$250m plan for site

A $250 million development has been confirmed for a piece of prime real estate in Wellington that has sat empty since the Kaiko¯ ura earthquake. The site on 61 Molesworth St is currently used as a car park after the previous building was deemed at risk of collapse and had to be demolished. Now an 11-storey building is set to take shape on the site and become home to the Ministry of Foreign Affairs and Trade, which will lease the development’s commercial space. The new 24,000sq m office building will also have ground-floor amenities including a lobby cafe, meeting suites and endof-trip facilities.