A new 10,000-seat indoor arena near Westpac Stadium could help Wellington emulate the success of Melbourne’s sport and entertainment precinct, stadium boss Shane Harmon says.

Mayors from the Wellington region took a bold step on Tuesday, commissioning a feasibility report into the proposed venture that would help attract big international acts to perform in the capital.

The report will be driven by Wellington Regional Economic Agency (Wreda), which will assess issues such as land acquisition, arena design, funding and location.

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A concept design of what an indoor arena in Wellington could look like.