3 October 2018

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Nelson Weekly

Affordable Excellence 69 Haven Road, Nelson 7010 24 Hour Service - 7 Days

03 539 0066

Locally Owned and Operated

www.simplicity.co.nz

wednesday 3 october 2018

leo’s buzzing business

lucy leading the pack

Page 19-22

page 11

page 28

Investor buys land for CBD retail complex

The foreground shows buildings recently bought by Cephas Property in Nelson’s CBD. Cephas owner Steve Baigent plans to create a retail precinct to help revitalise the city centre. Photo: Toby Harvey.

Charles Anderson Editor

charles@nelsonweekly.co.nz EXCLUSIVE

The local investor behind developing the Richmond Mall has bought up a large block of Nelson’s CBD with plans to create a shopping precinct and help “revi-

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talise” the city centre. Steve Baigent has acquired 31-55 Bridge Street and further property at 126 Trafalgar Street, through his company Cephas Property. Cephas Property is a Nelson family-owned business along with associated company Tinline Property, which is also behind the

development of Richmond Mall. Steve says the move was an “exciting opportunity to contribute to the revitalisa- Steve Baigent tion the centre of Nelson” and that he has wanted to do a de-

velopment in central Nelson for “many years”. “I am proposing a high quality, unique urban development with a range of options from boutique shops to larger retailers, and lunchtime and evening dining. “It will lift Nelson’s retail game. We will be looking to attract new

100% locAlly owned And operAted

retailers into town.” The announcement comes after the Nelson Weekly’s series “spotlight on the CBD,” which looked at the reasons why the CBD was struggling and potential opportunities to ensure that it thrived.

SEE PAGE 2

www.nelsonweekly.co.nz


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