There's to be some moving and shaking in Wellington over the next ten years.

Wellington City Councillors are finalising and adopting the city's long term plan today, which includes 28 projects for the capital.

A longer runway, and a new cycling framework are included in the plan. They are two of the 28 projects that have had the most attention from Wellington residents.

The financial summary of the plan says Wellington's economy has been flat for the last six years - and the time is right to invest in game-changing projects.

Turning Civic Square into a music hub, redeveloping the Basin Reserve and building an international film museum are also a focus for the next 10 years.

In amongst all this, council is promising to keep the average rates increase below 4.5% for the next three years and less than 3.9% over the next decade.

Wellington's mayor believes people will be happy to cop a 4.9 percent rates rise in the next year.

She believes people won't lose sight of the fact the rise will make a big difference.

"The majority of people think that a modest increase in rates is a small price to pay for a really good Wellington."