Hobart stadium cost up to $945m as enabling legislation released
8 Articles
8 Articles
Cost of Tasmania’s Stadium Project Blows Out to Nearly $1 Billion
A multi-purpose stadium project with 23,000 seats in Tasmania has been subject to a cost overrun of $230 million (US$149 million). On May 27, the Tasmanian government released details of a bill to enable the construction of the Macquarie Point Urban Renewal Project—a major redevelopment initiative aimed at transforming a disused waterfront site in Hobart into a vibrant cultural, scientific, residential, commercial, and tourism precinct. It now s…
Draft legislation for Hobart’s Macquarie Point Stadium project released
An artist’s impression of the Macquarie Point Urban Renewal Project. Image: Macquarie Point Development Corporation. Legislation that will enable Hobart’s controversial Macquarie Point Urban Renewal Project to be pushed through has been released for public consultation. The draft legislation released by Minister for Business, Industry and Resources Eric Abetz will permit the commencement of the multipurpose stadium project, which the government …
Australian National Review - Cost of Tasmania’s Stadium Project Blows Out to Nearly $1 Billion
The government said the cost increase was necessary to ensure that the stadium was fit for multi-purposes. A multi-purpose stadium project with 23,000 seats in Tasmania has been subject to a cost overrun of $230 million (US$149 million). On May 27, the Tasmanian government released details of a bill to enable the construction of the Macquarie Point Urban Renewal Project—a major redevelopment initiative aimed at transforming a disused waterfront…
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