
Two tenants – Raglan Seafoods and the Raglan Coastguard – have now signed agreements for tenancies in the new Raglan Wharf building. With construction due to be completed in July, this means that about half of the space is now tenanted. The landlord, Waikato District Council is now working on leasing the remaining areas.
Construction on the $1.9m wharf building began in early January. The target completion for builders Livingston Construction is July. The replacement 700 square metre building has nearly the same ‘overall footprint’ as the old building destroyed by fire two and a half years ago. But because of ‘common areas’, the new building has 635.5 sqm of space available for lease.
The WDC’s approved contract for the building’s construction is $1,943,200 while the total project cost, including design work and wharf repair work, is $2,893,570.