'Lane’s flavour to be retained’
Chancery Lane’s essential individualistic character of small shops “doing their own thing” will be preserved in its redevelopment, according to the developers. The design of the shop fronts at ground level will be left to the tenants to preserve the character of the lane, said Mr Richard Smith, the managing director of Industrial Holdings, yesterday. Work would begin on the $2.25 million, two-storey building for the west side of the lane in March. The new Holy Cross Chapel would be build first, next to the AMP.
building, then work on the shops on the ground floor from the chapel to Gloucester Street would begin, he said. It was hoped to have the retailers back in their shops by Christmas next year. The first-floor restaurant and tavern would be practically ignored until the shops were finished, he said. . Net retail space on the ground floor will total 743 sq. m. The development is a joint venture by the company and N.Z. Meat Nominees, - Ltd, the pension fund of Waitaki N.Z. Refrigerating:
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Press, 31 October 1981, Page 6
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175'Lane’s flavour to be retained’ Press, 31 October 1981, Page 6
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