News | Business
22 Jan 2021 1:27
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.

    © 2021 Newstalk ZB, NZCity


     Other Business News
     21 Jan: The first of many changes needed to solve the housing crisis
     21 Jan: Brent Impey has confirmed that he'll step down as chairman of New Zealand Rugby in the coming months
     21 Jan: Covid 19 border restrictions are giving Kiwis the chance to explore their backyard more cheaply
     21 Jan: NZ Post has apologised after a couriers was caught on video peeing on a customer's house
     21 Jan: Well-heeled investors are hunting for a bargain in Queenstown
     21 Jan: The gateway to the adventure capital of New Zealand -- is adjusting to pandemic life
     21 Jan: Aucklanders are being reminded to think about their drinking water, as warmer weather rolls in
     Top Stories

    RUGBY RUGBY
    Brent Impey has confirmed that he'll step down as chairman of New Zealand Rugby in the coming months More...


    BUSINESS BUSINESS
    The first of many changes needed to solve the housing crisis More...



     Today's News

    Education:
    Chris Hipkins says provisional NCEA results are extremely encouraging, given the disruption to students 21:57

    Entertainment:
    Ben Affleck and Ana de Armas have split after 10 months together 21:40

    Cricket:
    Canterbury allrounder Daryl Mitchell's looking forward to the challenge of playing his old team 21:17

    International:
    President Joe Biden has started work on his next big battle — stopping the coronavirus pandemic 21:17

    Entertainment:
    'The Crown' leads the Critics Choice TV Awards with six nominations 21:10

    Entertainment:
    Ricky Gervais plans to make a cover album of David Brent’s songs with real pop stars to mark the 20th anniversary of 'The Office' 20:40

    International:
    Coronavirus Australia news: Hospital staff and GPs to start training on how to administer COVID-19 vaccine 20:17

    Entertainment:
    Anwar Hadid wowed Dua Lipa by cooking traditional Middle Eastern food for her amid the coronavirus lockdown 20:10

    Entertainment:
    Leah Remini "would cry" if she knew how much money she spent on Scientology 19:40

    Entertainment:
    Miranda Hart’s beloved dog Peggy has died 19:10


     News Search






    Power Search


    © 2021 New Zealand City Ltd