The co-founders of an online resource to encourage entrepreneurs will set up a physical presence in the old Durham St police station in September.
The four co-founders of Venture Centre would move their businesses to the new location and other hi-tech companies were also expected to join them, Yojo Design director Jo Allum said.
"This is a privately financed communication and technology hub and we have the foundation tenants in place," Ms Allum said.
Joining the co-founders at Basestation would be Robert Kramer's E-Koncept, a search engine optimisation and web design company, and Tim Uckun, Tauranga-based chief information officer for international data analytics company Blix. The team was negotiating with other tenants to join Basestation.
Basestation would take up the ground floor of the old police station, which would be gutted and redeveloped, said Ms Allum.