Wellington's Golden Mile project axed after $26m spent with little to show

Wellington's ambitious Golden Mile project has been officially scrapped, marking the end of a decade-long endeavor plagued by political disputes and delays. The initiative, once hailed as a transformative urban renewal plan, has resulted in over $26 million in expenditure with minimal tangible outcomes, save for a single intersection upgrade.

City councillors made the decisive vote to terminate the project on Thursday. The decision comes after years of planning and debate, highlighting the challenges in implementing large-scale urban development projects. The substantial financial investment and the limited progress have led to the project's downfall.

The Golden Mile was intended to revitalize a key area of the city, promising significant changes to the urban landscape. However, the project's trajectory was consistently hampered by political battles and extended delays, ultimately preventing its completion and leading to its cancellation.