NEW INSURANCE BUILDING.

Dominion, Volume 7, Issue 1890, 27 October 1913, Page 6

NEW INSURANCE BUILDING.

— NEW ZEALAND COMPANY'S ENTERPRISE. (By Telegraph. - Special Correspondent.) Auckland, October 20. Tho board of directors of the New; Zealand Insurance Company his deeijod to erect a new building oil tlio sit<» of tho" present offices well-known as tho location of tlio 'Auckland Sloek Ex* cliango. Mio laud has a frontage to Queen Street of 66 feet, and to Mills Lano of 127 feet, and to Es<;kaiigo Jxiiu 3S, foot, making a total area of 12,500 ssjvaro feet. Tho inarch of progress will, as usual, moan the demolition of a _\vol l-ltjio \vn landmark, namely the original town clock in tlio tower of tlioNew Zealand Insurance Jhiildings. When that building 'was put up in 1809 it was considered an ovidorico that Auckland was goiiijj ahead by leaps and bounds. The designing of tile iiew building was placed by the directors in t'lic hands of Messrs. lioggafd and Prousp, Wellington aiid Mr \V. 11. Quiumor, A.1M.8.A., tlio latter being an Auoklandor, It has been decided that tho. building shall bo of sovoii stories, with skeleton steel, frame r.iid roinforeeu ■concrete walls, floors, and panels, It i.a estimated that t'lie cost of tlio building will bo about £50,000. Tho first four floors will be approached by a commanding ontraneo of marble, alid aro to bo utilised for tlio head and / branch office of tho New Zealand Insurance' Company, Tlio bo;vttJ room it to liitvo two electric lifts and everything will ho tip-t<Mkl6, so that this new block of buildings will bo quite an addition to Queen Street. The demolition of the present Insurance Buildings entails Hie Auckland Stock Ex* cDilnge finding ether auarters.