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The Otago Daily Times understands the board of construction company Calder Stewart will meet early next month to make a final decision on the purchase of the old ground.
The company has a conditional deal with the Dunedin City Council to buy the stadium for $3.3 million, but is yet to confirm the purchase.
Dunedin Mayor Dave Cull could offer no update yesterday, and neither could council staff. Calder Stewart development director Alan Stewart could not be contacted.
However, the ODT was told the decision would be made in early July and the company still planned to all but clear the site for an industrial development.
The only feature that would be spared - at least for now - was the category one-listed Neville St turnstile building, which could be protected by a covenant being discussed by the council and the New Zealand Historic Places Trust.
Calder Stewart was last month granted two building consents allowing demolition of the Speight's, Neville St, Rose and Railway stands, along with the terrace hospitality complex.
It was not yet clear what would happen to the stadium's remaining fittings, including the goal posts, turf and seats.