Developer happy with response
Setting a new standard in Wellington’s building stock is the new 20 Customhouse Quay, a modern design bringing international best practice in safety and resilience with base isolation and a diagrid structure, giving tenants increased productivity and reduced operating costs.
The development is a joint-venture between commercial ofﬁce investor and development manager Newcrest and the owners of the earthquake prone BP House, which was demolished to make way for the new building.
Newcrest has managed the development and will continue to manage the completed building.
Newcrest development manager Lincoln Fraser says 20 Customhouse Quay is a modern, premiumgrade, efﬁcient, and highly resilient ofﬁce building. Apart from two part tenancies, the building has been fully leased prior to completion.
“The market responded very well,” he says. “At the time of marketing it was something which was needed, and over time people have come to appreciate even more that Wellington’s building stock needs to be resilient to deal with the unique seismic environment that Wellington lives within.”
Beginning with extensive ground and geotechnical investigation, 20 Customhouse Quay has been designed by Studio Paciﬁc Architecture precisely for its actual ground conditions, to provide maximum safety and resilience both during an earthquake and in the aftermath.
The building has a backup generator for 100% of on-ﬂoor power and life safety systems in case of power interruption, and a dual sprinkler supply in case of water supply interruption.
Essential electrical services are physically elevated to protect the building operations from ﬂood or tsunami risk.
Large 1280sqm rectangular ﬂoor plates, a side hung core, spacious 3m ceiling heights, panoramic windows for natural light, and minimal on-ﬂoor columns have allowed tenants to optimise their layouts and achieve higher occupational densities in an improved working environment.
Tenants enjoy lower maintenance costs from solar shading, modern building systems, economical management of long term operating costs, and a 5 Star Green Star rating to further reduce energy costs. Insurance costs are also reduced due to the low risk seismic design.
Lincoln says Newcrest has been thrilled to have worked with an excellent group of consultants and contractors on this very exciting project.
Newcrest has been developing commercial, residential, industrial, and retail properties throughout New Zealand for the past 22 years.
It has particular expertise in developing low rise, large ﬂoor plate commercial ofﬁce buildings, which allow clients to transform the way they work, bringing teams closer together, using space more efﬁciently, and creating a more positive working environment that improves productivity and reduces staff turnover.
It is now working on a very similar building for the Z Station site a block north of 20 Customhouse Quay.
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