"Fortunately there are existing large trees on either side of the pin oak being removed, one of which is an iconic plane tree outside the Pig and Whistle. Neither of these will be affected, so the loss of treescape will be somewhat minimised. We'll be replacing the damaged pin oak with another tree which in time will grow to fill the void."
Mr Page said there were also plans to introduce more trees along the same stretch of Tutanekai St in the future.
Pig and Whistle general manager Bevan Brake said it would be a shame to see the tree go.
"It's a centrepiece of the street. Hopefully the council can put something in there that replaces it."
"We accepted it is unsafe and needs to go. It has pretty big cracks and holes in the base."
The damaged tree is scheduled for removal on Sunday, subject to weather conditions at the time.