NSW GOVERNMENT CONFIRMS $810 MILLION REDEVELOPMENT OF ANZ STADIUM INTO WORLD-CLASS RECTANGULAR STADIUM
29 Mar 2018
|Image: Artist's impression of the new Stadium Australia|
THE NSW Premier, Gladys Berejiklian MP, and the Minister for Sport, Stuart Ayres MP, have today committed to the redevelopment of ANZ Stadium as a world-class rectangular stadium while announcing revised funding for ANZ Stadium and Allianz Stadium based on business cases prepared by Infrastructure NSW.
The revised funding for ANZ Stadium provides for a budget of $810 million refurbishment of ANZ Stadium into a 70,000-seat rectangular venue that will bring 46,000 fans closer to the action, rather than a knockdown-rebuild of the stadium at Sydney Olympic Park. The works are scheduled to begin late 2019 and be completed by 2021.
In making the announcement, the Premier said the revised funding package would cut the cost of the original estimated expenditure by some $500 million while still ensuring Sydney remains the major events capital of Australia and continues to host the NRL Grand Final.
On the back of today’s announcement, the NRL has today confirmed Sydney will continue to host the NRL Grand Final through to at least 2045.
The decision will provide for tremendous improvements to the Member and fan experience at ANZ Stadium and is good news for the Clubs that call ANZ Stadium home, and promoters who bring global events to Sydney’s Olympic venue.
Venues NSW – the Government entity that oversees ANZ Stadium – will now continue its project planning discussions with Infrastructure NSW to confirm final design and the exact scope of the work to be done on ANZ Stadium.