News | Business
17 Jan 2025 19:37
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   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

     Other Business News
     17 Jan: Banks are once again jockeying for position -- with ASB lowering its rates this morning, off the back of a move by Westpac yesterday afternoon
     16 Jan: ‘AI agents’ promise to arrange your finances, do your taxes, book your holidays – and put us all at risk
     16 Jan: Australia's unemployment rate has hit 4 percent, strengthening the case for a Reserve Bank rate cut
     16 Jan: Food price inflation is picking up again
     16 Jan: Kiwi retail investors are increasingly putting their money in US stocks rather than local ones
     16 Jan: All seven of Rotorua's emergency housing motels will stay open for now - but they must be shut down by the end of the year
     16 Jan: Retail investors are feeling more upbeat
     Top Stories

    RUGBY RUGBY
    All Black Wallace Sititi's knee surgery today will see him miss a chunk of the Super Rugby Pacific season More...


    BUSINESS BUSINESS
    Banks are once again jockeying for position -- with ASB lowering its rates this morning, off the back of a move by Westpac yesterday afternoon More...



     Today's News

    International:
    Live updates: Ceasefire back on track as Israel says it's reached deal with Hamas 19:27

    Entertainment:
    Bill Hader has been left "in shock" by the devastation caused by the Los Angeles wildfires 19:05

    Auckland:
    A man is in hospital in a moderate condition after falling during a fight between two men near Auckland's Newmarket train station 18:57

    Soccer:
    Aryna Sabalenka is putting her clutch third-round win at the Australian tennis Open down to her experience and mental toughness 18:47

    Cricket:
    A first win this season in cricket's Super Smash for the Central Hinds 18:37

    Entertainment:
    Melissa Rivers is putting on a brave face amid the traumatic Los Angeles wildfires 18:35

    National:
    The hidden health risk of having your hair washed 18:17

    International:
    Israel reaches deal with Hamas to return hostages, Netanyahu says 18:17

    Living & Travel:
    Confidence from the French SailGP team that their boat will finally be ready this season at the third event in Sydney next month 18:07

    Law and Order:
    A man's critically injured after an altercation outside a music event at Auckland's Trusts Arena 18:07


     News Search






    Power Search


    © 2025 New Zealand City Ltd