"It should foster a potentially lucrative vein of opportunities which existing and future tourism-based business in Hokianga can tap into during those visits."
Tens of thousands of predicted visitors to the project – which has already secured $4.6m of funding from the government's Provincial Growth Fund (PGF) – are expected to provide an annual economic boost of about $5.5m, with the total economic impact from construction estimated at about $12m.
Blaikie said the NRC's decision to back the project to the tune of $500,000 – confirmed at its recent monthly meeting in Whangārei – comes after it had in November 2017 allocated $40,000 from the IGR to help the project's backers fund a feasibility assessment/business case.
"That money – allocated after a request from council's regional economic development arm Northland Inc – was used to help with the validation of development plans, quantity surveying, technical review, architectural plans and producing high-definition images to attract investment."
Blaikie said a charitable limited liability company, Manea Footprints of Kupe Ltd, has been established to operate the business.
"Its Board of Directors includes a number of experienced individuals in the tourism sector including Shane Lloyd, Anton Haigh and Northland Inc board member Nicole Anderson."
The $500,000 NRC funding – which had been recommended by Northland Inc and council staff – is subject to a number of conditions before it will be released, including that all the other funding required for the project must be secured first.