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Bayleys@5 to host Richard Peebles on new farmers’ market precinct

Tags: Canterbury Christchurch Christchurch CBD Commercial

Even before marketing gets underway for the exciting new farmers’ market precinct planned for central Christchurch, tenants have been lining up to get on board.

Bayleys @ 5 - Richard Peebles

Investors, the Peebles Group, are reporting “huge demand” from tenants wanting to secure their place within the $80 million complex. The precinct will be on prime riverside land, encompassing the Re-Start site, at the city’s western retail edge.

Quality tenants signed to date include fashion and food specialists, with Re:Start businesses also tipped to come across and join the new development.

Bayleys@5 is delighted to be hosting Peebles Group director Richard Peebles on 20 April. This will be a great opportunity to hear what’s in store for the new precinct, on track to be built by October 2018. The plan includes five buildings housing an indoor farmers market, food hall, eateries and bars, offices, and fashion retailers.

“It is going to activate that whole west bank over the river,” Richard says. “It will bring people in – and more importantly, keep them in.

“We’re being approached every day by prospective tenants. It is quite complicated from a design-perspective, factoring in multiple tenancies.”

Bayleys @ 5 - Richards Peebles - Farmers Market

As well as the extensive farmers’ market, associated uses are poised to really get the whole area buzzing.

“Public open spaces will be used in conjunction with it, so there will be an arts and craft market in the weekend, along with night markets and festivals. It will revitalise the CBD,” Richard says.

He says he is looking forward to sharing the plans and concepts for the new precinct at April’s Bayleys@5 event.

“Tenancy-wise, we have got 110 tenancies available in the farmers’ market and surrounding retail, so there are some good opportunities.”

Bayleys@5 with Richard Peebles is on 20 April at 3 Deans Ave, Riccarton. Drinks and nibbles will be from 5pm, with the main event starting at 5.30pm. Spaces are limited, to book contact Justin Haley on 03 375 4834. Click here to find out more about Bayleys@5.

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