08/12/2010 - General News
Greenstone Energy has started construction of its fourth retail development, a brand new $3 million retail service station at Waiuku, south of Auckland. The site is located on the corner of Kitchener Road and King Street.
Greenstone is the New Zealand company which acquired Shell New Zealand’s retail fuel and distribution assets in April. Since then, Greenstone has completed two brand new retail service stations, representing $5 million of investment, and a new truck refuelling facility.
The existing Waiuku site, which was formerly operated by a competitor, will be completely demolished and a new state-of-the-art site will be built from scratch. The new Shell branded site will feature a 100 square metre shop, eight fuel filling stations and a top of the line car wash. The existing Shell service station on Queen Street will be closed once the new site is completed.
Greenstone will be working closely with project architects SHA, project managers Sinclair Knight Merz, and contractors Cassidy Construction and Petroleum Solutions Ltd in the development of the new site.
Greenstone’s General Manager of Retail, Mark Forsyth, said the company was investing strategically in the company’s future growth.
“We saw this as a great investment opportunity for Greenstone and for the people of Waiuku. Our current site in Waiuku is pretty busy but it’s fairly old and run down so we think a new site is well overdue,” he said.
“Waiuku is a fast-growing town that deserves a modern, efficient service station with a great convenience store offering. There’s been strong public and customer support for Greenstone since we acquired the Shell downstream business in April and we’re determined to continue to earn that support by investing in assets that benefit local communities, and what's more, Greenstone's profits stay right here in New Zealand.
The new Shell-branded service station is expected to open in the first quarter of 2011. The site will be operated local retailer, Wayne Kennerley.