Crowne Plaza land back to council
A decision by the owner of the Crowne Plaza Hotel in Christchurch not to rebuild the earthquake-damaged building will see the land ownership revert to the city council.
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A decision by the owner of the Crowne Plaza Hotel in Christchurch not to rebuild the earthquake-damaged building will see the land ownership revert to the city council.
IHG announced last week it would not rebuild the on the city leasehold land due to construction costs (the market for accommodation was arguably over supplied pre-earthquake).
The building, which marks the northwest gateway to the central business district, was controversial when it was built on the end of Victoria Square, because it restricted sunlight to the rest of the square.
There are no plans yet for the site. The new draft city rebuilding plan still designates the site for accommodation.
Chris Hutching
Tue, 23 Aug 2011
Tue, 23 Aug 2011
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Crowne Plaza land back to council
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