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24 Jun 2021 18:59
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  •   Home > News > Politics

    Invercargill's new CBD development is forging ahead - despite costing more than expected

    Invercargill's new CBD development is forging ahead - despite costing more than expected


    The council will contribute 40.5 million dollars towards the new city block - with a further 10 million dollars coming from the Government.

    Changes in lending rules as a result of COVID-19 means it will also have to cover the shortfall for the 46 million dollar project.

    Chief Executive Clare Hadley says the council weighed up the extra spending - with the fact the project will offer employment opportunities - as part of its decision.

    © 2021 Newstalk ZB, NZCity

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     Today's News

    Law and Order:
    Greymouth Police have arrested a 32-year-old man in relation to an aggravated robbery at a Ngahere property last night 18:56

    Politics:
    Ashburton's Mayor hasn't given up hope of a second bridge to flood-proof the South Island's main highway 18:36

    Entertainment:
    Kerry Katona hates the way she looks right now after gaining 21 pounds 18:29

    International:
    Britney Spears: This is what it was like in the hushed LA courtroom as the singer finally spoke for herself 18:16

    Law and Order:
    The police have cracked down on another major drug operation 18:06

    Entertainment:
    Kendall Jenner thinks her fame made it difficult for her to be taken seriously as a model 17:59

    Entertainment:
    Salma Hayek's 13-year-old daughter loves her "raunchy" new movie 17:29

    Golf:
    Lydia Ko begins her quest to win a third major golf championship title early tomorrow morning in Atlanta 17:26

    Rugby:
    The Maori All Blacks have been on the receiving end of Covid-19's disruption ahead of their clash against Samoa in Wellington on Saturday 17:26

    Entertainment:
    Cara Delevingne describes her sexuality as a "pendulum swinging" 16:59


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