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31 Jan 2025 8:15
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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


    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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     Today's News

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    Business:
    The Trade Minister believes New Zealand exporters will do well during the Donald Trump presidency 7:47

    Golf:
    Golfer Lydia Ko is tied for 14th during the first round of her opening LPGA event of the season 7:37

    Rugby:
    First-five Sam Prendergast has been named to make his Six Nations debut for Ireland's opening match against England in Dublin on Sunday 7:37

    Rugby League:
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    Entertainment:
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