REVEALED: $125m shoppers’ paradise

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Queenstown’s struggling building industry could be revived next year by the biggest new construction project in the South Island. 

Mountain Scene this week unwraps plans for a $125 million retail complex on the Frankton Flats. 

It replaces “Hendo’s Hole” at Queenstown’s entranceway – an eyesore excavation left behind by embattled Christchurch developer Dave Henderson. 

Auckland developer Tony Gapes – who bought the former Five Mile site from receivers for $12m – this week lodged an application for the stage one masterplan. 

Gapes hopes to start construction of a large Countdown supermarket and up to seven bulk retail stores early next year. 

Also in the 38,000 square metre mix are a two-level department store, fashion precinct, a small gourmet-style supermarket, Farmer’s Market, restaurants and bars, movie theatres, a possible 10-pin bowling alley, 50-100 
visitor apartments, offices and a creche.