Hero developer buys Public Trust Building, plans to save and strengthen it

public trust

Wellington.Scoop
Wellington has another hero developer. He’s Maurice Clark, who has bought the Public Trust Building on Lambton Quay.

Hank Schouten reports the sale this morning in the DomPost. He says Mr Clark has taken on one of the city’s biggest renovation projects.

Schouten writes:

Clark, who has made a speciality of redeveloping a number of large old city buildings, said he was looking at a number of options, including possibly turning it into a boutique hotel, restoring it to office use or converting it into a function centre that would take advantage of its magnificent high, wide and ornate ground floor.

The building was purchased by Clark’s company Cheops Holdings, and his building company, McKee Fehl Constructors, is expected to do the strengthening work.

The baroque landmark Public Trust Building was built in 1909 and has a category one listing from the Historic Places Trust.

It’s been on everyone’s lists of the city’s heritage buildings which need to be saved and strengthened.

 

3 comments:

  1. TE, 14. January 2014, 9:20

    Thank you Maurice

     
  2. andy foster, 14. January 2014, 10:31

    very good news – thank you Maurice too. No question that the Public Trust Building is one of the top heritage buildings in Wellington and its highly prominent location only adds to that.
    Cr Andy Foster
    Chair Transport and Urban Development, Wellington City Council

     
  3. A. Omundsen, 14. January 2014, 11:41

    Very glad to hear that this beautiful landmark building is not only going to be preserved, but remain in active economic use. Great to see a developer keen to explore the financial benefits of utilsing a heritage asset.

     

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