'Price shock': $150m blowout for Christchurch stadium

'Price shock': $150m blowout for Christchurch stadium
A design render of Christchurch's new stadium, Te Kaha. (Image: Supplied)
Oliver Lewis
The cost of Christchurch’s new stadium has blown out to as much as $683 million, $200m more than its initial budget.Christchurch City Council chief executive Dawn Baxendale and Barry Bragg, chair of the board overseeing the project, presented the cost update at a briefing on Wednesday.“It’s fair to say we’ve gone from a price rise to a price shock,” Bragg said, adding the doubling or even trebling of commodity prices caused by global supply chain issues and the war in Ukraine had led to an exponential increase in t...

More Infrastructure

Developers make unsolicited bids for prime Chch rebuild site
Policy

Developers make unsolicited bids for prime Chch rebuild site

Crown Infrastructure Delivery is weighing up options for the massive site.

Oliver Lewis 28 Mar 2025
Govt support to unlock billions for community housing
Policy

Govt support to unlock billions for community housing

It's been called a watershed day for the community housing sector.

Oliver Lewis 27 Mar 2025
Plan change to boost 'capital city of growth' accelerated
Infrastructure

Plan change to boost 'capital city of growth' accelerated

Auckland Council has until May 30 to make decisions on a development-friendly plan change.

Oliver Lewis 26 Mar 2025
RMA replacements to end 'culture of no'
Policy

RMA replacements to end 'culture of no'

The Government looks to Japan as it unveils two replacement planning laws.

Oliver Lewis 24 Mar 2025