The Government and Auckland Council have agreed in principle to keep the Cloud on Queens Wharf, but who will manage it is up in the air.
The $9.8 million Cloud was built by the Government for last year's Rugby World Cup, when it hosted fans, international media, VIPs and showcased New Zealand food, wine and industry.
Since the Cup, the prefabricated steel, glass and semi-transparent PVC-covered structure has held 29 events totalling 40,000 people.
Yesterday, Auckland chief executive Doug McKay said the council had indicated to the Government that it would like to keep the Cloud on Queens Wharf alongside an $18.6 million refit of the century-old Shed 10 into a cruise ship terminal.
Mr McKay said after talks with the Government, officers would present a business case to councillors.