An artist's impression of the Awly Building project in central Christchurch, being undertaken by Dunedin-founded Arrow International. Image supplied.
Dunedin-founded construction company Arrow International has
landed one of the largest commercial building projects of the
While the contract price is confidential, commercial property
sources have estimated the multiple five-storey block being
built for site owners the Yeo family's Awly Investments in
Durham St is more than $40 million. Construction of the
17,000sq m building starts this month.
It is expected to employ more than 200 people and be
completed by mid-2015.
Arrow, whose largest project to date has been Dunedin's $220
million Forsyth Barr Stadium, has 10 branches around the
country and one in Melbourne, and with the Christchurch
rebuild gaining impetus, now employs more than 230 staff
Arrow's chief executive, Mark Hopwood, said the Awly Building
would have three separate blocks of ''premium'' retail and
office space, surrounded by cycle parks, sheltered courtyards
and 123 on-site car parks, targeting tenants from the retail,
business and hospitality sectors.
''The design is inspirational and the construction
technologies behind the build are leading edge. That applies
to both seismic and environmental elements of the complex.''
The 4068sq m site, which used to be home to Amuri Courts and
URS House, is on the sought-after western bank of the Avon
River, extending from Armagh St to Gloucester St and bound by
Durham St to the west. Its neighbours include the Convention
Centre, Avon River Park and the cultural and performing arts
Mr Hopwood said the complex would have many green features
and was designed to achieve a five-star rating under the New
Zealand Green Building Council scheme.
The blocks included mixed-use commercial and the ground floor
provided space for nine commercial units, including
restaurants and cafes, which opened on to a courtyard.