BANK AND WAREHOUSE.
NEW BUILDING SCHEMES. CONFIDENCE IN NAPIER. (By Telegraph.—Own Correspondent) NAPIER, Tuesday. Proposals for rebuilding announced to-day by two companies are regarded by tho citizens as an indication of confidence in the future of Napier. The first is that of the Bank of New Zealand, in regard to which there has been keen interest for several months past. It was officially stated to-day that the bank would shortly erect a block of new office premises.
Tho other announcement is that Ross and Glcndining, Ltd., will erect new premises in Tennyson Street, on a property recently purchased. Neither the bank building nor Ross and Glendining's warehouse will occupy their former sites, and the fact that the bank is to build on a corner property in the heart of the business area has given rise to some mild criticism, principally because three of the four corners at the intersection of Emerson and Hastings Streets will be occupied by bank offices, the Union and the National having already ■ announced their intentions of rebuilding on the corners which they held before the earthquake. In spite of the criticism, however, the Bank of New Zealand's announcement is welcomed.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19320803.2.161
Bibliographic details
Auckland Star, Volume LXIII, Issue 182, 3 August 1932, Page 15
Word Count
195BANK AND WAREHOUSE. Auckland Star, Volume LXIII, Issue 182, 3 August 1932, Page 15
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.
Log in