Link received from Hype O’Thermia
Sat, 4 Apr 2015 at 10:20 a.m.
█ Message: Local shop owners blame lack of free parking and rising costs for “demise” of Hamilton’s CBD.
The Central Business District of Hamilton is looking a little gloomy, with for lease signs up in many shop windows.
### Stuff.co.nz Last updated 05:00, April 4 2015
Hamilton central-city retail space sits empty
By Rachel Thomas and Nancy El-Gamel
Twenty per cent of ground level central Hamilton retail space is empty. Local shop owners are blaming lack of free parking and rising costs, while business leaders are pointing fingers at absentee landlords, sub-standard buildings and an inability to compete with lower rents at The Base.
The Base is New Zealand’s largest shopping Centre based in Te Rapa, 7 km North of Hamilton CBD.
To quantify what the average shopper sees [in the CBD], the Waikato Times counted all ground floor premises in the block within Hood St, Victoria St, Angelsea St and Liverpool St, finding that of 524 premises, the 104 empty ones outnumbered the 67 locally owned and operated stores in the area. […] Hamilton Mayor Julie Hardaker acknowledged the CBD needed desperate attention, and said council was taking a “holistic approach” to the problem. […] “For the city centre to be successful it must be commercially and economically successful and over the last few decades most reports have focused on physical changes, so we have started with an economic analysis and looked at the trend since 2001 in terms of the economy.”
Read more + Video
Read comments to the article.
How many other places – like Dunedin – mirror Hamilton ?
Posted by Elizabeth Kerr
*Images: Waikato Times/Stuff – Hamilton CBD [screenshots from video]