Millwater and Silverdale contribute to growing north

A new multi-level shopping centre in fast-growing Silverdale, anchored by a Farmers department store and national retailer, Whitcoulls, is expected to attract strong interest from retailers. Nearby, the newest subdivision of Millwater sees a rapidly growing retail area continue to expand with Millwater Central Terraces.

Silverdale Mall will be home to a 6,000sq m two-level, full offer Farmers department store, with an additional 3,000sq m for about 30 speciality stores catering for fashion, food and beverage, homeware and personal service type retailers. National Director Richard James says it will become the go-to shopping destination for residents of Silverdale and Millwater, as well as serving the wider Hibiscus Coast and Whangaparaoa community.

“Silverdale Mall is a game-changer for locals, who no longer need to travel further afield to experience the very best in fashion, food and beverage, and service retail,” James says.

Silverdale Mall fulfils the area’s significant demand for more retail options, which has been driven by substantial residential growth in recent years. The centre is conveniently located close to complementary large national retailers including Pak’n Save, Countdown, Bunnings, The Warehouse and Noel Leeming.

The new shopping centre on Millwater Parkway opens on Thursday 22 March, with onsite entertainment running through to Sunday 24 March.

Slightly further north, further growth is happening on the Hibiscus Coast at the heart of the residential district of Millwater, nestled between Silverdale and Orewa. Three brand-new retail units in one of Auckland’s fastest-growing communities are on the market through Colliers International.

Millwater Central Terraces builds upon and complements the success of Broadway’s adjacent Millwater Central retail centre, which is extremely popular with the area’s rapidly expanding community

“The units are part of the new Millwater Central Terraces development – a mixed-use residential and retail complex completed last year by reputable developers Broadway Property Group.

The property also draws on passing traffic from the surrounding sports fields, which brings people to the area on weekends as well as after school and work. A hockey turf is under construction directly across the road from the shops, while the Metro Park sports field is nearby.

Adjoining the Millwater subdivision is the Highgate business park, one of the fastest growing new developments in New Zealand. The 60ha site is a large-scale mixed-use development positioned between State Highway One and Wainui Road. The business park is being developed to provide employment opportunities, with a mix of warehousing, office spaces and a proposed local centre with retail, bars and restaurants. This development is expected to provide around 4500 jobs to the overall Silverdale area.

With nearby hubs of the North Shore and Auckland CBD only a short 30-minute commute, they offer abundant employment opportunities. The Silverdale and Millwater area has approximately 3,500 homes planned in the area directly to the north of the existing township, these developments look set to skyrocket. 

By: , Commercial Property with Jimmy O'Brien, Colliers North Shore

Issue 86 April 2018