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3 Feb 2025 21:40
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      Home > News > Politics

    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


    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

     Other Politics News
     03 Feb: More details could be coming this week about the procuring company for the Inter Islander ferries
     03 Feb: New Zealand's Trade Minister isn't speaking out against Donald Trump's tariffs just yet, but admits they'll impact Kiwi businesses
     03 Feb: A Christian care residence's under fire, over breaches of patient and legal rights
     03 Feb: The Prime Minister's revealed he'll be spending this year's Waitangi Day in the South Island
     03 Feb: KiwiSaver shakeup: private asset investment has risks that could outweigh the rewards
     02 Feb: The Prime Minister's yet to reveal where he will spend Waitangi Day
     02 Feb: Police are sending hundreds of workers into earthquake-prone buildings, despite significant safety risks identified
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