Eye of the Fish
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Wellington Construction corpses
- Eye of the Fish
- The DomPost reported recently that Wellington Construction Ltd has bit the dust, owing various creditors money as it dissolved into a pile of construction rubble. We’re saddened by that, but its not completely unexpected: you run with wolves, you might just get bitten: although in this case its not really clear who is doing the biting. The saviour of Wellington football club Phoenix, our favourite spiky-haired developer Terry Serepisos has been hit by collateral damage - WCL were building Terry’s Century City development, leaving it in a state of limbo. Perhaps it may even have a a roll-on effect on the next Serepisos project in Dixon St. So, is this the start of the end of Wellington’s construction boom, or is it completely unrelated?
- Tagged as:
- architecture
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Tagging votes
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