An information campaign to update Whanganui residents on the latest information behind a $26.2 million funding application for a velodrome stadium is being launched this week.

The campaign, which involves newspaper advertising, social media and other activities sets out new numbers behind the application for full funding of $26.3 million as one of the Government’s shovel-ready COVID-19  projects.

The “update” campaign is being launched by the independent Regional Velodrome Development Trust, whose members have helped with engineering, cost benefit and business case planning to support the Whanganui District Council’s shovel-ready  application.

The Mayors of Whanganui, Rangitikei, Palmerston North, Manawatu, Ruapehu, Horowhenua and Tararua have signed a letter to government supporting the development application.

Trust chair Leigh Grant says a lot of people are asking what’s happening about the velodrome.

“We decided to inform them, so they know where it’s got to and what the opportunities are for the country, region and district.

“These are exciting times. Whanganui has secured Government and other funding for the Sergeant Gallery and Port developments. A velodrome stadium will complete a trifecta of projects which will secure large numbers of new jobs. The latest business case work shows the stadium will have a long and wide tail of benefits.”

These include:

•       6,000 indoor crowd capacity

•       100 construction jobs

•       500+ other new jobs

•       31+ sports, cultural and concert events

•       24%+ more visitors

•       $176 million net economic benefit over 10 years

Mr Grant says if the Government approves the application it will not only make Whanganui’s a world class cycling hub once again. It will also become the Lower North Island’s largest covered venue – to attract tens of thousands of people to multiple sports, community, cultural and entertainment events.