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BNZ Centre the new name for Christchurch CBD development

Media release
5 January 2015

BNZ is delighted to announce that the Christchurch retail precinct development formerly known as Cashel Square, fronting Hereford and Cashel Streets, will now be named BNZ Centre.

BNZ Head of Properties Steven Culpan says the bank is pleased to identify its base for 200 staff in the Christchurch central business community with the BNZ name.

“It is important to recognise our presence in the revitalised CBD with our name and we are proud BNZ Centre will occupy such a prominent site in the heart of the Christchurch retail precinct,” says Steven Culpan.

The BNZ Centre developer is Lichfield Holdings Ltd.

Director Nick Hunt says, “We are really pleased BNZ has taken a lead role in tenanting the complex which includes the naming rights for the development.

“BNZ Centre is progressing well. A significant part of stage one of the project is already visible from Hereford Street and Cashel Mall. The steel for stage two will be seen rising above the fence in coming months. We’re confident BNZ Centre will be finished for Christmas 2016,” Nick Hunt says.

“Cashel Mall has always been an iconic shopping centre and BNZ Centre will enhance the retail experience in the area and Christchurch as a whole. This development is a real opportunity to revive Cashel Mall as the principal retail experience in Canterbury,” Nick Hunt says.

Colliers retail leasing broker Nick Doig says demand for space in the central city retail precinct is gathering momentum. “BNZ Centre will be a prime location with multiple leases currently under negotiation with key retailers,” he says.