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Contentious Golden Mile project saved as Wellington Council cuts hundreds of millions from 10-year works programme

Tuesday, 26 November 2024

Wellington City Council has retained a plan to upgrade the city’s downtown Golden Mile retail and entertainment spine.
Wellington City Council has retained a plan to upgrade the city’s downtown Golden Mile retail and entertainment spine.

Wellington City Council has agreed to cuts in its 10-year plan that it’s thought could save up to $400 million.

Meeting on Tuesday, councillors voted to keep a contentious upgrade of downtown Wellington’s Golden Mile spine.

Spending of $1.8 billion on water infrastructure was also retained, as was a project to upgrade social housing.

Wellington City councillors have retained the contentious Golden Mile upgrade project, while making other cuts to the city’s 10-year works programme that are expected to save hundreds of millions of dollars.

The council was left having to find cuts after deciding in October not to go ahead with a proposed sale of its 34% shareholding in Wellington Airport.

After a lengthy meeting of the council on Tuesday to work out what to cut, Mayor Tory Whanau issued a statement saying she had ensured the Golden Mile transformation remained in the 10-year Long Term Plan.

Wellington City Council councillor Ray Chung makes a point at Tuesday’s meeting.
Wellington City Council councillor Ray Chung makes a point at Tuesday’s meeting.

Retaining the project, which will essentially provide more space for bicycles and pedestrians, and less for cars along downtown Wellington’s retail and entertainment spine, was carried by 11 votes to seven.

Other projects retained in the Long Term Plan were:

To address the insurance risk left by the decision to keep the airport shareholding, it was proposed the following projects would be cut, rephased or rescoped:

A council spokesperson said it was thought the changes would probably produce savings of $380 million to $400 million over the 10-year life of the plan, but the final outcome was subject to further work.

The proposed cuts would be further considered at a meeting of the council’s Long Term Plan Committee on December 17.

Whanau said that while making reductions to the capital programme had been challenging, she was confident it struck the balance of addressing the city’s insurance risk while investing in the future of Wellington City, nature, housing and transport.