Five redevelopments get rates relief

The Dunedin City Council has signed off on rates relief worth more than $34,000 to support five heritage building redevelopment projects across the city.

Councillors voted to approve the support - at a cost to the council of $34,205.55 over two years - without debate at yesterday's full council meeting.

The relief was previously discussed during the non-public part of the council's finance committee meeting earlier this month.

The vote meant the owners of 218 Crawford St, 202 George St, 396 Princes St, 123 Vogel St and 43 Jetty St would all receive the relief, which could be followed by a rates freeze of up to three years.

The owner of 21 The Octagon, the home of the Ra Bar, missed out.

The rates relief will help Asia Pacific Hoperations, which plans to spend $1.4 million developing a microbrewery inside a rundown 130-year-old brick stable at 218 Crawford St.

It will also support Jon Leng, who plans to spend $520,000 refurbishing and reopening the Empire Hotel, and Chris Barnes, the man behind the $4million redevelopment of 123 Vogel St into five office and hospitality spaces.

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