Wellington's Mayoral Drunk

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https://www.nzherald.co.nz/nz/weling...OGJBPW4HPW5E4/

Welington Mayor Tory Whanau admits secrecy around cinema deal went on too long

Wellington Mayor Tory Whanau has admitted the secrecy around the $32 million Reading Cinema deal went on for too long.

The deal is finally set to be discussed in public later this week after every councillor the Herald spoke to on Saturday indicated support for it to be aired.

The cinema building was closed in early 2019 after an earthquake risk was discovered and it has since become a symbol of the tired state of Courtenay Pl - a street that has traditionally been a key part of the nightlife and entertainment offering in Wellington.

The deal has always been discussed behind closed doors due to commercial sensitivity but details were first leaked in October 2023 and have since been widely circulated in the public domain.

The council plans to buy the land beneath the building for $32m, money which the cinema chain would use to strengthen the building and reopen the cinema and later have the option of buying the land back at the sale price, the Herald understands.

Whanau said she genuinely thought Wellingtonians would be happy with the deal.

“The reality is we’ve got this monstrosity of a building on Courtenay Place. It’s derelict. For me, it’s a symbol of where Courtenay Place is heading. We need that to be redeveloped and this will do that.”

Wellington Local Body Goon show at it again