One of the world's tallest wooden buildings is being built in Wellington next year, says the man behind the project, real estate mogul Sir Bob Jones.
The office building, planned for the corner of Featherston St and Brandon St, would be 12 storeys high and about 52 metres tall.
Jones said the foundations of the building would be conventional reinforced steel, but the rest would be composed of timber.
"This is of particular importance to New Zealand as laminated timber is far more earthquake resilient and fire-resistant than steel or reinforced concrete, both of which buckle in earthquakes or fires," Jones said.
"Laminated timber stays intact. It will also save on the cost of importing steel and is more environmentally friendly."