Developer seeks rates penalties for building owners

KATIE CHAPMAN
Last updated 13:42 29/05/2012

Relevant offers

Commercial Property

Petone bulk retail potential recognised Wellington leaky home case could be settled for $270k DNZ cashes in on Ngauranga sales Huge Kmart store plan for Petone Developer snaps up Unilever site Home building dips in September quarter Westpac Stadium ready for revamp says designer Go-ahead for Hutt hotel development New notice due to fix leaky PwC building Waikanae set for growth

Rates penalties for building owners who refuse to earthquake strengthen their buildings should be introduced, a Wellington property developer says.

Ian Cassels, speaking on behalf of the New Zealand Property Council, addressed the Wellington City Council today as part of hearings for its draft long-term plan.

Among the most pressing concerns was earthquake strengthening, he said.

The city had to learn lessons from the Christchurch experience, and take steps to stop the central city becoming a ''wasteland'' in the event of a major earthquake, by introducing rates penalties and rebates for properties that need strengthening.

''I'm not talking about vast amounts of money, I'm talking about a vast amount of commitment. We need to commit to doubling the rates on people that don't comply, and halving the rates on people that do comply.''

In particular, Cuba St, which houses many earthquake-prone buildings had to be looked at through a ''Cuba St project''.

While the move was likely to be unpopular it needed ''vigour'', he said.

Asked by councillor Iona Pannett about the importance of preserving heritage buildings, he said retaining the buildings would be preferable, but some buildings might need to be prioritised over others.

''We love the buildings we own and we'd like to save them all, but if you can't, you can't.''

The submissions are continuing today and tomorrow before adjourning until Tuesday next week.

Ad Feedback

- The Dominion Post

Comments

Special offers
Opinion poll

Do you rent or own your home?

Rent alone

Rent with others

Own with mortgage

Own freehold

Vote Result

Related story: $1m-plus in unclaimed bonds

Featured Promotions

Sponsored Content