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Anchor tenants secured for new Wellington office building

Blue chip corporates Deloitte and IAG New Zealand have signed up as anchor tenants in a new 14-storey Wellington office building going up on the old BP House site on Customhouse Quay. 

Sally Lindsay
Mon, 22 Jun 2015

Blue chip corporates Deloitte and IAG New Zealand have signed up as anchor tenants in a new 14-storey Wellington office building going up on the old BP House site on Customhouse Quay. 

BP House was damaged in the Seddon earthquake and is now being demolished. 

Wilton Capital owns the site and has entered into a joint venture with Auckland-based developer Newcrest to develop and then jointly own the 17,000m2 five-star green building designed by Studio Pacific Architecture. 

Resource consent has been granted for 20 Customhouse Quay, as the new office block will be known and it will open its doors in September 2017. It has been designed with rectangular 1280m2 floorplates, three metre high ceilings, a side-hung core and relatively few interior columns.

IAG is taking three levels in the new building and Deloitte is downsizing its work footprint to two and-a-half floors. 

Newcrest development director Lincoln Fraser says the building is being engineered to far exceed the building code for seismic performance. 

Structural engineer Alistair Cattanach of Wellington’s Dunning Thornton Consultants says 20 Customhouse Quay will incorporate base isolation and has been designed to prevent structural damage, which could disrupt business continuity, in a one-in-500-year earthquake. 

Deloitte chief executive Thomas Pippos, who is also a board member on Wellington Regional Economic Development Agency, says the new building is a confidence boost for the capital.

Sally Lindsay
Mon, 22 Jun 2015
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Anchor tenants secured for new Wellington office building
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