Fisher & Paykel Healthcare has signed a construction contract for its fifth building on the East Tāmaki campus in Auckland.
The company has partnered with Dominion Constructors for the project, which is expected to cost around $250 million.
The new building, with a gross floor area of about 28,000sq m, will serve as a space for research and development, manufacturing and distribution.
It will feature an open-plan work environment to promote collaboration.
Construction is set to begin this month, with the facility expected to be operational in 2027.
Fisher & Paykel said the new building will accommodate its expected growth in Auckland over the next five years.
The company also recently submitted a plan change application for an additional campus in Karaka, Auckland, to support long-term growth.
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