Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search


Local developer chosen in a build/leaseback agreement

Local developer chosen in a build/leaseback agreement on regional council’s new Masterton building

Greater Wellington Regional Council has agreed in principle to sell its former Masterton office to local property development company Endeavour Concepts Limited, which will develop a new building and lease it to Greater Wellington.

The regional council’s former Masterton offices, at 34 Chapel St, have only been used for meetings since October 2018. The front part of the Chapel St main office building has an earthquake rating of just 45% New Building Standard (NBS) and the rear part of 35-40% NBS.

“It’s not a safe or efficient building, and our duty of care to staff and visitors requires us to provide safe accommodation. Other than its seismic condition, the building also dates from 1966 and is effectively nearing the end of its functional and economic life,” says Cr Adrienne Staples.

“While designs are yet to be completed, we’re looking at leasing a robust sustainable new building with reduced overall energy consumption, designed incorporating some key environmentally sustainable initiatives. It will also smarten up the Chapel St streetscape.”

Greater Wellington has owned and occupied the main Masterton office building at 34 Chapel St since acquiring the property from Masterton District Council in 1989. In 2004, the adjoining property at 24-26 Chapel St was purchased for future redevelopment of the combined sites for a new Masterton office.

As part of the RFI and RFP process Greater Wellington considered several options, including:

· Searching the open market for new or existing building leases, including staying on long-term at the Departmental Building

· GWRC developing its own new building on the existing site

· Selling the existing property to a developer and leasing back the new building on the site.

Following detailed analysis of the three options, the last was chosen.

Greater Wellington staff work from temporary alternative office accommodation on level four of the Departmental Building where we have been operating since October 2018 with a lease in place to April 2021.

Details on the final design and date of completion of the new building are yet to be finalised.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Our Unreal Optimism About The Economic Impact Of Coronavirus

At this week’s Chinese New Year celebrations, PM Jacinda Ardern was resolutely upbeat that business with China would soon bounce back to normal – better than ever, even - once the coronavirus epidemic has been brought under control. To Ardern, the adversity has only accentuated just how close we are to Beijing Nothing wrong with being upbeat, if it can calm the nerves and turn business sentiment into a self-fulfilling prophecy. The problems begin when the optimism detaches itself from reality. What has been very odd so far about the coronavirus episode is that global share markets – normally spooked by mere sneezes or sniffles in the world’s major economies - have continued to be fairly positive, even as the epidemic has unfolded... More>>

First Published on Werewolf here


Vaping: Government To Regulate Products

No sales to under-18-year-olds No advertising and sponsorship of vaping products and e-cigarettes No vaping or smokeless tobacco in smokefree areas Regulates vaping product safety comprehensively, - including devices, flavours and ingredients Ensure ... More>>


Gordon Campbell: On The Political Donations Scandals
Even paranoids have real enemies. While there has been something delusionary about the way New Zealand First has been living in denial about its donations scandal, one can sympathise with its indignation about Paula Bennett and Simon Bridges being among its chief accusers. More>>


UN Expert: NZ Housing Crisis Requires Bold Human Rights Response

This is a press statement from UN Special Rapporteur on the right to housing at the end of her 10-day visit to New Zealand. The Government of New Zealand has recognized that the country is facing a housing crisis, said Leilani Farha, UN Special Rapporteur ... More>>


2020 And Beyond: National’s Economic Plan

National Leader Simon Bridges has today outlined National’s economic plan heading into election 2020. “National understands the economy and how it impacts on New Zealanders day to day lives... More>>






InfoPages News Channels