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.
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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?
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40.8% Yes
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59.2% No
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