Strategy Divestment Update
1982
the Act
Gordon Wilson
under
The Gordon Wilson Building comprises 87 units lying vacant in critical disrepair on The
Terrace in the Wellington Central Business District.
McLean Flats
Information
McLean Flats comprise of 18 vacant units also in critical disrepair located adjacent to the
Gordon Wilson Building.
Gordon Wilson and McLean Flats were vacated in May 2012 following an initial seismic
and strength assessment rating below the National Building Standard, and identification
Released
of falling masonry risk.
Official
1
1982
The Gordon Wilson Flats are set back from The Terrace and are surrounded by a bush back-drop below the Victoria
University ridgeline. To the left front of the building are the Donald McLean Flats, a 1940s Moderne-styled block which
was constructed a decade earlier.
the Act
Initial Offer
9(2)(i),9(2)(j)
under
Information
HNZ Board Directive
9(2)(i),9(2)(j)
Released
Official
2
4.
9(2)(i),9(2)(j)
Right Of First Refusal
9(2)(h)
1982
the Act
under
Information
Market Valuation
9(2)(i),9(2)(j)
Released
Official
3
9(2)(i),9(2)(j)
Discussions with VUW
9(2)(i),9(2)(j)
1982
the Act
under
Information
VUW Formal Offer
9(2)(j)
Released
Official
9
(
2
)
(
i
)
,
9
(
2
)
(
j
)
Figure 2 – VUW offer compared to valuation advice.
9(2)(j)
9(2)(i),9(2)(j)
1982
Act
the
under
Next Steps
• 9
(
2
)
Information
(
i
)
,
9
(
Released
2
)
(
Official
j
)
5
Proposed McLean Flats development
Asset Developments met with Wellington Council planners on 03 October 2013 to
discuss the McLean Flats. Council response was positive - agreeing that up to 32 units
could be delivered on the site. The best-case scenario is a non-notified consenting
process, with worst-case being a limited notification.
Council agreed with the proposed number of units and reduced car-parking. The design
of the building and the impact on the frontage, layout on site, and the landscaping will
determine whether the consent application will be non-notified or have a limited
notification.
Social assistance for high needs tenants are indicated in Figure 3 with a horticulture
training centre supported by a social agency.
Figure 3 - Concept plan of 32 unit McLean Flats
Site
1982
the Act
under
Information
Released
Official
6
Figure 4 – McLean and Gordon Wilson site boundaries
1982
the Act
under
Information
Released
Official
7