In a move towards revitalising the Central Business District (CBD), the Council has announced the purchase of the property at 144 The Strand (old Credit Union). This site has been identified as a strategic location within the CBD, playing a crucial role in the town's future regeneration efforts.
The newly acquired property is seen as a key location for the activation of Wharaurangi, with substantial potential for redevelopment. In the short term, the Council will relocate the Whakatāne isite Visitor Information Centre to this building starting in late September. This is to ensure uninterrupted visitor services while Bay of Plenty Regional Council undertakes necessary upgrades to the floodwall around the current isite.
Additionally, the Council is exploring opportunities for short-term tenancies to occupy parts of the building not required by the isite. This interim use of the space aims to maximise the utility of the property and support local businesses.
Looking ahead, the Council intends to undertake earthquake strengthening works on the building to ensure its safety and resilience. Following these upgrades, the building will be re-tenanted, aligning with our long-term vision for the site's redevelopment. Council staff are also investigating various redevelopment options, which will be presented to the Council for consideration soon.
This strategic purchase and the planned relocation of the isite not only ensure continuous visitor services but also set the stage for future improvements and the eventual transformation of the area.
The Council's proactive approach highlights its commitment to enhancing the vibrancy and economic vitality of the CBD, providing both immediate and sustained benefits to the community.