SkyCity awaits decision on convention centre

SkyCity Entertainment is reportedly still waiting for a decision from the Auckland council as to whether a planned national convention center, which it is building as part of an accord to expand its casino there, will face a public planning hearing.

The company lodged its consent application just before Christmas, in the hope that would allow time to sign contracts to begin construction near the end of this year, local media reports.

It has since been waiting for Auckland Council to decide if the project should go to a full public hearing.

The government agreed to the expansion of the company’s casino in return for funding a $400 million center. However, SkyCity recently said that it may go about $130 million over budget.

The government and SkyCity are still in discussion about how this excess cost will be covered, the report said.

Auckland Council says it will be some weeks before the resource consent application will be fully assessed and discussed.

 

Latest Intelligence

Latest issue

PATA CEO sees slow recovery, but optimism for future

AGB Podcasts