Plans for an inner city retail precinct have emerged with the appointment of an international real estate agency promoting the space.
CBRE Retail Services, which has its head office in Los Angeles, has been appointed to attract retail brands into new floor space which has been built in the Victoria retail complex which is anchored by the Farmers department store between Victoria Ave and St Hill St.
Jonathan Curtis, associate director retail services at CBRE's Auckland office, said as well as the 1200sq m of retail space fronting the Avenue, his company was also looking for tenants in the 2098sq m available in the former Briscoes store in St Hill St.
Mr Curtis said the development of Victoria retail centre sites envisages seven fashion stores fronting the Avenue with six food outlets facing the Farmers carpark side of the complex.
"Essentially the existing floor space will be divided down something of an imaginary middle line to create the 13 stores. Spaces will range from 70sq m to 160sq m at rental rates ranging from $300-$600 per square metre."