A three-year programme is under way to establish Ōtautahi Christchurch as a world capital of urban play. The programme is being led by Gap Filler from its new Place of Play HQ in High Street and is aimed at making the city more memorable, equitable, sociable, diverse and fun. Christchurch City Council and ChristchurchNZ are…
Tag: capital
Kerr creates history with record leap at Capital Classic
History was made at the Capital Classic in Wellington today as Hamish Kerr snared the outright New Zealand men’s high jump record courtesy of a stunning world-leading outdoor leap of 2.31m. The 24-year-old Christchurch-based athlete has been knocking on the door of capturing the mark for himself – which he had jointly held with Glenn…
Natural Paint Co seeks 1.2m capital to further growth plans
Disruptive eco-friendly paint brand, Natural Paint Co is seeking a NZ$1.2m capital raise through online investment platform, Snowball Effect, to fund future growth including streamlining business operations and a pilot entry into the Australian market. Founded in Christchurch by James Mount and Grace Glass in 2015, the Kiwi-owned and operated manufacturer of sustainable plant-based paints…
Largest hotel in capital sold
Agreement has been reached for the sale of the 280 room Rydges Wellington hotel to NZ Hotel Holdings Asset LP (NZHHALP); a partnership between the $60 billion NZ Super Fund, The Russell Property Group, and Lockwood Property Group. Rydges Wellington will join a significant tourism portfolio that already includes the Four Points by Sheraton and…
Capital spending: What we’re proposing for next 10 years
For the first three years of this Draft Long Term Plan, we’ve set our core capital spend at $400 million in the first year, $420 million in the second year, and $443 million in the third year. We’re making sure we can do all the work we want to deliver in the timeframe we’ve set….
Council partners with community to benefit city
The Christchurch City Council is partnering with community groups and social agencies to support the redevelopment of the City Mission site and to build a new whare for Māori youth. The two projects have been given funding through the Council’s Capital Endowment Fund as they will benefit local communities, both now and in the future….