Property Council New Zealand's Wellington Branch has called the Wellington Town Hall a $43 million white elephant in a press release today, calling for Wellington City Council to reconsider its plans to earthquake strengthen the Category One heritage building.
President of Property Council's Wellington Branch Ian Cassels thinks the plan is unacceptable.
“Approximately $43 million of ratepayer funding is required to strengthen this building to a safe standard. With talk of a dying city taking the headlines, we need to choose whether to put this investment into the past or forward into our future," says Cassels.
"Before we recommit to saving the past, we must explore other opportunities which will help create a stimulating city centre. Wellington has much work to do to truly re-establish itself as a thriving capital city. We need to choose what will stay, and what can go, to ensure the long term health and safety of our citizens and to provide them with a commercially viable future for the city.”