Sydney News & Life

Sydney News & Life - Features the latest local news, weather, travel, business, luxury lifestyle, local events for Sydney and NSW.

Allianz Stadium Only $18 Million

The $714 million cost to knock down and rebuild Allianz Stadium could have been a lot less for a similar outcome.

A report published in the SMH says in a secret report that the stadium could have cost as little as $18 million.

From the report:

The report, by Asset Technologies Pacific and marked confidential, says Allianz Stadium could be upgraded to address “current non-compliance” for $18,153,800.

It goes on to say that Allianz would incur “minor non-compliance” issues with “each succeeding iteration of the standards, legislation and codes”. But these could be easily fixed.

“These minor issues can be addressed through partial voluntary upgrades over the forthcoming 10-year period until such a time as the next major refurbishment is undertaken,” the report says.

The report also says that a “critical remediation” of Allianz would cost $130 million but this would include “end of life issues” ranging from refurbishing “bathroom and public amenities” to repairing the trust’s pool deck and change room and scoreboards.

The report