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Waikato Business News | March 1, 2024

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32 MARCH <strong>2024</strong><br />

In my experience,<br />

working with Fosters on<br />

a property development<br />

project is very easy and<br />

beneficial for all parties.<br />

Steve Weidmann, Director<br />

Hamilton Retail Hardware Limited<br />

Mitre10 Distribution Centre on Earthmover Crescent was a joint<br />

venture (JV) between Foster Develop and Hamilton Retail Hardware<br />

Limited - owners of Mitre 10 Mega at The Base and Ruakura.<br />

With the objective of designing and building a 5000sqm warehouse,<br />

on time and on budget, the project also addressed the need for storage<br />

space with good proximity to the major retail and trade premises.<br />

Following on from the successful delivery of Mitre 10 Ruakura in 2016,<br />

Fosters was an easy choice.<br />

“It made good sense to continue the relationship with Fosters” says<br />

Director Steve Weidmann. “They had a good understanding of what<br />

was required, and we were confident they’d know the best way to<br />

structure, design, secure funding and build.”<br />

As it turned out, Fosters delivered on Steve’s expectations, which he<br />

notes were high.<br />

“The building was designed around our specifications. The Develop<br />

team provided good value in the construction options put forward,<br />

and gave sound advice around design changes to improve outcomes.”<br />

“In my experience, working with Fosters on a property development project<br />

is very easy and beneficial for all parties” he said.<br />

“Fosters approach is to work with the client and accommodate whatever<br />

it takes to ensure a successful outcome for all.<br />

“With Develop and Construction working together, we had guarantees on<br />

pricing, the budget was met, and changes were never a problem.<br />

“We enjoyed one point of contact with exceptional communication and<br />

project management. There was full disclosure from start to finish.”<br />

And, with JV terms set to benefit all parties, Steve’s opinion is that he<br />

got the best value for the build.<br />

“I believe Fosters are committed to delivering the best outcomes for<br />

everyone involved. They stand by their workmanship and their ethics.<br />

“I’ve done a lot of contracting in my time as an engineer. This was the<br />

best client-project management experience I’ve had.”<br />

With construction also managed by Fosters, the project was delivered<br />

seamlessly, adds Steve.<br />

Looking for a property development partner?

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