The New Zealand Herald

Restoratio­n work

St James upgrade on track despite setback

- Anne Gibson property editor anne.gibson@nzherald.co.nz

Work upgrading Auckland’s historic St James Theatre is continuing, despite the cancellati­on of a $250 million associated apartment tower, says a key figure in the project.

Steve Bielby, co-developer of the planned 39-level St James Suites abandoned last year, said yesterday that the Queen St theatre restoratio­n was on track.

“Works are still happening at the theatre in my absence,” he said, referring to being away from June 30 until September 18.

A seismic upgrade, new roof, new lighting, installati­on of sprinkler sys- tems, new air-handling systems and new seats and carpet are planned at the theatre.

The Herald reported last year that it could reopen as early as this year but that now seems unlikely.

Bielby described what had been achieved so far, fixing the walls and ascertaini­ng the scope of further works at the theatre built in 1928 and opened in 1929.

“The north and east walls have been fully repaired. The investigat­ion works have been 95 per cent completed,” he said.

In November 2015, Auckland Council agreed to pay $15m towards the $60m to $70m cost of restoring the heritage building.

Bielby said repairs would stop soon.

“Work will shortly halt while the final design is consented. Then it is our intent to get into more of the ground works and new base isolation system which we have already purchased the isolators for and are in New Zealand,” he said, referring to the seismic system.

In December, Relianz Holdings abandoned the 39-level, 309-unit St James Suites on Queen St beside the historic theatre because of funding problems.

Relianz is a vehicle of Aucklandba­sed Lijun Li and his family which bought the theatre and adjacent land. Part of the planned new tower was to be used to make the St James compliant on aspects such as access and toilets.

A Relianz statement just before Christmas spelled out the issues which caused the tower to be cancelled.

“. . .despite significan­t efforts to secure replacemen­t funding to allow the project to progress, difficult lending market conditions mean it has not been able to reach a feasible solution. Unfortunat­ely, this means the St James Suites apartment developmen­t is not currently viable and the developmen­t is on hold until further notice,” the statement said.

It said buyers would get their deposits back in full, plus interest.

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 ?? Picture / Nick Reed ?? Hnzherald.co.nz for video go to nzherald.co.nz/ business Developer Stephen Bielby says work on the historic theatre is continuing.
Picture / Nick Reed Hnzherald.co.nz for video go to nzherald.co.nz/ business Developer Stephen Bielby says work on the historic theatre is continuing.

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