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O'Donnell: Too early to know if Invercargill's city block budget impacted

The ILT expect its new hotel will cost 'hundreds of thousands' more than expected, but the man behind the city's major CBD development says it is too early to know what Covid-19 means for its overall budget. ....

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Property owner: Office space demand 'shrinks', inner-city living increases

Property owner: Office space demand 'shrinks', inner-city living increases
stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.

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New retailers and late night eats announced at Invercargill CBD halfway party

Another three were currently in negotiation but “virtually done”, Harris said.
It was a requirement of signing that sites in the food precinct would be open until at least 9pm, he said.
The Tay St food court had two new sites announced, Kebabs and AR Indian.
In his 42 years of leasing shopping centres Harris said he had not come across the same level of interest that the CBD block had received..
“We’ve had another couple deals come through this week that will be signed off, that will happen, so all I can say is that it’s been bloody fantastic.” ....

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Grover Corlew Purchases Downtown Boca Raton Office Tower for $44.6 Million

Grover Corlew Purchases Downtown Boca Raton Office Tower for $44.6 Million
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Key steel installed in Invercargill CBD project

ABL project director Bruce Middleton said the structures arrived at the construction site “like a Mekano set” and had to be bolted together and “tensioned up” before the lift.
A crew of 14, made up mostly of spotters, had to check all the connections and loading; and then watch them closely as two cranes lifted the structures.
A 250-tonne crane assisted in rotation of the frames, while a 400-tonne crane took over the heavy lifting.
“It’s not one of those things you want to lift without plans in place,” Middleton said.
The first lift attempt on Friday was abandoned because of a loading issue, and the frames were erected on Saturday morning. ....

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