Vector Arena
Introduction |
Transport and access | Noise
| Facts at a glance
|
Parties
| QPAM Limited | What's a BOOT? | The Quay Park site | Services
and facilities
| Key milestones | Student information
Project Snapshot
Why a new arena
For too long the city had to sit back and watch major acts,
and events, sail by because it simply didn't have a facility that could cope.
Auckland now has a world-class 12,000 seat indoor complex that hosts everything
from international rock acts to major sports events, exhibitions and business
conventions.
London has Wembley, New York has Madison Square Gardens and
Sydney its Entertainment Centre. Now Auckland has
Vector Arena. The unique
design of the arena - weaving the latest high-tech specs with the culture and
heritage of local iwi Ngati Whatua o Orakei - also gives the Quay Street
location a spectacular facelift.
How to get there
Vector Arena is conveniently located in Auckland's Quay
Park on Quay Street, just a short walk from the CBD and the inner-city's 4000
hotel beds. The state of the art arena is also close to a wide range of public
transport options and more than 7000 short term car parks within walking
distance.
For bus and train information visit
the Britomart website and for ferry
schedules see the Fullers website. The
city's popular Link bus, which operates over a regular inner-city route will
drop you almost right outside the arena's front doors. See
the maxx website
for details.
What it costs
Auckland City Council led the development of the $80
million arena, which is built on land leased from Ngati Whatua o Orakei at a
significantly discounted rate. The council contributed $72.5 million under a
BOOT (build, own, operate, transfer) arrangement with Quay Park Arena Management
(QPAM), who will own and operate the arena for 40 years.
At the end of 40 years, QPAM will hand the arena back to
Auckland City Council at no further cost. This way, the city gets a world-class
venue without having to foot the entire bill for set-up and running costs.
The city also gets to share in the profits along the way,
receiving a royalty of 20 cents for every ticket sold, which goes into a fund
for community events. The only on-going
cost to the city is reimbursement to QPAM of the venue's rates - 100% for the
first 15 years, 50% for the second 15 years and 24% for the private/public
partnership's final 10 years. QPAM is owned by Jacobsen Venue Management, which also operates
Sydney's Entertainment Centre and Capitol Theatre.
 |
Sir Howard Morrison joins Spacifix on stage
at the arena's official opening spectacular |
|
When it opened
Vector Arena first opened its doors
to the public on 18 March 2007, with its first event being the eagerly-awaited
Rockstar Super Nova concert a few days later. The arena celebrated its official
opening on 19 April with a dazzling entertainment spectacular, involving more
than 200 acts.
Events coming up
More information can be found on the Vector Arena website
