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48 Riverside Drive, Whangarei
Direct Economic Impact $254m
Annual Economic Value $7.75m
Total Jobs Created 160
Type: Hospitality / Conference / Events / Accommodation
Programme: Completed 2024 (Est)
Economic impact of events centre and hotel, combined value $31m (of new money) by year 5, over and above development spend.
Will attract an additional 13,816 visitor nights year 1, out to 25,006 in year 3
Will attract and additional 267 events year 1, out to 459 in year 3
Approx 100 FTE jobs in Yr 1, increasing to 115 in year 5
Approx 140 total jobs in Yr 1, Increasing to 160 in year 5
This includes employment creation in downstream supplier businesses (direct and indirect)
Approx 240 Construction Jobs