The deadlines for a number of the apparently critical anchor projects were pushed out late last week. If you’ve read this blog, you know what my feelings are on those projects, so I won’t go into them again. However, there was one thing that especially concerned me: the cost. The delays were to three projects – the convention centre, the metro sports facility, and the Margaret Mahy playground. When defending the decision, Gerry Brownlee said that these were a billion dollars of projects and it needed to be done right.

Earthquake Recovery Minister Gerry Brownlee said the three projects would cost about $1 billion between them, and it was important not to rush them.

I don’t disagree with the sentiment, but when did these three projects get to a billion dollars? I’ve looked back through the costs to try and find the original estimates. The playground is budgeted at $20 million. Metro Sports is meant to be around $225 million ($147m CCC + $70m Crown). The convention centre is meant to be around $500 million, with $284m of that being Crown money. Those of you with School C maths will have worked out that those totals come to $750 million, which is a full $250 million short of a billion. We know that the Prime Minister can’t rule out the Convention Centre cost rising – is that what is being signalled here? With the Council under the pump to sell assets or raise rates, it must be incredibly dispiriting to be working with a government that can’t even manage their end of the bargain without the costs blowing out by a third.

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