The owners of Lower Hutt's Queensgate Mall have been ordered to urgently demolish an entire building in the complex including the cinema and 300 car parks.
The managers of the shopping centre received a warrant from the Hutt City Council to demolish the Event Cinema building and 300 car parks beneath it, but Stride Investment Management chief executive Peter Alexander said the nearby shops and dining area would remain unscathed.
"There's a decision been made that the right thing to do is demolish it," Alexander said.
"It's a complex set of issues. We've had a lot of experts looking at it as have council. The issue is really, in an environment with a lot of aftershocks, how do you safely strengthen the building?:
The section being demolished is located at the northeast corner of the centre.