COLLETT’S CORNER

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COLLETT’S CORNER

Published by Ohu at
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  • DateMay 31, 2018

We are seeking to raise $2,000,000 in equity for Collett's Corner's, to invest visit PledgeMe here.

 
Investment Memorandum

Equity Crowdfunidng

Lyttelton's Shared Future

Compassionate Capitalism

Finance Overview

Let’s own things differently.
With 8 people in the world owning 50% of the wealth, it’s time for everyday people to take action. By choosing to be part of Collett's Corner you’re putting your money where your heart is and acting to create a fairer future.

Make money. Make change.
Collett's Corner will be New Zealand’s first community funded commercial development. It has been collaboratively designed and will be collectively owned, so that we can all enjoy it and share the wealth it generates.

Investing, not donating.
This is an opportunity to purchase part of a commercial development. This ‘shared equity’ campaign is where people near and far can buy shares in the building. The minimum investment is one share ($100). This is not a donation, it’s something that belongs to you, generates returns for you and makes you a creator of an amazing place.

A commercially viable investment.
Investors earn an annual return based on businesses paying rents, the projected rents have been tested with existing rents as well as each business model developed to ensure the businesses are viable. The additional return to investors is based on the capital gain over time.

About Collett's Corner

Vibrant, lively, Lyttelton.
Collett's Corner is a new, multi-use building to be constructed on Lyttelton’s main street. A lively mix of wellness centre, hospitality & accommodation, co-working, rooftop garden and cinema, Collett's Corner is set to become a vibrant hub for the people of Lyttelton and an exciting destination for all.

Bringing people together.
Collett's Corner is a building that’s all about people. Every part of it is purposefully designed to attract and connect people. Imagine, gathering with family and friends, meeting like-minded people and making new connections in a welcoming place. Lyttelton is known and loved for its lively community spirit, and Collett's Corner will celebrate and strengthen that even further.

Designed by many.
Collett's Corner is the result of tons of ideas contributed by the community over a 2-year collaborative process. The final design was chosen democratically out of a range of options and has been fine-tuned through further engagement. Many voices have been heard and the building is better for it.

A model for a better future.
Let’s show the world what’s possible. Collett's Corner’s collective design process and ownership structure is modelling a new way of doing things. Beyond local – it’s an example that has the potential to inspire change everywhere. Beyond today – it’s a building that will benefit our children and their children too.

 

Architectural Drawings: Plans & Elevations

Media

Up Coming Events

 

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Project Details

Project Description

Collett's Corner is a new, multi-use building to be constructed on Lyttelton’s main street. It is intentionally designed as a place to connect with friends and whānau in a space that is centred around wellbeing. A lively mix of hospitality, retail, apartments, co-working space, all centred around facilities and treatment spaces for wellbeing providers. Collett's Corner will bring Lytteltonians together and attract visitors from a far. 

Stages of Development

The plan is to complete the design and planning by mid 2019, start construction by the end of 2019 and open the building at the end of 2020.

  • Listening & Ideation Phase: Jul -Nov 2017
    Ask the community to share their ideas for the site
    Assess potential options for the project
  • Scoping Phase: Jan - May 2018
    Share options and seek input
    Identify preferred option
    Develop feasibility report
    Create financial and legal structures aligned to the project's purpose
    Seek early stage investors
  • Plan & Design Phase: Jun 2018 - Jul 2019
    Launch design competition 
    Assemble the project team
    Launch equity crowdfunding campaign (February 2019)
    Seek business operators
    Pre-sale apartments
  • Construction Phase: Sept 2019 - Nov 2020
    Build community by building the building, including working bees to develop trade experience
  • Opening: Dec 2020
    Let's celebrate together!

Past Events 

Stakeholders

  • Lytteltonions (people that work, live or own property in the Harbour Basin)
  • Investors in Collett's Corner
  • Collett's Corner Residents
  • Future tenants and business owners

Project Team

  • Ohu: Development Manager
  • Warren & Mahoney in association with in:flux: Architects
  • Joseph & Associates: Project Manager, Commercial Analysis, Quantity Surveyor
  • Engeo: Geotech
  • Novo Group: Planner, Transport Engineer
  • Structex: Structural Engineer
  • Holmes Fire: Fire Engineer
  • Powell Fenwick: Service Engineer
  • EA Curation: Human Centric Design Commercial Strategy
  • Leon White Design: Graphic Design
  • The Copy Room: Copy Editor
  • Telling Lives: Story Teller and Video Production
  • Perry Field: Legal Advice

Collett's Corner Constitution

  • Here is a link to the Collett's Corner constitution. Collett's Corner Ltd is a for purpose company, which means the directors are bound to serve the purpose as set out in our constitution. 
 

Camia Young

Camia-bw

PROJECT STEWARD

Camia Young

021 1125 087

The woman behind Collett's Corner is Camia Young. International Architect, entrepreneur and passionate activator. She is motivated by a deep desire to reimagine property development so that we change the way that wealth is distributed. One of her goals is to create a sense of belonging through building community by building buildings. Camia purchased Collett’s Corner in 2013. Since then she has poured her heart, energy and experience into making Collett's Corner happen.

Since moving to Christchurch in 2011, Camia has been involved in several community minded initiatives including XCHC (Exchange Christchurch), Te Pūtahi: Christchurch Centre for Architecture and City Making, the Gap Filler Pallet Pavilion, and Studio Christchurch. Before moving to New Zealand, Camia practiced as an Architect in Europe with OMA in Holland and Herzog & de Meuron in Switzerland and worked on several large scale civic projects and urban master plans. Camia serves as a Trustee on the Hillary Institute board, the Ohu Foundation board and she is the Founding Partner of Ohu Development Ltd and Founding Director XCHC.

If you have any questions or would like to know more about Collett's Corner please get in touch.

Ohu is working with the Lyttelton community to create a co-living apartment building centred around wellbeing facilities on London St. The 4 story building will have a wellness centre, coworking, shops, restaurant and apartments.