The Government unit charged with rebuilding Christchurch's central business district says it is working with the Government on various leasing options to entice commercial tenants back into the central city.
The Central City Development Unit, which is part of the Canterbury Earthquake Recovery Authority, says all new commercial and residential space will be affordable.
Unit director Warwick Isaacs says options, such as long term leases and flexible terms of settlement, are being looked at to encourage tenants to lease space.
He believes businesses won't sign lease agreements until more property is on offer.
Architectural firm Warren and Mahoney says despite the costs, the business wants to be in the central business district.
Principal Daryl Maquire says the firm needs to be in a central location, in front of clients.
Law firm Duncan Cotterill moved to the north of the city after the earthquakes but is now in the throes of coming back to town, although not as far as the CBD.
Managing partner Richard Smith says the firm needed 2500 square metres of floor space immediately, which is why it could not wait for a new building in the city centre.
The Crown has begun sending out final offer letters to the owners of properties needed for anchor projects and says it may need to use its powers of compulsory acquisition in some instances.
