News | Business
29 Jan 2020 12:19
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Days of Xmas
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    The investment case for Christchurch's multi-use arena is before the City Council today

    The investment case for Christchurch's multi-use arena is before the City Council today


    It says to be competitive and attract international and national events, the arena would need a roof, a minimum 25-thousand seats, a fixed rectangular turf and high quality acoustics.

    It's projecting the arena would cost almost 475 million dollars to build.

    The council has allocated 253-million towards the project, with the Crown signalling it would contribute 220-million.

    The net operating cost is anticipated to be 4.2 million dollars per year, with the Council providing 4.1 million from its Long Term Plan.

    If the arena doesn't proceed, rates savings of about 2.9 per cent could be made.

    © 2020 Newstalk ZB, NZCity


     Other Business News
     29 Jan: Auckland's set to get the lion's share of the Government's new transport infrastructure funding
     29 Jan: There's criticism of Auckland University's purchase of a five million dollar central city home for its incoming Vice-Chancellor
     29 Jan: Kiwis are being encouraged to invest in things other than their own home
     29 Jan: Coronavirus is thought to have had an impact on commodity prices
     28 Jan: Shopping around for fuel bargains could soon become easier
     28 Jan: A helping hand to get Waikato youth into the construction sector
     28 Jan: Dozens of Wellington businesses are bracing themselves for another two months of disruptions from wastewater repairs
     Top Stories

    RUGBY RUGBY
    Midfielder Jack Goodhue sees both sides of the coin surrounding the All Blacks minutes restrictions in the opening rounds of Super Rugby More...


    BUSINESS BUSINESS
    Auckland's set to get the lion's share of the Government's new transport infrastructure funding More...



     Today's News

    International:
    Bushfire smoke could cause lung problems for generations, US monkey study suggests 12:17

    Entertainment:
    Jared Followill has become a father for the first time 12:00

    Sailing:
    The America's Cup challenger on record has crashed while testing 11:57

    Entertainment:
    The Duke and Duchess of Cambridge will attend the EE BAFTAs on February 2 11:30

    Business:
    Auckland's set to get the lion's share of the Government's new transport infrastructure funding 11:17

    International:
    The Australian children trapped in Wuhan by the coronavirus 11:17

    Entertainment:
    'Schitt's Creek' stars Eugene Levy and Catherine O'Hara once dated 11:00

    International:
    From Wuhan to Australia: A timeline of key events in the spread of China's deadly coronavirus 10:47

    Business:
    There's criticism of Auckland University's purchase of a five million dollar central city home for its incoming Vice-Chancellor 10:47

    Entertainment:
    Anthony Joshua won't ever let fame change him as a person 10:30


     News Search






    Power Search


    © 2020 New Zealand City Ltd