Wellington's controversial Golden Mile project's been canned, following a three-hour council debate.

In their final vote, 14 wanted to discontinue the revitalisation project - with three opposed. 

Councillor Karl Tiefenbacher stood aside from voting because of a conflict of interest.

Mayor Andrew Little says they ran the numbers, and the council can't afford another $60 million.

"Some bits don't stack up, some bits might - but we actually just can't afford $60 million, so I'm supportive of us just going back and seeing what we can do, and trying to get some savings at the same time." 

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