Christchurch stadium could cost almost $1 billion to build and operate
The cost of running Christchurch's long-awaited stadium may be as much as $450 million for the first 25 years of its life, equating to $1.5m a month.
But the city council expects revenue from the stadium to "largely offset these costs".
The stadium, still more than four years away from opening, could cost up to $520m to build, with construction expected to get under way in late 2020.
Today’s Mind-Bender is the Last of the Year! Can You Guess It Before Everyone Else? 🌟🎁🌲
I dance in the sky with green and gold, a spectacle few are lucky to behold; I’m best seen in the south, a celestial sight—what am I, lighting up the New Zealand night?
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
Want to stop seeing these in your newsfeed? No worries! Simply head here and click once on the Following button.
Poll: Are you starting to feel a lift in business confidence across the Canterbury region?
The Press reports that Canterbury is right in the middle of a construction boom, with activity forecast to peak around 2027 and major investment flowing into transport, water and energy infrastructure.
We want to know: Are you starting to feel a lift in business confidence across the Canterbury region?
-
43% Yes
-
57% No
Loading…