffic.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2013 revenue). The Company has approximately 44,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 350 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.