News | Business
8 Dec 2025 14:55
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • 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
     08 Dec: A significant milestone for the country's wool sector, with an export deal signed
     08 Dec: Signs of a brighter economy in the year to come
     08 Dec: New Zealand's economic recovery is gathering steam - casting optimism for the year ahead
     07 Dec: Kiwifruit company Zespri, is confident about the growth potential of the US market - despite ongoing trade disruptions
     07 Dec: New direct flights from Auckland to Chengdu have the potential to boost our Chinese visitor market
     07 Dec: Many Kiwis are changing their online habits to avoid sophisticated AI scams
     05 Dec: Chris Luxon admits many Kiwis still haven't felt the economy turn a corner
     Top Stories

    RUGBY RUGBY
    The father of Tauranga teen running sensation Sam Ruthe has paid tribute to the long-term record-holder his son has consigned to history More...

    BUSINESS BUSINESS
    A significant milestone for the country's wool sector, with an export deal signed More...


     Today's News

    		 Entertainment:
    Elizabeth Olsen "romanticised" about being an old lady living in a "beautiful British seaside town" when she was a teenager 14:50

     Cricket:
    The Black Caps will definitely be fielding a fast-bowling debutant in the second cricket test against the West Indies starting in Wellington on Wednesday 14:37

     Entertainment:
    Emma Heming Willis dec lares Die Hard a Christmas movie 14:20

     International:
    Oscar Piastri praised as future formula 1 world champion by rivals 14:17

     Basketball:
    Basketball's bearded wonder James Harden is now in the NBA's top 10 scorers of all time 14:07

     Entertainment:
    Self Esteem's stance on having children has changed since she became a dog mom 13:50

     Law and Order:
    A school caretaker who gave a 13-year-old drugs and had child abuse material on his phone - has lost an appeal against his sentence 13:47

     International:
    Russia increases recruitment of foreign fighters through targeted social media campaigns 13:37

     Health & Safety:
    Children from a Christchurch daycare where some were burnt by chemicals accidentally put on a waterslide - are back at the centre today 13:27

     Law and Order:
    Otago Police say a man accused of lighting a Mosgiel shed fire was found with multiple unlicensed firearms and 150 rounds of ammunition 13:27

     News Search




    Power Search

    © 2025 New Zealand City Ltd