"It's a new experience but an important step, considering what happened down in Christchurch to quite a new building during their earthquake."
Seismic testing is still ongoing and so far has shown nothing out of the ordinary, but there are some shortcomings, the developer said.
"The building's top floor is a very open space, the engineering was fine 50 years ago but doesn't hold up well now. It could mean a whole lot of support walls are needed in that area" he said.
It's expected a preliminary report on the tests will be returned early next week, which will lead to further meetings between engineers, builders, and architects.
"We're trying to look at every conceivable, possible thing that might be required in the resource consent process, to ensure everything is in there and we don't have to come back and make adjustments," Hay said.
An agreement for a potential sale was reached between Hay and property owner Trevor Strong last year, with the change of hands to be official if the project could get resource consent within the year period.
"We're fast running out of time, but I'm confident the project will proceed. It just comes down to timing and getting the final things done to apply for resource consent."