PHOTO: Fenced off and empty, the five-story building previously known as BNZ Harbour Quays, is to be demolished, owners CentrePort said

Almost two years after it was closed due to earthquake damage, the landmark former BNZ building on the Wellington waterfront is coming down.

Owners CentrePort confirmed on Friday that the company had finally struck a $170 million deal with insurers, clearing the way for what was known as BNZ Harbour Quays to be demolished.

Completed in 2009, the five-storey, 21,000 square metre Harbour Quays building, owned by CentrePort, has sat empty since the the November 2016 Kaikōura earthquake. It once had a rateable value of $95 million.


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