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ANZ Stadium redevelopment project hit by rising costs

ANZ Stadium redevelopment project hit by rising costs
June 23, 2017

The cost of renovating Sydney’s ANZ Stadium has reportedly sky-rocketed from $700 million to a staggering $1.6 billion.

With the NSW Government intending to redevelop the venue into a 70,000-seat ‘rectangular’ stadium as part of its Stadiums Strategy, 9NEWS, citing sources familiar with the matter, reported that the increased price of the development would put the renovation in serious jeopardy.

The NSW Government has budgeted $1.6 billion for the new Western Sydney Stadium (the former Pirtek/Parramatta Stadium) as well as improvements to the Allianz Stadium and the Sydney Cricket Ground – with work on the ANZ Stadium to commence after the opening of the Western Sydney Stadium in 2019.

Image: The planned ANZ Stadium redevelopment. 

21st June 2017 - RECORD NSW FUNDING COMMITMENT TO SPORT AND RECREATION

8th May 2017 - NEW VENUES NSW BOARD ANNOUNCED TO OVERSEE MAJOR VENUES 

7th December 2016 - ANZ STADIUM ROLLS OUT MASSIVE 2017 CALENDAR OF EVENTS

30th June 2016 - NSW GOVERNMENT ANNOUNCES NEW BOARD FOR ANZ STADIUM

16th June 2016 - NSW GOVERNMENT BUYS BACK ANZ STADIUM

2nd June 2016 - PARRAMATTA STADIUM REDEVELOPMENT ENTERS DESIGN PHASE

14th April 2016 - SYDNEY’S STADIUM DEBATE OVER AS NSW GOVERNMENT COMMITS $1.6 BILLION TO REFURBISHMENTS

8th February 2016 - ANZ STADIUM OPERATOR TO MANAGE NEW PERTH STADIUM

6th September 2015 - NEW ENTITY TO MANAGE SYDNEY’S STADIUM NETWORK

21st August 2015 - STUDY RECOMMENDS $1.85 BILLION SPENDING ON SYDNEY STADIUMS

23rd July 2015 - QUESTIONS OVER ANZ STADIUM’S SUITABILITY AS AN AFL VENUE

 


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