Latest News

Back to Latest News back

 

Sydney Football Stadium rebuild in disarray after NSW Government rejects builder’s offer

Sydney Football Stadium rebuild in disarray after NSW Government rejects builder’s offer
July 26, 2019

The NSW Government’s plans for the rebuilding of the former Allianz Stadium have hit a major impasse with Lendlease, the building firm announced last year as the firm that would both demolish and rebuild the facility, walking away from redevelopment.

Having demolished the venue, the construction giant has reportedly refused to rebuild the venue for the amount of money on offer from the NSW Government.

As a result, the NSW Government is searching for another company to rebuild the venue.

With the NSW Government having budgeted $729 million for the knock-down and rebuild, NSW

NSW Sports Minister John Sidoti today advised that Lendlease was not able to meet the Government's targets.

Minister Sidoti stated “the budget is $729 million … they're our projected costs and we have to meet those.

"We've asked (Lendlease) to sharpen their pencil and they're unable to meet the objectives of the Government."

Minister Sidoti said negotiations were already underway with other construction firms to finish the job, adding “there's a lot of competitive tension in the industry at the moment. There's a lot of interest being shown."

The Sydney Football Stadium project became a major issue in the 2019 state election issue, with the Labor opposition refusing to rebuild the venue, labelling it a "giant vanity project".

Before the March state election a local community group, Local Democracy Matters, took unsuccessful legal action in the NSW land and environment court to stop the knockdown and rebuild.

A Lendlease spokesman added “we’re pleased to have partnered again with Infrastructure NSW on stage one of the Sydney Football stadium redevelopment project.

“Building social infrastructure in partnership with government is a source of pride for Lendlease and we look forward to supporting future projects.”

The new Sydney Football Stadium had been scheduled to open in 2022.

Image: The Sydney Football Stadium being demolished.

Related Articles

16th May 2019 - Lendlease appointed to manage Stage 3 redevelopment of Melbourne Park

12th June 2019 - Timeline revealed for ANZ Stadium redevelopment

22nd May 2019 - SCG introduces technology to reduce food and beverage queues

29th March 2019 - SCG and Sydney Roosters agree 25-year Stadium partnership

22nd March 2019 - SCG Trust corrects Sydney Morning Herald claims of Allianz Stadium compliance works costs

21st March 2019 - Report reveals Allianz Stadium could have been refurbished for $18 million

15th March 2019 - ‘End of the Road’ for legal obstacles aimed at halting demolition of the Sydney Football Stadium

9th March 2019 - Sydney Football Stadium demolition to resume after court rejects injunction extension

6th March 2019 - NSW Opposition leader vows to sack SCG Trust board over Allianz Stadium rebuild

1st March 2019 - Growing digital revenues drive NRL to $46 million profit

23rd December 2018 - Event Hub wins multi-year contract with Venues NSW


Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

GLADSTONE MRM

Gladstone Health & Leisure (Gladstone MRM Pty Ltd Australia) is a leading supplier of leisure management and fitness software and is endorsed by leading health and fitness professionals and…

read more

Access / Billing / Fitness / Technology / Venues

 
 

TPEC Pool Enclosures

TPEC Pool Enclosures provide a large range of premium commercial and residential retractable swimming pool, spa and terrace enclosures throughout Australia, servicing residential, local government…

read more

Aquatics / Design / Recreation / Venues

 
 

AUSTRALIAN WATERSLIDES AND LEISURE

A leading designer and manufacturer of innovative waterslides and attractions, Australian Waterslides and Leisure (AWL) is also able to advise clients in the areas of concept and design, feasibility…

read more

Aquatics / Attractions / Play / Waterparks

 
 

Intelligenz

Intelligenz provides Leisure Management Software for managing all your Program Registrations, Facility Bookings, Membership Sales and POS Transactions; including detailed Reporting, automated…

read more

Access / Billing / Finance / Marketing / Technology

 
 

PAYSMART

Headquartered in Brisbane with an Australia-wide network of satellite offices, PaySmart is one of Australia’s largest and longest-standing direct debit billing companies. In 1996 we began…

read more

Access / Billing / Fitness / Technology

 
 

HRMWEB

At easyemployer we've come up with a software solution that manages one of your most important, and often most costly, business resources - your staff. We are helping 100s of clients to…

read more

Finance / Fitness / Technology

 
 

Humanforce

Humanforce is a global provider of workforce management solutions for companies who need flexibility to manage complex workforces. Companies use Humanforce to manage everything from time and…

read more

Hospitality / Retail / Technology / Venues

 
 

Fun Wheels Pty Ltd

Fun Wheels Pty Ltd are the premium dealer in Australasia for the Dutch company BERG’s commercial and domestic products. Our flagship product is their revolutionary pedal go-kart – the…

read more

Attractions / Tourism / Venues

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business