DCL is Christchurch City Council’s representative for the Christchurch Adventure Park. DCL brokered the deal between the owner of Leisure Investments NZ Partnership, the developer of Christchurch Adventure Park and its lender, the China Construction Bank (New Zealand) Ltd.
In 2017, DCL won the Debt Deal of the Year Award at the Institute of Finance Professional NZ (INFINZ) annual awards for the way the deal was brokered.
The Christchurch Adventure Park is located on the Port Hills, just 5km from the city centre and within easy distance from Christchurch International Airport. It is owned by Port Hills Leisure Ltd, which comprises a number of investors. Christchurch City Council, through DCL, invested equity into Phase 1 of the project which oversaw the 120km of mountain bike trails, zip-lines, mountain-coaster, as well as shops and café facilities. DCL owns 14.29% of Christchurch Adventure Park as a result of this investment.
Christchurch Adventure Park is one of the city’s key tourist destinations. Attractions at the Christchurch Adventure Park include a chairlift to transport users 1.8km uphill.
There is a mix of world-class machine and hand-built mountain bike trails to suit all levels of cycling experience, an exhilarating mountain coaster, 7 separate zip-lines, a canopy tour, sightseeing, lodgings, bike rental, retail facilities and a bar/restaurant with a large viewing deck at the base of the chairlift. The Adventure Park received over 40,000 visitors in the first 2 months of opening. The Christchurch Adventure Park has recently opened their new trail “Black Pearl”. It is a double black (and not for the fainthearted!).
For more information, check out the Christchurch Adventure Park website.