RLB CRANE INDEX®

Te Kaha – Christchurch Stadium is well into the construction phase with 10 cranes on-site. The $683m project will have a seating capacity of 30,000 for sports events and will hold a minimum of 36,000 spectators for large music events. The project is currently the largest construction site in the Christchurch CBD and contains the highest number of long-term cranes in New Zealand.

New cranes were placed at:

Civic

• Canterbury Museum Redevelopment (one additional) Mixed Use / Other
• Nectar 1 & 2 (two cranes at 172 Cashel Street) Residential
• Manchester Square (one additional)

Cranes were removed from:

Civic

• Christchurch Cathedral

Civil

• Kind Foundation Carpark
• Worchester Boulevard Carpark Demolition

Health

• Ranui Apartments – Bone Marrow Cancer Trust

Mixed Use / Other

• Portus Properties
• QB Studios

Recreation

• Metro Sports Centre

Residential

• Fletcher Living Development

For the first half of 2024, building activity in the Canterbury region fell by 2.8% compared to the same period in 2023. The residential sector fell by 3.0% and the non-residential sector fell by 2.3%.

Canterbury’s building consents for the first half of 2024 fell by 7.7% to $2.3bn. This can be almost entirely attributed to the residential sector, which saw consents fall by 12.5% for the six months. The non-residential sector saw a small gain of 0.8%.