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17 Sep 2025 16:51
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      Home > News > Business

    A key site in central Wellington that's been boarded up since 2019, is set to be re-developed

    A key site in central Wellington that's been boarded up since 2019, is set to be re-developed

    16 January 2025
    A deal has finally been struck for the city's derelict Reading Cinemas - after the Wellington City Council's initial plan to buy the land fell through.

    Private developer PrimeProperty has bought the site for 38 million dollars, with plans to strengthen it against possible earthquakes.

    Spokesperson Eyal Aharoni says the development will definitely help the city, particularly the downcast Courtenay Place.

    © 2025 Newstalk ZB, NZCity


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     16 Sep: Otago has emerged as the most expensive region in New Zealand, for renters
     16 Sep: Watties has explained its decision to suddenly end contracts with local peach suppliers
     Top Stories

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     Today's News

    		 Environment:
    MetService has updated its weather warnings for the South Island and issued extra wind watches for Marlborough and Christchurch 16:47

     Rugby:
    The return of Cam Roigard from a foot fracture headlines 13 players released by the All Blacks to NPC duty this weekend 16:37

     Entertainment:
    Kelsea Ballerini and Chase Stokes have reportedly split 16:31

     Rugby League:
    The Melbourne Storm's hopes of advancing to the NRL grand final have been given a major boost, with halfback Jahrome Hughes returning to training following a fractured forearm 16:17

     Basketball:
    Early adversity for the Breakers ahead of their Australian NBL season-opener against the Brisbane Bullets in Auckland on Friday 16:17

     Law and Order:
    Man admits he claimed to be Charlie Kirk gunman so real suspect could flee 16:07

     Entertainment:
    Derek Hough "can't wait" to become a dad 16:01

     Entertainment:
    The Studio made history at this year's Emmy Awards with an astonishing 13 wins 15:31

     Christchurch:
    A person's been flown to Christchurch Hospital, in a moderate condition, after strong winds blew a small truck over onto an oncoming car, west of Ashburton, just after 1pm 15:27

     Entertainment:
    Robert Redford's most notable movies with Jane Fonda, Barbra Streisand and Paul Newman 15:17

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