Otago Daily Times

Sale of derelict buildings positive

- HAMISH MACLEAN hamish.maclean@odt.co.nz

THE sale of derelict Princes St buildings will attract local interest, a Dunedin city councillor and heritage advocate says.

Cr David BensonPope yesterday embraced the news the vacant block in 372392 Princes St was going on the market as positive news for a part of Dunedin that was starting to see a surge in redevelopm­ent.

Two years ago, he criticised the inaction of Christchur­ch developer Luke Dirkzwager in redevelopi­ng the Princes St buildings, which have been empty since about 2009.

‘‘It will be good to see this area getting attention after all the delay,’’ Cr BensonPope said.

‘‘I know there’s interest, there has been interest for a long time.

‘‘Anyone with a vision for heritage protection . . . sees that that area is screaming out for some really good redevelopm­ent and there is lots of it starting to happen already.’’

The stalled developmen­t was the worst among a few in the city centre where owners had allowed buildings with heritage value to deteriorat­e.

Two years ago, the Otago Daily

reported plants were growing in rotted carpet, floors had caved in and the stench of decay was perceptibl­e from outside the buildings’ locked doors.

In 2008, Mr Dirkzwager proposed demolishin­g the buildings and replacing them with a fivestorey building with 15 apartments and retail space on the ground floor.

The move was opposed during resource consent hearings but in 2014 he won Environmen­t Court approval to demolish them, as long as he retained three of the buildings' four historic facades.

His resource consent is valid until 2021.

Mr Dirkzwager said the decision to sell was made simply because one of the three members in the ownership group died and the person who took over the shares did not want to continue with the project.

‘‘It was an economical decision, to be honest, nothing else,’’ he said.

 ?? PHOTO: GREGOR RICHARDSON ?? To market . . . A Christchur­ch developer has confirmed he will sell rather than develop his deteriorat­ing Princes St properties.
PHOTO: GREGOR RICHARDSON To market . . . A Christchur­ch developer has confirmed he will sell rather than develop his deteriorat­ing Princes St properties.

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