Who will pay for the new Christchurch CBD?
Tue, 31 Jul 2012 12:11p.m.
By Kloe Palmer
The Government's high-tech blueprint shows the future centre of Christchurch will be spilt into 12 sections, with state-of-the-art facilities scattered throughout.
So far the plan has been well-received, but now questions are being asked about how much it will cost and who's paying.
The new plan has impressed most of those who have seen it, but who will be footing the bill?
The city's residents might find they are paying, courtesy of rates increases.
"Over time that could be a very legitimate debate for the Christchurch City Council and the ratepayers," says Prime Minister John Key.
But it's unlikely some residents will be willing accept higher rates when they're feeling neglected in the suburbs.
The Government will step up and fund some projects, like the health precinct.
"We will just pretty much get on and fund it and make it all happen," says Mr Key.
The Government is hoping its support will help encourage businesses back into the CBD.
"Our investment here is just a catalyst of a new city, and we think that's very worthwhile," says Earthquake Recovery Minister Gerry Brownlee.
Even though this is the Government's design, no commitment has been made to fund fan favourites like the covered stadium.
"There's the commitment of where to put it but not how to fund it," says Mr Key, "so Cantabrains will have to think about what choices they want to make."
And after nearly 24 hours of questioning, no one's saying just how much it will cost or how long it will take to complete.
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10/09/2012 2:11:23 p.m.
can u please email me asap this is about a school progect
1/08/2012 5:25:55 a.m.
Wonder how long before its being reported as keyschurch
31/07/2012 5:56:55 p.m.
The plan stifles development and will not only destroy undamaged and perfectly functioning buildings, but will prevent developments that were already planned.
It also restricts the building of office space to such an extent that ChCh won't ever have enough affordable office space to function properly.
This is all an utter disgrace and will set any recovery back enormously. It's so bad that many owners like myself who had intended to rebuild are now considering walking away from the city.
They have not consulted one iota at any stage with the people who own buildings and land. They have not helped one iota with insurance battles. They have constantly hindered rather than helped, evidently all in order that a few "visionaries" could force their own grand designs and pet projects.
This is the death-nail for ChCh, it's the death-nail for free enterprise - we are being sent to the dark ages by a bunch of know all bureaucrats who who are addicted to OPM (that is spending Other People's Money).
Collaboration was all that was needed since 2010 and all we have had is divisiveness.
Christchurch has gone from one train wreck to another, yet insurers (mainly EQC) are ALLOWED to sit on their hands and the Government's solution to difficult problems is to toss people out slurp up the land and pretend the problem doesn't exist.
Enough is enough, this is the final straw.
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