Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 


Convention centre: public input sought

NEWS RELEASE

24 June 2014

Convention centre: public input sought

This morning Wellington City Councillors voted to support the proposal for a purpose-built convention centre and five-star Hilton Hotel on a vacant site opposite Te Papa.

Mayor Celia Wade-Brown says the next stage is a formal public consultation process from 8 July until 8 August.

“This proposal will create jobs, growth and revenue for the city. It’s important now that the public has a say. We’ll be providing a range of information so they can make informed submissions,” says the Mayor.

“The proposed site is in an ideal location, opposite the biggest cultural attraction in New Zealand, Te Papa. It fills a gap in our urban canvas and is estimated to bring $22 million in GDP to the Wellington economy.”

The state-of-the-art 4400 square-metre facility would be able to host up to 1200 conference delegates and have a banqueting capacity for up to 1450 people. It would be built along with the 165-room hotel on the site in Cable Street.

The overall project would be financed by local developer Mark Dunajtschik. The Council would lease the convention centre at an average net cost to the city of about $2 million a year over the lease term.

All going to plan the convention centre could be up and running by 2017 – bringing $30 million in new spending to the city each year and directly create at least another 200 jobs.

Councillor Jo Coughlan, Chair of the Council’s Economic Growth Committee, says she is pleased that one of the first of the Council’s ‘8 Big Ideas’ is on its way to becoming a reality for Wellington.

“We have landed a gem with this proposal,” says Cr Coughlan. “While Wellington is the country’s number-two conference destination, the new convention centre is an amazing opportunity to grow our market share, especially for conferences attracting visitors from Australia and further afield.”

During the formal consultation period, negotiations would continue with the developer and Hilton. The aim is for the Council to be in a position to make a final decision in September.

An overview of the economic case supporting the Convention Centre

• Wellington is currently the country’s second largest convention destination behind Auckland, making up 15 per cent of the country’s total convention market and earning more than $140 million for the city each year.

• If we do nothing, we could lose up to 17 per cent of that business when other newer facilities are built around the country – that’s up to $25 million in lost business and about 170 jobs.

• This new purpose-built centre would protect that business and, we estimate, grow the overall business in Wellington by about 10 per cent – about 74 new events delivering 68,000 delegate days each year.

• As well as protecting the existing market and jobs, that growth would add $30 million in new expenditure and directly create more than 200 new jobs.

• We expect flow-on secondary development to occur in time in supporting businesses such as entertainment, hospitality and retail.

• A 5-star Hilton would help attract premier industry events to the Capital and support other economic development initiatives such as the proposed film museum and tech precinct.

• We get this for an average net cost to the city of $2 million a year over 10 years on our base operating projections (after accounting for profit share and rates income).

• It would cost the City Council at least $55 million to build a convention centre itself and at least $1.7 million more a year to run – the city would carry all the cost and associated borrowings, and all the risk.

Some details and background information

• The developer is Mark Dunajtschik - an established and successful local developer with a demonstrated commitment to Wellington

• New 165-bed 5-star hotel and purpose-built conference facility with full-format conference hosting capacity of up to 1200 delegates and banqueting capacity for up to 1450 people. In theatre style seating, the facility can seat 2500 in the largest space.

• At the time of completion, the new venue would be the second-largest convention facility in the country and would be completed before the other convention capacity becomes available in other parts of the country

• The venue would be branded, marketed and managed by Hilton which would give Wellington international exposure - and confidence that new events will be attracted to the Capital.


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell:
On Tomorrow’s Speeches By John Key And
Andrew Little

The Key government has already kicked off the political year on a stridently ideological note, with Environment Minister Nick Smith choosing to lay all manner of sins at the door of the Resource Management Act.

Tomorrow, the government will wheeling out its best salesman – Prime Minister John Key – to sell its plans for state housing, which happens to be another of the government’s most contentious, most ideologically-driven policy packages. Presumably, Key will be trying not to double down on the rhetoric, and thereby leave room for Labour leader Andrew Little to sound like the centrist voice of reason.

Key will have his work cut out, though. More>>

 

Transport: Auckland Looks To Light Rail

The Board of Auckland Transport has called for an investigation into a light rail network, which could relieve traffic congestion on some of the region’s busiest roads. This stems from work in 2012 (the City Centre Future Access study) which responded to a government request to develop a robust and achievable solution for access to the CBD. More>>

ALSO:

RMA: Smith's Claims Don't Match Evidence - Greens

The Motu group’s research into the impacts of planning rules looked at the costs related to housing development but not the benefits of environmental protections and does not recommend significant changes to the RMA to reduce the cost of new house builds. More>>

ALSO:

Gordon Campbell: On The Similarities Between John Key And David Cameron

For years now, David Cameron has been the closest available thing to a mentor/analogue to our Prime Minister, such that Key watchers could be interested in an analysis of Cameron that appeared in the British press over the Christmas break. More>>

Gordon Campbell: On Ian Fletcher Resignation & GCSB’s New Role

It may well be that after being shoulder-tapped in Queensland for the GCSB job, three years of living in Wellington has been enough for Fletcher and his family, given that the pending review of the GCSB would have required an even longer commitment from him. Three years of Wellington’s weather is enough for anyone... More>>

ALSO:

Ian Apperley: $10m Or $100m For New Wellington Council IT System?

I feel a Tui Billboard coming on. I commented the other day that it looked like the Council’s Ninth big project was a potential $100 million plus... The Mayor has responded: “I am reassured by the Chief Executive and by Anthony Wilson that the proposed budget is in the region of $10 million.” More>>

ALSO:

Southern Ocean:
Navy Intercepts Illegal Fishing Vessels

Foreign Minister Murray McCully today put illegal fishing vessels operating in the Southern Ocean on notice and vowed to take action against their owners. “As part of a multi-agency operation, the HMNZS WELLINGTON has intercepted two vessels claiming to be flagged to Equatorial Guinea, fishing illegally in the Southern Ocean.” Mr McCully says. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news