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$26 MILLION CENTRAL QUEENSTOWN REDEVELOPMENT

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December, 2017

Skyline Enterprises is planning a $26 million redevelopment of its
downtown Queenstown OConnells Pavilion commercial building with
concept plans revealed this month.

Artists impressions show a striking new façade for the 29-year-old
building on Camp Street in the central business district.

The existing building will be strengthened for seismic purposes,
including adding a new structural frame around part of the external
perimeter of the building  resulting in what is effectively a new
building appearance.

The building currently meets seismic standards but the redevelopment
allows Skyline the opportunity to be proactive in ensuring the building
withstands a significant earthquake event, as well as modernizing the
facilities.

Each of the Pavilions four floors will be modified to retain a mix of
retail and commercial spaces, as well as keeping the ground floor food
court.

Skyline has undertaken a feasibility study over the past 12 months to
determine whether it was appropriate to refurbish or redevelop the
building, executive chairman Mark Quickfall says.

The analysis of seismic strengthening played an important early role in
determining that redevelopment was the best option for OConnells
Pavilion. This is a significant project which, when complete, will result
in a landmark building for central Queenstown.

We envision an attractive, eye-catching building that is a destination in
its own right  but also significantly improving the quality of the public
areas and general customer experience. We want the new OConnells
Pavilion to reflect that its a great place to do business in downtown
Queenstown.

The concept plans have been designed by acclaimed Queenstown
architect Preston Stevens of McAuliffe Stevens.

Changes to the buildings exterior have presented several opportunities,
including: creating a new customer entry off Cow Lane; providing
customers direct access to Beach Street stores as well as the building
(from Beach Street); upgrading the entries off Camp and Beach Streets
and review the elevations along Beach St and Cow Lane to make it more
accessible from the street.

There would also be a new feature public lift between the food court
and level three, inside the atrium.

All tenants have been informed of the redevelopment and are provided
with regular updates.

Were consulting individually with tenants throughout this process and
were inviting informal feedback about our concept. Our concept has
concentrated on the buildings exterior, with more detailed work on the
interior to be advanced over the coming months, says Alastair Clifford,
manager of Skyline Properties.

Plans are still conceptual and our designs require further work before
it can be submitted to council for consent.

The company plans to lodge a building consent application in the New
Year, followed by a resource consent application. Its expected the main
construction period would begin in May, 2019, with the building
complete in late 2020.

The OConnells Pavilion redevelopment is Skyline Properties second
major commercial building project in central Queenstown in recent
years. In 2016, the company opened the iconic mixed-use Eichardts
Building on Marine Parade  complementing the areas luxury precinct.

 

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