Christchurch City Council chose the NZ Post building in Hereford Street as its preferred site for the new Civic Building at its meeting on 11 October, 2007.

The selected site will be developed by a joint venture company, 50% owned by Council and 50% owned by Ngai Tahu Property Ltd.

The joint venture company will be responsible for developing the new building as well as its ownership.

Each partner will contribute $52.5 million to the redevelopment of the building’s $105 million capital cost.

The building, designed for 1000 staff, will be completed in mid-2010.