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25 Apr 2024 12:44
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  •   Home > News > Business

    More money looks to be needed to get Wellington's Town Hall re-opened

    More money looks to be needed to get Wellington's Town Hall re-opened



    The Town Hall was closed in 2013 to undergo major earthquake strengthening and refurbishment.

    At that time the budget for the work was 43-million dollars, then it went up to 60-million, 90-million, and most recently in 2019 it reached 112-million dollars.

    Now, documents for a council meeting next week, show it could come in another nine percent over budget, which is around 10-million dollars.

    Covid-19 supply chain issues are largely to blame.

    The documents say the Wellington construction market is extremely stretched and this is feeding through into escalation of material and labour costs.

    © 2024 Newstalk ZB, NZCity

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