Overview
Off the back of sustained success, Hamilton Retail Hardware (who own Mitre10 Mega at The Base and Ruakura) saw a growing need for a high-quality Te Rapa-based distribution centre.
With the objective of designing and building a 5000sqm warehouse (incorporating 400sqm office space), on time and on budget, the project also addressed the need for storage space with good proximity to the major retail and trade premises.
About the project
Being familiar with Fosters, it was an easy decision to utilise a Joint Venture structure offered by Foster Develop.
Despite a wet construction period, the Fosters construction team delivered the project in the 10-month timeframe and under budget. Mitre10 Mega took full ownership upon the issue of Code of Compliance.
Throughout the project Foster Develop managed the Joint Venture, including monthly reporting and financials, and assisted the client with advice around sub-letting some of the surplus space.
2023
8,561m2
$15.3M
Client testimonial
Following on from the successful delivery of Mitre 10 Ruakura in 2016, Fosters was an easy choice as property development partner for the new distribution centre says Hamilton Retail Hardware Director Steve Weidmann.
“It made good sense to continue the relationship with Fosters. They had a good understanding of what was required, and we were confident they’d know the best way to structure, design, secure funding and build.”
As it turned out, Fosters delivered on Steve’s expectations, which he notes were high.
“The building was designed around our specifications. The Develop team provided good value in the construction options put forward and gave sound advice around design changes to improve outcomes.”
With construction also managed by Fosters, the project was delivered seamlessly, adds Steve.
“In my experience, working with Fosters on a property development project is very easy and beneficial for all parties” he said.
“Fosters approach is to work with the client and accommodate whatever it takes to ensure a successful outcome for all.
“With Develop and Construction working together, we had guarantees on pricing, the budget was met, and changes were never a problem.
“We enjoyed one point of contact with exceptional communication and project management. There was full disclosure from start to finish.”
And, with JV terms set to benefit all parties, Steve’s opinion is that he got the best value for the build.
“I believe Fosters are committed to delivering the best outcomes for everyone involved. They stand by their workmanship and their ethics.
“I’ve done a lot of contracting in my time as an engineer. This was the best client-project management experience I’ve had.”
“I’ve done a lot of contracting in my time as an engineer. This was the best client-project management experience I’ve had.”
Steve Weidmann, Hamilton Retail Hardware Director