Tag Archives: Loss making venue

Chinese Garden, Acklin talks utter piffle

Grievous location. Deathly dull. Another DCC triumph… That applies to the venue and Acklin! If the garden was physically linked (see flow) to the redeveloped Otago Settlers Museum it might have had a fighting chance, but no. Turn the site back to parking for the museum. Cut the loss. There are better ways to honour the sister city relationship we enjoy with Shanghai.

Cr Acklin said it was always expected the garden would not make a profit, although he refused to describe that as a loss. “It can’t be seen as a loss. This was never going to make a profit.”

### ODT Online Wed, 8 Aug 2012
Falling numbers prompt shake-up
By Chris Morris
The Dunedin Chinese Garden could be in for a shake-up as visitor numbers continue to decline, leaving ratepayers to foot more of the bill. Figures released to the Otago Daily Times yesterday showed the number of visitors has plummeted since the garden opened four years ago, from 83,000 in the first year to just 28,000 in the 2011-12 year. The decline had contributed to annual budget shortfalls that have together cost ratepayers $1.02 million, due to a council agreement to cover operating costs unable to be met by the garden.
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Posted by Elizabeth Kerr

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Filed under Architecture, Business, Construction, DCC, Design, Economics, Geography, Media, Name, People, Politics, Project management, Property, Site, Urban design

ODT: “the cupboard has been bare” [still is]

The most oblique of editorials, seemingly written without a business brain or any sense of economics. What do you do with a multimillion dollar debt-funded loss-making multipurpose RUGBY stadium? Let’s see, bring in the children? (the very ones saddled with the ongoing cost of DCC’s criminally damaging foresight, this grand vision of the future)…

### ODT Online Mon, 7 May 2012
Editorial: The stadium shake-up
Dunedin City Council’s decision to instigate a review of Forsyth Barr Stadium and the company tasked with running it, Dunedin Venues Management Ltd, is the correct one. The review, announced by Dunedin Mayor Dave Cull last week, was sparked by the resignation of DVML chief executive David Davies, who intends to leave the position in March after being appointed to the role in October 2009. Mr Cull has indicated the review will look at the financial, operating and governance models of the stadium and says it may result in changes for DVML and the role of its future chief executive. Much appears to depend on the findings of the Pricewaterhouse Coopers audit of stadium costs, as well as DVML’s six-month financial results, both of which are due to be made public later this month.
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Posted by Elizabeth Kerr

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Filed under Architecture, Business, Concerts, DCC, Design, DVML, Economics, Events, Hot air, Media, ORFU, People, Politics, Project management, Property, Site, Sport, Stadiums, Urban design

Cull’s rosy future, at stadium…

Attempts to question Mr Davies about his working relationship with the Dunedin City Council and Carisbrook Stadium Trust were initially blocked by a communications contractor working for DVML, who interjected to stop the question at yesterday’s press conference.

### ODT Online Fri, 4 May 2012
Mayor promises stadium shake-up
By Chris Morris
Forsyth Barr Stadium and the company running it are in for a reorganisation, after the shock announcement chief executive David Davies plans to quit Dunedin. Dunedin Mayor Dave Cull yesterday confirmed a review of the stadium and the company that ran it, Dunedin Venues Management Ltd, would be unveiled within weeks and completed later this year. The review would look at the financial, operating and governance models of the stadium. It was expected to spell changes for DVML and whoever replaced Mr Davies as chief executive, Mr Cull confirmed.
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The David Davies era (via ODT)
• Appointed chief executive of Dunedin Venues Management Ltd in October 2009.
• Selected from 92 candidates after an international recruitment drive that cost Dunedin City Council about $66,000.
• Role includes running Forsyth Barr Stadium and other council venues under DVML umbrella, including Dunedin Town Hall once reopened.
• Plans to quit confirmed on Wednesday, citing family reasons.
• Will continue until March next year to prepare succession plan.

****

### ODT Online Fri, 4 May 2012
Stadium hits a few speed bumps
By Chris Morris
The fans have flocked in, but the road has been rocky for David Davies since the opening of the Forsyth Barr Stadium. Chris Morris looks back. David Davies says his sense of humour has proved invaluable. It perhaps explains why he smiles when asked about criticism of the Forsyth Barr Stadium project, and himself personally, after two and a-half years in Dunedin. The questions came at yesterday’s press conference, as Mr Davies explained the reasons behind his shock decision to quit his post and return to England next year.
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Posted by Elizabeth Kerr

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Filed under Business, CST, DCC, DVML, Economics, Events, Media, People, Politics, Project management, Property, Site, Sport, Stadiums