A high-performance sports centre in Mount Maunganui is one step closer with Bay Venues finding $2.5 million for the project.
Construction will start on transforming the old Cosmopolitan Club into an elite sports centre in late July - if the Bay Venues board approves final designs and costings, says chief executive Gary Dawson.
The centre will cater for high-performance athletes in sports such as rugby, rugby sevens, cricket and hockey, as well as sports organisations, sports science research, and medical services. Bay of Plenty Rugby could establish offices in the building, with physiotherapists and rehabilitation specialists.
Bay Venues will source $750,000 from ASB bank and the rest of the money will come from other sources.
Mr Dawson would not say what those sources were. "We're confident the funding is there but we've got a number of options we're working through."