The result of a meeting between the developer of Dunedin's historic Loan and Mercantile building and businesses opposing his apartment project will remain out of the public realm for the time being.
However, it appears Environment Court mediation may have resulted in an outcome.
Building owner Russell Lund on Friday met a group of neighbouring harbourside businesses, as well as Dunedin City Council and Otago Chamber of Commerce representatives, to discuss the stalled project.
Mr Lund planned to redevelop the 142-year-old heritage warehouse building in Thomas Burns St, beginning with 24 apartments on the top floors.
His plans were opposed by the group of businesses which lodged an appeal with the Environment Court after a Dunedin City Council hearings committee granted consent late last year.
The group was concerned about ''reverse sensitivity'' over noise and emissions, although Mr Lund and Farra Engineering chief executive John Whitaker said last week extra conditions were being considered that might allow the project to go ahead.
Mr Lund said at the weekend: ''We think there's a result''.
He had agreed not to talk about the meeting until council lawyers and the Environment Court had considered the outcome.
