Taxpayer $600m up for grabs:
A decision that will shape the way Sydneysiders view sport for decades to come is set to be delivered in as little as six weeks. There is no official date for the review to be completed but it is understood the parties and the government want an announcement before the NSW election on March 28.
...claim there is a global trend towards building football grounds with a capacity of between 65,000 and 70,000, and cite as an example the home of the recent Super Bowl in the US, the $US455 million ($585 million) University of Phoenix Stadium – with a retractable roof and moveable stands – which opened in 2006.
Such a development at Allianz Stadium would complement last year's opening of a new $197.5 million northern stand at the adjacent SCG, which cost the NSW government $97.5 million, and the federal government and SCG Trust $50 million each. At the least, the trust is hoping for the funds to overhaul Allianz Stadium, Sydney's premier rectangular field since it was opened in 1988, including possibly an underground carpark.
If Stadium Australia Group gets its way, the privately owned ANZ Stadium would receive $250 million from the allocation, understood to be the first time it has received public money since the stadium was built. The grant, added to $100 million of the owner consortium's funds, would pay to build a retractable roof and make the northern and southern stands mobile, like the eastern and western stands, creating a rectangular-shaped arena. It may also build a new retail precinct in the surrounds.
http://www.smh.com.au/sport/sydneys...bitter-fight-for-funding-20150214-13e2nq.html
A decision that will shape the way Sydneysiders view sport for decades to come is set to be delivered in as little as six weeks. There is no official date for the review to be completed but it is understood the parties and the government want an announcement before the NSW election on March 28.
...claim there is a global trend towards building football grounds with a capacity of between 65,000 and 70,000, and cite as an example the home of the recent Super Bowl in the US, the $US455 million ($585 million) University of Phoenix Stadium – with a retractable roof and moveable stands – which opened in 2006.
Such a development at Allianz Stadium would complement last year's opening of a new $197.5 million northern stand at the adjacent SCG, which cost the NSW government $97.5 million, and the federal government and SCG Trust $50 million each. At the least, the trust is hoping for the funds to overhaul Allianz Stadium, Sydney's premier rectangular field since it was opened in 1988, including possibly an underground carpark.
If Stadium Australia Group gets its way, the privately owned ANZ Stadium would receive $250 million from the allocation, understood to be the first time it has received public money since the stadium was built. The grant, added to $100 million of the owner consortium's funds, would pay to build a retractable roof and make the northern and southern stands mobile, like the eastern and western stands, creating a rectangular-shaped arena. It may also build a new retail precinct in the surrounds.
http://www.smh.com.au/sport/sydneys...bitter-fight-for-funding-20150214-13e2nq.html
