THE new business house on Don St was officially opened by Invercargill Mayor Tim Shadbolt on Monday.
Mr Shadbolt said the council saw the development as “a catalyst for future work around the city”.
Invercargill City Council (ICC) director of finance and corporate services Dean Johnston said the 100% ICC-owned $14 million development was expected to bring a good return on the initial investment, and it was all-but complete with only minor details left to finish.
McCulloch and Partners managing partner Mark Bain said the building was the result of his team’s initiative in promoting the idea of a business house for the CBD to council four years ago, along with director and owner of McCulloch Architects Brent Knight, who designed the building.
“We’ve received so many positive remarks about the development – it’s a real asset and game changer for our city,” he said.
The building contractors, Calder Stewart, had done an excellent job making the plans a reality with “tight deadlines and challenging tenant expectations”, he said.
Cr Darren Ludlow said it had been “appropriate for council to show some leadership in developing the central business district”.
The three-story building had been an “absolute hive of activity”, he said.
The Auction House Cafe & Bar opened to the public on the ground floor on Tuesday.
McCulloch and Partners had already moved in on the second floor and Cruickshank Pryde Solicitors were expected to move there during the next two weeks, he said.
The remaining businesses – Craigs Investment Partners and Media Works, which would share the top floor – were expected to be in before Christmas, he said.