The gondola that traverses Christchurch's Port Hills is due to reopen in March, two years after it was damaged by the February 2011 earthquake.
Before it closed down, the popular tourist attraction carried about 140,000 passengers a year.
The managing director of the gondola company, Michael Esposito, said the building has been renovated and the cabins upgraded.
He said the final work needed is to mitigate potential rockfall areas on the surrounding hillside, and that relies on Christchurch City Council consent.
Mr Esposito says the work has cost the company about $2 million.