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Kumutoto Develpment Update

Took these pics on my cellphone this afternoon, the bridge now looks fully completed and additional landscaping has been completed since my last update.









 

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Mt Cook supermarket

Higher density residential sounds promising.:banana: Hopefully they come up with a good design.
Mt Cook demolition gets nod
LANE NICHOLS - The Dominion Post | Wednesday, 19 December 2007

Foodstuffs has approval to start demolishing buildings in Mt Cook – including the historic Boys and Girls Institute – to make way for a supermarket and residential development.

But the move comes as residents step up their fight against the proposal, presenting a 1428-signature petition to Wellington City Council.

The council gave approval yesterday for Foodstuffs to bring in the bulldozers in Rugby and Tasman streets, signing off a building consent for demolition work to begin.

But in an e-mail to councillors this week, council development guidance manager Dougal List expressed concern about Foodstuffs starting demolition work before it had even applied for resource consent for the development.

"It may lead to the site standing vacant for some time," he warned.

"It appears, however, that there may be little the council can do to stop this, except to ask Foodstuffs to hold off . . . in the spirit of cooperative working and not blighting this part of the city for a considerable period."

Foodstuffs' building consent application met Building Act requirements and the council had to issue it, Mr List wrote.

The consent was granted with the condition that potential contamination issues at the site be investigated.

An application for the proposed supermarket was not expected till at least April.

Peter Cooke, a spokesman for residents' group Mt Cook Mobilised, said the petition would be presented to the council today. Signatories were opposed to Foodstuffs' plans and concerned about the 93-year-old institute being pulled down before the development was approved.

The institute building has housed a pool and swimming school for 1800 learner swimmers. "We have concerns about the scale of the supermarket development – which includes two blocks of apartments and a petrol station – its impact on traffic, and whether it will fit in with the character of Mt Cook."

The institute and nearby YMCA were community resources that residents were upset about losing.

Foodstuffs spokesman Wayne O'Styke said the company wanted to start demolition work because of the fire danger and the cost of maintaining vandalised buildings.

Concept designs were still being finalised because council officers wanted "higher density residential" at the site.

The demolition area would be kept tidy till building began.
 

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How good is that Kumutoto area looking - awesome.

Great shots NZman.

While I can think of plenty of other things I would have preferred on that site where the shed is, I can't wait till the Hilton is built. Will be the final piece in the jigsaw....
 

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^^ Indeed it is. Scaled down somewhat from the radical concept proposal, but still not just another expressionless concrete lump.

Metropol Apartments
 

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From the DomPost

Saturday, 22 December
'Green village' plan for Tory St

Property investor Ian Cassels has paid more than $30 million for Telecom's Aldgate Centre and unveiled plans to turn the Tory St property into a "sustainable urban village".

Mr Cassels' firm The Wellington Company has paid "significantly more than $30 million" to buy the four buildings.

He plans to turn the complex into one in which people can live in apartments and work in offices. It could also include a retirement village and shops.

He said such a development was consistent with the worldwide trend for sustainable development, by which all needs - including food, shelter and entertainment - were within walking distance. That would limit the environmental destruction caused by commuting.

"The only good way to transport people is for them to use their legs." The Wellington Company intended buying three or four electric cars to enable tenants to travel around town.

However, the timing of redevelopment will depend on the needs of tenants. Most leases expire in 2010, but tenants have rights of renewal.

Mr Cassels said the property "was magnificent in terms of location", being close to Courtenay Place, Waitangi Park and Te Papa. "Tory St is progressing like a tsunami at 100 miles an hour. It's become a very popular part of town."

The price was well above the valuation of $21 million. But Mr Cassels said valuations were always out of date, as they reflected past transactions. "We're comfortable with the price we paid."

He said the price was just over $2000 a square metre, whereas apartments in the area were fetching more than $6000.

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Final curtain for Il Casino
The Dominion Post | Saturday, 22 December 2007

A company that owned what was Wellington's best known Italian restaurant has been put into liquidation.

Il Casino Ristorante Ltd owned the former Il Casino restaurant in Tory St. The restaurant was opened by Remiro Bresolin in 1976.

It closed for a refurbishment in 2006. But after Mr Bresolin was diagnosed with lung cancer it never reopened. Mr Bresolin died last March.

In September 2006 the building was sold for $2.25 million to developer Andrew Fawcet, of Globe Holdings, best known for apartment developments. Mr Fawcet is still considering options for the site.

Karori accountant Terry Bastion, who is acting as liquidator, said the Bresolin family decided to have the company liquidated because there was no longer a business or any assets. It was a solvent liquidation, meaning the company had not been in financial difficulty.

Mr Bresolin's son Lorenzo declined to comment.
 

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Location of proposed Serepisos Tower?

I believe the concrete block at the centre bottom of the photo below is the site of the Serepisos Tower proposal. It's currently occupied by part of Capital on the Quay, at 256-272 Lambton Qy:

 

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^^ As requested.

 

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'Green village' plan for Tory St
COLIN PATTERSON - The Dominion Post | Saturday, 22 December 2007

Property investor Ian Cassels has paid more than $30 million for Telecom's Aldgate Centre and unveiled plans to turn the Tory St property into a "sustainable urban village".

Mr Cassels' firm The Wellington Company has paid "significantly more than $30 million" to buy the four buildings.

He plans to turn the complex into one in which people can live in apartments and work in offices. It could also include a retirement village and shops.

He said such a development was consistent with the worldwide trend for sustainable development, by which all needs - including food, shelter and entertainment - were within walking distance. That would limit the environmental destruction caused by commuting.

"The only good way to transport people is for them to use their legs." The Wellington Company intended buying three or four electric cars to enable tenants to travel around town.

However, the timing of redevelopment will depend on the needs of tenants. Most leases expire in 2010, but tenants have rights of renewal.

Mr Cassels said the property "was magnificent in terms of location", being close to Courtenay Place, Waitangi Park and Te Papa. "Tory St is progressing like a tsunami at 100 miles an hour. It's become a very popular part of town."

The price was well above the valuation of $21 million. But Mr Cassels said valuations were always out of date, as they reflected past transactions. "We're comfortable with the price we paid."

He said the price was just over $2000 a square metre, whereas apartments in the area were fetching more than $6000.
 

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From the DomPost

Source:
Dominion Post, The; 15/12/2007, pC10

Time is right for a makeover

Edition: 2, Section: BUSINESS, pg. C10

~~~~~~~~

Colin PATTERSON

COMMERCIAL PROPERTY

ONE of Wellington's first high-rise buildings is to have a makeover that will almost double its size.

The revamp will be done to 61-63 Molesworth St, Thorndon, next to the Wellington Cathedral of St Paul.

The high-rise was built in the early 1960s and, over the years, it has had several names including ICI House and Deloitte House.

However, Deloitte moved to Customhouse Quay in 2005. The building's office space is now fully leased to the Inland Revenue Department.

John Crone, from building owner St Laurence Group, said the revamp would start as soon as the department's lease expired in January 2009.

Two floors would be added and the building extended over the car park to the south and to the north.

Average floor plates would increase from 680 to 1300 square metres. Mr Crone said the revamp would add 7000 square metres to the building, increasing the amount of net lettable office space to 11,580 square metres.

He described the makeover as "a total rebuild . . . All that will be left from the original building are some parts of concrete".

Mr Crone said the revamp was absolutely essential.

The existing building was not efficient and no longer provided the type of premises sought after by modern tenants.

The revamp is expected to be completed in October 2010.

Mr Crone said new tenants had yet to be signed up, but he was in talks with a prospective government tenant.

However, he pointed out that the revamped building would have a lot to recommend it.

"The location is absolutely superb. It is one of the best positions within the parliamentary precinct."

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CAPTION:

Sitting pretty: The building at 61-63 Molesworth St is close to Parliament.
 
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Welly is pumping .... any pics of the above-mentioned building in its current state ?
 

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Nope, not yet. It's been held up by local residents' concerns and also the discussion of whether it should be in Kilburnie(as above) or near westpac stadium.
 

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Cheers :) The pictures of Welly you guys keep posting help to keep my homesickness going. But of course it's my choice to look at them and i look foward to seeing more updates. *hint hint*

Those Daly st apartments are really quite spiffy. Perhaps an example of things to come for the Hutt?
 

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I hope they build that new events centre near the stadium and not Kilbirnie - and once it's built maybe they can demolish the Queens Wharf Events Centre as well :bash:
 

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Indoor Sports centre

I hope they build that new events centre near the stadium and not Kilbirnie - and once it's built maybe they can demolish the Queens Wharf Events Centre as well :bash:
It's not really a "new events centre"; more of a community sports centre. That is, it's aimed at inter-school games rather than netball internationals or region basketball matches. I've always been against siting it out in Kilbirnie, but if the focus indeed on school/community facilities, then this could be a sensible way of serving the local needs of the Eastern Suburbs.

However, we do still need a proper regional indoor sports stadium, and let's hope that that (if it ever happens) does get built near the existing Westpac Stadium. I'm not holding my breath, though!
 
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