Property mogul Sir Bob Jones plans to take the timber industry to new heights, by erecting the world’s tallest wooden office building in central Wellington.

Jones has announced plans to demolish the Leader’s Building on Featherston St, to make way for a new 12-storey office block. Standing 52 metres tall, it is due to be completed in 2018.

A property investor estimated to be worth $750 million, with buildings in New Zealand, Australia and the United Kingdom, Jones rarely constructs buildings himself.

He described the development as “an indulgence”, driven by frustration at poorly designed buildings.

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Artists impression of Jones’ new wooden office tower, complete with bronze-tinted glass windows. PHOTO: STUDIO PACIFIC ARCHITECTURE