Tag Archives: NZ Loan and Mercantile Agency Co Ltd Building

NZ Loan and Mercantile : Concept and master plan by architect Paul Ries

Letting the building “tell its story”, involves retaining and keeping exposed as many historic features as possible.

### ODT Online Wed, 4 May 2016
Redevelopment revised (+ video)
By Vaughan Elder
Owner Russell Lund’s previous plans to redevelop the three-storey 143-year-old heritage warehouse building in Thomas Burns St involved building 24 long-term apartments on the top floor, but he told the Otago Daily Times yesterday he had changed tack. He has brought over United States architect and friend Paul Ries, who has drawn up ambitious plans to convert the two top floors into more than 50 short-stay apartments, with the ground floor used as a commercial space.
Read more + Gallery

Otago Daily Times Published on May 3, 2016
Dunedin Loan and Mercantile building

LM Building - site plan
█ Site Plan and Images: Paul Ries | Supplied by Russell Lund

LM Building - south exterior elevationLM Building - lateral sectionLM Building - tracery promenade and coffee shopLM Building - brew pub and restaurant

Related Posts and Comments:
6.8.15 NZ Loan and Mercantile Building —meeting tomorrow
13.3.15 Making heritage work | Dunedin New Zealand
28.11.14 NZ Loan and Mercantile Building —Resource Consent granted (pics)
26.11.14 Retraction (see comment on ‘Heritage Counts’)
26.9.14 NZ Loan and Mercantile Building —what ESCO said!
30.8.14 NZ Loan and Mercantile Building: Looking round at potential
18.8.14 NZ Loan and Mercantile Building #randomsmartphonepix (interiors)
17.8.14 Public Notices: NZ Loan and Mercantile Building… (site tour, hearing)
13.8.14 Chamber’s Own Goals —Heritage (letters)
11.8.14 NZ Loan and Mercantile Building (audio)
8.8.14 NZ Loan and Mercantile Agency Co Ltd Building…
18.3.14 Dunedin Harbourside: English Heritage on portside development
21.10.13 Harbourside: Access to a revamped Steamer Basin has public backing
24.10.09 Rodney Wilson: Dunedin as national heritage city

█ For more, enter the terms *harbourside*, *heritage* or *lund* in the search box at right.

Posted by Elizabeth Kerr

R Lund & P Ries 1Building Owner | Architect

9 Comments

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Esco —‘just the global hardball player we always were’, sorry staff….

Esco Dunedin was among a group of neighbouring businesses objecting to Russell Lund’s plans to redevelop the 142 year old Loan and Mercantile building, citing reverse sensitivity concerns, including over noise. The outcome of Environment Court mediation talks was yet to be revealed, but Mr Kershaw said the issue played no part in the company’s decision. (ODT)

### ODT Online Wed, 2 Sep 2015
Foundry closure ‘a blow’
By Chris Morris
Australia’s mining downturn is set to deliver a “real blow” to Dunedin’s economy with the closure of the Esco foundry and the loss of dozens of jobs. Staff at Esco Dunedin were told yesterday the foundry would close by the end of the year, with the loss of 34 jobs. Esco products division president Jeff Kershaw, of Portland, in the United States, said in a statement the decision reflected a downturn in Australia’s mining industry that showed no sign of letting up.
Read more

TWO THINGS

█ Remember when Esco pushed this button (highlighted) at the NZ Loan and Mercantile Building resource consent hearing:

ODT Online 20.8.14 'Demolition threatened; job loss possibility raised' [screenshot] 1
ODT Online [screenshot]

█ From file records, see Russell Lund’s percipient closing to hearing:

[para] 102. The biggest hurdle would seem to be the decline of the Australian coal mining industry. I refer to a Guardian article May 5, 2014 Australian Coalmining entering structural decline.

116. Esco have a large foundry operation in China. They employ 675 people in China.

117. I am very sure the production costs of Esco’s Chinese foundries are markedly less than in Dunedin, Portland or anywhere else. That is the ticking clock for the Dunedin foundry, and other Esco foundries.

118. The bottom line is that Esco will operate this small Dunedin foundry only as long as it serves their shareholders’ interests. If the market conditions dictate that consolidation is required and it is surplus to requirements, then they will act swiftly, as they did in Brisbane.

LUC-2014-259 RV Lund Applicant Right of Reply 22.9.14
(PDF, 6 MB)

Related Posts and Comments:
6.8.15 NZ Loan and Mercantile Building —meeting tomorrow
13.3.15 Making heritage work | Dunedin New Zealand
7.1.15 Industrial Heritage Save: Cowes Hammerhead crane
28.11.14 NZ Loan and Mercantile Building —Resource Consent granted
26.11.14 Retraction (see comment on ‘Heritage Counts’)
● 26.9.14 NZ Loan and Mercantile Building —what ESCO said!
30.8.14 NZ Loan and Mercantile Building: Looking round at potential
18.8.14 NZ Loan and Mercantile Building #randomsmartphonepix (interiors)
17.8.14 Public Notices: NZ Loan and Mercantile Building… (site tour, hearing)
13.8.14 Chamber’s Own Goals —Heritage (letters)
11.8.14 NZ Loan and Mercantile Building (audio)
8.8.14 NZ Loan and Mercantile Agency Co Ltd Building…
18.3.14 Dunedin Harbourside: English Heritage on portside development
21.10.13 Harbourside: Access to a revamped Steamer Basin has public backing
16.3.10 Public meeting: planning the future of Dunedin heritage buildings
24.10.09 Rodney Wilson: Dunedin as national heritage city

█ For more, enter the terms *loan and mercantile*, *heritage*, *bradken* or *harbourside* in the search box at right.

Posted by Elizabeth Kerr

8 Comments

Filed under Architecture, Business, Construction, DCC, Democracy, Design, Economics, Geography, Heritage, Media, Name, New Zealand, People, Politics, Project management, Property, Site, Town planning, Urban design

NZ Loan and Mercantile Building —meeting tomorrow

IMG_5604a11bw12a

“You can’t be too confident, but if we’re all reasonable I think an agreement is definitely within reach.” –Russell Lund

Farra Engineering chief executive John Whitaker agreed yesterday when contacted there had been “good work” during mediation.

### ODT Online Thu, 6 Aug 2015
Extra conditions may rescue project
By Chris Morris
Plans to breathe new life into Dunedin’s historic Loan and Mercantile building could be about to take a significant step forward. Building owner Russell Lund will meet a group of neighbouring harbourside businesses, as well as Dunedin City Council and Otago Chamber of Commerce representatives, tomorrow to discuss the stalled project.
Read more

Related Posts and Comments:
13.3.15 Making heritage work | Dunedin New Zealand
28.11.14 NZ Loan and Mercantile Building —Resource Consent granted (pics)
26.11.14 Retraction (see comment on ‘Heritage Counts’)
26.9.14 NZ Loan and Mercantile Building —what ESCO said!
30.8.14 NZ Loan and Mercantile Building: Looking round at potential
18.8.14 NZ Loan and Mercantile Building #randomsmartphonepix (interiors)
17.8.14 Public Notices: NZ Loan and Mercantile Building… (site tour, hearing)
13.8.14 Chamber’s Own Goals —Heritage (letters)
11.8.14 NZ Loan and Mercantile Building (audio)
8.8.14 NZ Loan and Mercantile Agency Co Ltd Building…
18.3.14 Dunedin Harbourside: English Heritage on portside development
21.10.13 Harbourside: Access to a revamped Steamer Basin has public backing
24.10.09 Rodney Wilson: Dunedin as national heritage city

█ For more, enter the terms *harbourside*, *heritage* or *lund* in the search box at right.

[click image to enlarge]

Post/image by Elizabeth Kerr

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NZ Loan and Mercantile Building —Resource Consent granted

LM edit 2bw IMG_5825Dunedin City Council has granted resource consent with conditions (LUC-2014-259) to Russell Lund, owner of the former NZ Loan and Mercantile Agency Co Ltd Building, for the development of residential apartments on the upper (top) floor.
The building is located in the Port 2 zone and the Queens Gardens Heritage Precinct (TH12).
The entire external building envelope is listed for protection in the Dunedin City District Plan.
Heritage New Zealand has registered the former industrial warehouse as a Category 2 historic place and recognises its heritage values and significance within the registered Dunedin Harbourside Historic Area.
The building is pivotal to contextual readings and narratives for the Port of Dunedin, Steamer Basin, and reclaimed foreshore as much as future development in the Port 2 and Harbourside zones incorporating public access to the water’s edge.

Decision
The final consideration of the application, which took into account all information presented at the hearing, was undertaken during the public-excluded portion of the Hearing.
The Committee reached the following decision after considering the application under the statutory framework of the Resource Management Act 1991:

Land Use LUC-2014-259
Pursuant to section 34A(1) and 104B and after having regard to Part 2 matters and sections 104 and 104D of the Resource Management Act 1991, the Dunedin City Council grants consent to a non-complying activity being the establishment of residential activity within the NZ Loans (sic) and Mercantile Building and associated building alterations at 31 & 33 Thomas Burns Street, Dunedin, being the land legally described as Section 21-22 Block XLVII held in CRF 0T288161 (Limited as to Parcels) subject to conditions imposed under section 108 of the Act, as shown on the attached Certificate.

Download: LUC-2014-259 Letter of decision

Right of Appeal — In accordance with Section 120 of the Resource Management Act 1991, the applicant and/or any submitter may appeal to the Environment Court against the whole or any part of the decision within 15 working days of the notice of the decision being received.

[click to enlarge]
IMG_5459a3 bwIMG_5477a bw2IMG_5585a bw12

Recently, architectural historian Peter Entwisle assessed the building’s significance in the national context and recommended review of the registration status to Category 1. Earlier assessment work in the 2000s commissioned by the Otago Branch Committee of New Zealand Historic Places Trust and led by Elizabeth Kerr, included the achievement of two academic studies by University of Otago history student Stephen Deed with supervision from Dr Alexander Trapeznik towards Committee review of the building’s registration and establishment of a historic area on the Dunedin harbourside. Assessment work for registration of the historic area was successfully completed by the NZHPT Otago Southland Area Office. Unfortunately, ongoing restructuring within the Trust has meant review of the building’s registration has not been prioritised or resourced. It is hoped that Mr Entwisle’s strong research will lead Heritage New Zealand to mandate the work with some urgency.

IMG_5785a13IMG_5796a11IMG_5443a12IMG_5661ab1IMG_5658a112IMG_5701b2IMG_5705a11

Onwards…….

Related Posts and Comments:
26.11.14 Retraction (see comment on ‘Heritage Counts’)
26.9.14 NZ Loan and Mercantile Building —what ESCO said!
30.8.14 NZ Loan and Mercantile Building: Looking round at potential
18.8.14 NZ Loan and Mercantile Building #randomsmartphonepix (interiors)
17.8.14 Public Notices: NZ Loan and Mercantile Building… (site tour, hearing)
13.8.14 Chamber’s Own Goals —Heritage (letters)
11.8.14 NZ Loan and Mercantile Building (audio)
8.8.14 NZ Loan and Mercantile Agency Co Ltd Building…
18.3.14 Dunedin Harbourside: English Heritage on portside development
21.10.13 Harbourside: Access to a revamped Steamer Basin has public backing

█ For more, enter the terms *loan and mercantile* or *harbourside* in the search box at right.

Post and images by Elizabeth Kerr

*All images lowres only at this webpage.

48 Comments

Filed under Architecture, Business, Construction, DCC, Design, Economics, Heritage, Heritage NZ, Innovation, Inspiration, Name, New Zealand, People, Pics, Project management, Property, Site, Town planning, Urban design