The centre, originally named the Metro Sports Facility, was announced in 2012 as part of the
Christchurch Central Recovery Plan, which was a plan to recover the
Christchurch Central City after the devastating
2010 Canterbury and
2011 Christchurch earthquakes occurred. The indicative project delivery schedule published in the
Christchurch Central Recovery Plan published in mid-2012 aimed for completion in the first quarter of 2016. In the publication
Anchor Projects Overview published by CERA in June 2014, the completion date had been revised to end of 2017. This was further revised to 2021. The build is being managed the
Crown-owned rebuild company Ōtākaro Limited, and is being built by the Australian company
CPB Contractors. After Ōtākaro and the Australian company CPB contractors, who was also working on
Te Pae Christchurch Convention Centre and a building for
Christchurch Hospital, went into final negotiations in February 2019, it was decided in May that CPB would build the sport centre. The contract with CPB was worth $221 million and another $80 million had been allocated for the project. The construction of the facility started with groundwork in August 2018. In late 2021 the government allocated another $16 million to the project after the costs increased. Parakiore had a reputation for strength and speed and is reputed to have outrun an enemy war party near
Moeraki Beach while carrying his wife on his back. This name was selected to reflect the centre's intention to promote sporting excellence and physical wellbeing. In March 2023 it was reported that a
dewatering well had removed sand and soil from the ground when it was not supposed to, which caused an area of 10 square metres to sink by an average of 90 centimetres, further delaying the project by what was estimated as five months at the time. There were rumours that the project stopped because of sinking pools, but a spokesperson said that this was false: the pools were not sinking, and the construction did not stop. In January 2023 CPB Contractors requested another $212 million for the build. However, CPB and Ōtākaro were in a fixed-price contract and Ōtākaro did not agree to the give the extra money. As a result, CPB initiated legal proceedings in order to either "suspend or terminate" the contract at the
High Court, but the court ruled against it. In April 2023 the sub-contractor Benmax went into
liquidation. On 17 December 2025, Parakiore opened to the public. == See also ==