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SKYCITY appoints Fletcher Construction for Auckland project


SkyCity Entertainment Group said it will team with New Zealand contractor Fletcher Construction to build its new convention center and 5-star hotel in Auckland and expects to begin building by Christmas.

The project includes a retail laneway linking Nelson and Hobson streets and 1,327 parking spaces.

The contract award is worth about $477 million ($323.5 million). Overall, SkyCity says the projects represent an investment of $700 million for the company.

The construction projects will create at least 1000 jobs during their 38-month build, plus approximately 1140 positions across conventions, hospitality, retail, gaming and food and beverage once both the NZICC and the new hotel are operational.

SKYCITY has agreed with the Crown to spend at least $430 million constructing the NZICC, in return for a range of gaming concessions including the extension of its Auckland licence through until 2048.

CEO Nigel Morrison says latest indications were the company would spend $471 million on the NZICC, plus an additional $159 million on the new hotel and $73 million, most of which is on the new laneway, airbridge, retail fit out and additional carparking. The company was still considering options for financing the hotel.

 

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