“The cost of the Waikato Greenfields Project which will effectively be self-funded from the sale of Te Rapa, Te Awamutu and Cambridge in 2026/27 or soon after, and then making for 27 continuing venues,” the report says.
Like many other regional venues, Rotorua’s Arawa Park’s about 15 hectares is near the centre of the city adjacent to Fenton Street, the main north-south street running through the centre of the city.
The Rotorua Racing Club’s web site notes: “The park is therefore an extremely visible and valuable piece of land right in the centre of the city.”
However, only about half of the land is owned freehold by the Rotorua Racing Club. “The remainder is owned by the Rotorua District Council on long-term lease to the racing club.”
The leased portion of the park (pictured below) was originally part of a block of land that belonged to six hapū of Ngāti Whakaue.