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

Patience: Drive Safe

Be patient before passing is the AA's message for drivers this Labour weekend.

"People taking crazy risks to get past other vehicles is one of the most dangerous things on the road,” says AA spokesperson Dylan Thomsen.

“The weather is looking good for the long weekend so the roads will be busy. Unfortunately, that also increases the chances of people getting frustrated and trying a risky passing manoeuvre. When they get past, there will probably be more traffic up ahead anyway so it won’t get people there faster.” More>>

 
 

Parliament Today:

Employment Relations Bill: Govt Strains To Get Tea Break Law Through

The Government has been left with egg on its face - failing to get its much-vaunted, but hugely unpopular, meal break law passed in the first week of its new term, Labour spokesperson on Labour Issues Andrew Little says. More>>

ALSO:

Guns: Police Association Call To Arm Police Full Time

"The new minister gave his view, that Police do not need to be armed, while standing on the forecourt of parliament. The dark irony was that the interview followed immediately after breaking news of a gunman running amok in the Canadian parliament in Ottawa..." More>>

ALSO:

Gordon Campbell: On The Tokenism Of New Zealand's Role Against Islamic State

Our contribution against IS will be to send SAS forces to train the Iraqis? That’s like offering trainers to General Custer just as the 7th cavalry reached the Little Big Horn. More>>

ALSO:

Scoop Business: Shell And Todd Caught Drilling Without Approval

Multi-national oil company Shell’s New Zealand arm and local energy giant Todd Energy have breached the new law governing New Zealand’s Exclusive Economic Zone, the Environmental Protection Authority says in an Oct. 10 document released by the Green Party. More>>

ALSO:

Gordon Campbell: On Pharmac, Gough Whitlam And Sleater-Kinney

We’re not at the outset of these negotiations. The outset was six years ago, and negotiators were hoping to have some sort of ‘framework’ deal finished in time for the APEC meeting in a few weeks’ time. These ‘extreme’ positions are what we’ve reached near the intended end of the negotiations… More>>

ALSO:

PM Of Many Hats: Questions, No Answers On Whale Oil

Dr RUSSEL NORMAN (Co-Leader – Green) to the Prime Minister: How many times since November 2008 has he spoken with blogger Cameron Slater on the phone and how many times, if any, has he texted him?
Rt Hon JOHN KEY (Prime Minister): None in my capacity as Prime Minister. More>>

ALSO:

Aussie Investigation Dropped: Call On Minister McCully To Pursue The Case Of Balibo Five

West Papua Action is deeply concerned at the lack of any clear outcome from the Australian Federal Police inquiry into the 1975 deaths of the ‘Balibo Five’ including NZ journalist Gary Cunningham. More>>

ALSO:

'Feed The Kids' Bill: Metiria Turei To Lead Fight On Feeding Hungry Children

Green Party Co-leader Metiria Turei is urging all political parties to support the Feed the Kids Bill which she inherited today from Mana leader Hone Harawira. More>>

ALSO:

Parliament Today: State Opening Of Parliament

The House sat at 10.30am on Tuesday before MPs were summoned to hear the Speech from the Throne in the Legislative Council Chamber. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Regional
Search Scoop  
 
 
Powered by Vodafone
NZ independent news