Retail Unit 3, CPO Building, Britomart Transport Centre - Leasing Opportunity Expressions of Interest (EOI)
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Retail Unit 3, CPO Building, Britomart Transport Centre Leasing Opportunity Expressions of Interest (EOI) Procurement Number: 748-21-499-GS
The
opportunity
AT is inviting Expressions of Interest (EOI)
from retail operators for a new 86 sqm retail
unit in the Chief Post Office (CPO), Britomart
Transport Centre.
Britomart Station’s ground floor concourse, inside
the CPO Building, reopened on 6 April 2021 following
extensive refurbishment and reinstatement works as
part of the City Rail Link (CRL) project. Chief Post Office (CPO) exterior
Five of the six retail units have been tenanted and are now
open. Unit 3 has been temporarily activated by Auckland
Unlimited and will be available from early August 2021.
Te Komititanga plaza with the CPO building to the right
AT is looking for a retail operator who can deliver a service
offering that supports commuters, the public experience
of the CPO Building and is complimentary to surrounding
businesses.
Any real estate agencies seeking to represent potential
tenants through the EOI process may participate through
a general agency on the terms set out in Attachment 5.
Location
Britomart Transport Centre is at the centre of extensive
urban realm upgrades. Britomart
Transport Centre
The CPO building is located close to major hotels,
event venues, bustling bars and restaurants and public
transport hubs.
Britomart Station is set to become a ‘through-station’
once the City Rail Link opens in 2024, linking Britomart
to new train stations at Aotea Square, Karangahape Road
and Mount Eden.
Unit 3, CPO
Building
The
tenancy
Unit 3
86m2
Base-build construction works have
been completed by City Rail Link Limited
(CRLL). The tenancy will be available from
August 2021 for the successful tenant to
complete internal fit-out works.
Critical timeframes for EOI evaluation
and fit out design review are indicated
on page 12.
Please refer to the Britomart Transport
Centre Pre-start Manual for Tenancy
Fit-out (Attachment 2) for tenancy base-
build inclusions, heritage and operational
requirements.
Indicative floor plan showing
Unit 3, CPO building
The tenancy Artist impression of Unit 3, CPO Building
Current activation Photos of ‘See.Do.Auckland’ by Auckland Unlimited – Current temporary activation of the retail unit
Other tenants AT has leased the other five retail units in the CPO building to the following tenants: • Starbucks • Mojo • Britomart Florist • OM Goodness • Localito (not shown, opening soon)
Current
customer Britomart Station – Train tag on and tag off
by transaction hour
peak times 1 February 2021 – 31 March 2021 Average daily tags
– train 6,610 6,276
patronage 1,600
Average Tag on & Tag off
1,400
The following graph shows the
average daily AT HOP card tag-on 1,200
and tag-offs, per hour, for train
customers at Britomart Station for 1,000
the period between 1 February 2021
and 31 March 2021. 800
This represents the current state of 600
train patronage at Britomart Station.
400
200
00 01 02 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23
Transaction hour Average Tag On Average Tag Off
Current
customer Britomart Station – Bus tag on and tag off
by transaction hour
peak times 1 February 2021 – 31 March 2021 Average daily tags
– bus 6,593 5,983
patronage 1,600
Average Tag on & Tag off
1,400
The following table and graph shows
the average daily HOP card tag-on and 1,200
tag-offs, per hour, at bus stops within
the Britomart Precinct* for the period 1,000
1 February 2021 to 31 March 2021.
800
This represents the current state of bus
patronage within the Britomart Precinct. 600
400
200
00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23
Service start time hour Average Tag On Average Tag Off
* The Britomart Precinct bus stops included in this data are at the following 13 bus stop locations: Commerce St between Quay and Tyler,
50 Customs St East, Customs St West, Customs St West near Queen St, Customs Street East near Queens Arcade, 23 Customs Street East,
Customs Street East opposite Fort Lane, 55 Customs Street East, 32 Customs Street East, Commerce St near Tyler Street, Commerce St near
Galway Street, 16-18 Commerce Street, Lower Albert St near Quay Street.
AT Purpose Purpose Values
& Values
Why we exist Who we are
Easy Journeys Auahatanga - Better, bolder, together
Connecting people Manaakitanga - We care… Full stop
and communities Tiakitanga - Safe with us
Successful operators will align their offering Whanaungatanga - We connect
to AT’s Purpose and Values.
Our purpose and values go to the heart of our
culture – who we are as an organisation, how
we behave, our aspirations and what we want
to achieve together for Auckland.Agreement to Lease
and Deed of Lease Details
Attached to this EOI is AT’s standard Agreement to Lease and
Deed of Lease for Unit 3, CPO Building, Britomart Transport Centre
(Attachment 3).
The final terms of the leasing documents will be subject to AT
Management approvals.
EOI Response Requirements
We have provided specific criteria in this EOI document that must be
met when submitting a proposal for the leasing opportunity.
We have provided the weighting for each category of the Evaluation
Criteria shown as a percentage in the tables. All proposals received
will be evaluated by an AT panel against this weighted criteria.
What is required to submit an EOI:
• Proposal document – applicants may follow the EOI Response
Template provided (Attachment 4).
• Acceptance of EOI Preconditions (outlined page 13). Please
accept the Preconditions in the EOI Response Template.
• Any other information or supporting documents that you believe
is relevant to your submission.d:image006.jpg@01D70AD9.28EB9DF0
EOI response EOI applications close:
time frame
4pm on Friday 4 June 2021
Please submit in PDF format. Proposals may
include written and imagery components.
Below is an indicative time line for EOI responses,
Submissions to be no longer than 5 pages
the AT evaluation period and indicative timing for EOI submissions can be emailed to:
tenant fit out. procurement@at.govt.nz with subject line:
Please note, the below time line is indicative – EOI Submission – Retail Unit 3, CPO Building
Key dates may be subject to change. AT reserves
Should you have any questions or queries about
the right to alter time frames and/or processes to preparing your proposal or responding to our
accommodate for unforeseen circumstances. requests, please contact AT Procurement using
the email address above.
7 May 2021 4pm, 4 June 2021 By 16 June 2021 By 5 July 2021 9 August –
EOI open for EOI applications AT to advise applicant Tenant to submit 5 September 2021
submissions period closes. of preferred submission Developed Design to Tenant fit-out period
Concept Design due AT for review
to AT for review.
Up to 28 May 2021 11 June 2021 By 30 June 2021 By 23 July 2021 6 September 2021
Questions or further AT evaluation of Execution of Tenant to submit Expected first
information requests EOI applications Agreement Final Fit Out Design trading date
concludes to Lease to Council for consentLeasing Preconditions In order to be successful applicants must acknowledge and accept the following preconditions: Preconditions Chief Post Office (CPO) in 1911 The terms of Auckland Transport’s Standard Agreement to Lease and Deed of Lease are acceptable. The tenant has the ability to sign the Agreement to Lease within two weeks of issue. The tenant acknowledges a willingness to work with Heritage New Zealand Pouhere Taonga to ensure the requirements for fitout design and plans meet all necessary heritage requirements.
Evaluation
Criteria
Retail Unit 3, CPO Building
The below table shows the weighted criteria given to assess your proposal. Applicants are requested to cover each
aspect of these criteria in their proposal submission.
Evaluation Criteria Requirements Guidance
• Outline how the proposed service offering supports commuters, the public experience of the
Proposed use, product CPO Building and is complimentary to surrounding businesses.
or service offering • Define your target customer/audience and why your offering will appeal to them. 25%
• Outline the social impact and local relevance of your proposal including how you will engage locally
to benefit the wider community.
• Outline your proposed use, product or service offering for the tenancy. Include details on proposed
Service delivery model hours of operation and staffing levels.
10%
Rental offer and • Outline your annual rental offering including the annual base rental and turnover percentage rental share.
covenant strength • Provide evidence to support your financial position (statement of financial position, company accounts 15%
or bank guarantee).
Track record • Outline your track record of operating in a commuter/transport-oriented setting. Include any references. 10%
Business and • Detail your business and marketing plans to show your ability to support the business and enhance the
15%
marketing plan commercial opportunity.
Retail tenancy design • Outline your proposed conceptual design and plans for the retail unit including internal fit out, base
and fit-out footprint, and dimensions. 25%
• Demonstrate an understanding of Heritage requirements in your proposed conceptual design.Attachments
Attachment Document
1 Auckland Transport Purpose and Values
2 Britomart Transport Centre Pre-start Manual for Tenancy Fit-out
3 Auckland Transport’s Standard Agreement to Lease and Deed of Lease
4 EOI Response Template
5 Terms of General AgencyThank you
We look forward to your proposal.
J007013_05.05.21You can also read
