It is an important development which will enable Wellington to sustain and grow the visitor industry to Wellington as well as providing a foundation for the future. The centre has been actively under Council’s discussion and planning for ten years.
Strategically located on a vacant site, opposite The Museum of New Zealand - Te Papa Tongarewa, the building will help create a new precinct for Wellington.
The WCEC will create new economic, cultural and social opportunity for both Wellington and New Zealand, and provides two key benefits for New Zealanders and Wellingtonians:
- A meeting place to host conferences and other business events in our nation’s capital, providing a platform to share ideas, connect with others, showcase expertise and thought-leadership, and build our knowledge.
- A new attraction for locals and visitors, where international and local exhibitions of scale will provide people with entertaining and inspiring content previously unable to be hosted, or developed, in New Zealand.
Convention Market protection, job creation, business stimulation
- Protect and growth Wellington's share of the business events industry, which are worth around $240m GDP in to the local economy per annum
- Construction of WCEC will provide significant economic benefit to the city, delivering $76.3m GDP return to and 864 jobs in Wellington across the three year construction period
- Once operational the building will contribute $44.8m GDP p.a. and 554 jobs to our regional economy, creating and retaining jobs, boosting trade for local business, tourism, retail and hospitality industries
- Many of these jobs will benefit the tertiary sector, supporting Wellington as a location for study for students who can support their studies with regular part-time work
Urban Redevelopment and cultural precinct enhancement
- The urban landscape in this area will be significantly improved - the WCEC will act as a catalyst for rejuvenation of the surrounding area, encouraging other property developers to invest in outstanding architecture
- This area is currently one third carpark and relatively unproductive land – urban regeneration of this area will add significant productivity to this area, which will in turn add to the rates base of the city.
- WCEC will enable local curatorial opportunities for our creative sector who are seeking to develop exhibitions for national and international markets
- Business event visitors spend significantly more and stay longer in their host city than other tourists therefore provide high value to the host city and region. An international business tourist spends around 50% more than a regular international tourist.
- The exhibition centre will provide another attraction in Wellington which is expected to stimulate domestic tourism and increase international visitors length of stay in Wellington.
- The centre will provide a flow-on to other businesses in area, especially hotels, shops, bars/restaurants