This is subject to the completion of a business case for Stage One that establishes a case for government support and confirmation of central government support.
Brown said nothing is dead because of this, but they have injected oxygen into one of the proposals.
“It’s (Eden Park) definitely the most feasible, which made it the best option,” Brown said.
“Te Tōangaroa (Quay Park), to be fair, requires $1 billion to be made on the property deal. What if they only made $800m?
“They may not do it, they’re going to do that development anyhow.
“This has the best level of certainty for things to go ahead. But it doesn’t completely rule out your big hairy arsed monster that might just emerge at some stage.”
It remains to be seen what happens to the Te Tōangaroa and whether the building would go ahead without the stadium.
In a statement, those behind the Te Tōangaroa proposal said they will take stock.
“We appreciate Council’s assessment of the feasibility studies and their agreement that Te Toangaroa is technically and environmentally feasible,” the statement said.
“They also highlight the significant public benefits if delivered without public funding. Therefore the Te Toangaroa consortium will assess the feedback and will respond accordingly.”
Auckland Council’s director of strategy Max Hardy addressed councillors at the beginning of the meeting, confirming that neither proposal had established the feasibility of their proposal, based on the council’s criteria.
For Eden Park, Hardy said it was technically and operationally feasible, but not financially viable without government support, which is $110 million for stage one.
For Tōangaroa, Hardy said their proposal relied on optimistic assumptions about costs and that there were infrastructure disruption risks for rail and port access.
The consortium says it would need 12 months more to strengthen its feasibility and asked for money not to be given to Eden Park in the meantime, as this wound undermine their case.
The debate went for a few hours. It eventually became clear that Eden Park would be the winner, and in the end it was a convincing victory, with Josephine Bartley and Chris Darby voting against Brown’s proposal and Mike Lee abstaining.