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Hamilton is located close to both of New Zealand’s major ports at Auckland and Tauranga. Three tertiary institutions, - The University of Waikato, Wintec and Te Wanangao Aotearoa are located in Hamilton. The University of Waikato generates 3% of the region’s total revenue and nearly $1 billion for the New Zealand economy as a whole. Hamilton is student city, with more than 46,000 people in tertiary study. Hamilton is building a $68.4 million Claudelands Convention and Exhibition Centre. It includes a 5,000-capacity multipurpose indoor arena, 1,500-capacity conference centre and upgraded exhibition facilities. Hamilton Farmer’s Market is held every Sunday from 8am to noon on River Road. Hamilton’s population is around 135,000 people and is projected to increase to 178,782 in 2024. Hamilton has 3.2% of New Zealand’s population and is one of the country’s fastest growing cities. Hamilton is New Zealand’s largest inland city, and 4th largest urban area. Hamilton is on the main tourist route between Auckland and Taupo. Hamilton is the heart of the Waikato. Hamilton has a land area of 98.6 km2 (New Zealand's smallest city in terms of land area). The average age in Hamilton is 31.3 years compared to 35.9 years nationally. Hamilton has a youthful population - around half of residents are under 30 years old.