BIG BUILDING PERIOD

Sun (Auckland), Volume II, Issue 526, 1 December 1928, Page 6

BIG BUILDING PERIOD

LAST YEAR’S FIGURES SURPASSED ACTIVITY OF 1928 Although no large building projects were planned during November, there Has been great activity during the 11 months of 1928, and a sum of £1,579,940 is involved in the building schemes so far put in hand. With a month to go, the 1927 total of £1,428,392 has already been passed, and perhaps this is a sign of the city’s financial revival. No large scheme is involved in the permits issued last month, but the principal ones were:—Additions to flats in Princes Street, for Davis. Consolidated; £12,764; classrooms for Sisters of Mercy, New Street, £11,557; and addition to Fairburn, Wright and Co.’s warehouse. Federal Street, £7,300. November of last year, with permits for schemes involving £245,633, has a big lead on last month’s £89,790, but included in the figures for November, 1927, were £65,000 for St. James Theatre, and £83,500 for the South British Insurance Company’s building in Sliortland Street. Unless there are some big undertakings anno*fnced this month. October, with its £452,515, will be the heaviest month of 1928, as against November, 1927. with £245,633.