Skycity to build New Zealand International Convention Centre

SKYCITY Entertainment Group has signed a Heads of Agreement with the New Zealand government to design, build and operate the New Zealand International Convention Centre (NZICC) in Auckland.

Key terms of the agreement include Skycity committing NZ$315 million (US$259.6 million) to build the NZICC and contributing a 14,000m2 Auckland CBD site valued at NZ$87 million. In return, the government has agreed to extend the Auckland Casino Venue Licence for 35 years to 2048 and a package of regulatory reforms.

NZICC will include public convention and exhibition space that can accommodate 3,500 delegates at one time, at least 780 car park spaces and a link-way bridge over Hobson Street.

The facility is expected to open in mid/late 2017.

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