Waterfront theatre nears fundraising target
16 November 2012
theatre nears fundraising target
Theatre Company is closing in on its fundraising target for
a new theatre at North Wharf in the Wynyard Quarter.
Auckland Council's $10 million contribution, conditional
on the company raising the full $35 million, has been key to
attracting other contributions, the Regional Development and
Operations committee heard.
The total raised so far
is $25 million and the theatre company says it is on track
to start construction of the 600-seat facility in the second
half of next year.
Recent contributions include $3
million from Creative New Zealand and discussions are
continuing with the Lottery Grants Board and other funders
for a further $7 million.
Committee chair Councillor
Ann Hartley said the company had done a remarkable job in
attracting financial support for what will become a major
waterfront attraction and key addition to the city’s arts
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