Coronavirus: Setback for Invercargill CBD development as demolition stops - News Summed Up

Coronavirus: Setback for Invercargill CBD development as demolition stops


John Hawkins Invercargill Central Ltd director Scott O'Donnell concedes they are now unlikely to hit their opening target date for Invercargill's city block development as demolition stops. READ MORE:* Relief for CBD developer as demolition starts in Invercargill* Planned Invercargill CBD development reaches High Court in Christchurch* The demolition delay for the Invercargill CBD project will cost thousands each weekHowever, Invercargill Central Ltd director Scott O'Donnell said that date was always going to be tight and with the latest delay February 2022 was now unlikely. Kavinda Herath /The Southland Times /Stuff-Invercargill CBD demolition work from Kelvin StThe demolition, which started in January, was initially estimated to take four to six months, but contractors Ceres NZ was preparing on Tuesday to stop work as part of the lockdown. On top of the delay of demolition work, the shut down of businesses is expected to hit the retail sector hard and in turn, cause further challenges for Invercargill's inner-city developers. While the coronavirus situation had put further pressure on the inner-city development, O'Donnell suggested it was simply a delay.


Source: Stuff March 24, 2020 01:30 UTC



Loading...
Loading...
  

Loading...