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Invercargill business park 'positive' for city economy

Source: stuff.co.nz 

INV business park positiveSeveral constructions in the business park in Bill Richardson Drive are taking shape, despite winter conditions. 

A building on the corner of Fox St and Bill Richardson Drive is taking shape and looks to be finished within the next six weeks. 

Ultraspec Building Systems director Ruary O'Toole said the building was tracking well, despite weather interruptions. 

The build had been ongoing for about four months and looked to be complete in a month, he said. 

The building was to be leased out. 

The finished structure would have a showroom, and plenty of space upstairs, O'Toole said. 

The business park under development by Russell Cunningham Properties, formerly the Invercargill Showgrounds, has FMG Insurance, RD1 and Farmlands among its tenants.

This month the owners of The Batch cafe, on Spey St, announced they will open another cafe to be called Industry on Arena Ave at the business park. 

Proposed retail and supermarket sites were part of the long-term plan for the area.

Russell Cunningham Properties general manager Vicki Corkill said Progressive Engineering Southland had completed their building and Farmlands was underway. 

Corkill said further construction would soon be underway to the north side of the Commercial Vehicle Centre. 

A supermarket and potential retailers for the business park were not confirmed. 

"We're obviously very excited about the new cafe coming, so we're very happy." 

Russell Cunningham Properties received plenty of interest from people looking to purchase, as well as interest from potential tenants.

The development of the park was "exciting", Corkill said. 

With so much development happening it was positive for the city, he said. 

"There's a lot of construction in the business park at the moment, which will have a great economic impact on Invercargill as a whole."