Allianz Stadium Redevelopment




PROJECT
PIPELINE
STATUS

Prospective pipeline

Credibly proposed

Announced

Under procurement

Preferred bidder announced

Recently closed
Allianz Stadium Redevelopment
STATUS

Prospective pipeline

Greenfield (construction) or brownfield (government asset divestment) projects needed or likely to occur within the next five years, but is not formally proposed by a state, territory or major local government.

Credibly proposed

The project or divestment is supported by a state, territory or major local government, is subject to studies or other processes (such as pre-feasibility or scoping studies or business case development), and is likely to proceed to formal announcement.   

Announced

The project has a firm commitment and timeline from a state, territory or major local government, but has not yet entered the market.

Under procurement

The project or transaction is under procurement (such as a call for Expressions of Interest, requests for tender, or another offer to the market).

Preferred bidder announced

A preferred bidder has been selected and is in exclusive negotiations.

Recently closed

Projects that have progressed to contractual close remain on ANZIP for 12 months.

ANZIP is focused only on major infrastructure activity, above the following thresholds:

Australia

Construction projects: > AUD$300m

Investable greenfield & brownfield: > AUD$100m

New Zealand

All greenfield and brownfield projects and divestments: > NZD $100 million


STATUS: Announced
VALUE: $705M AUD
SECTOR: Social infrastructure
JURISDICTION: NSW
PROCUREMENT APPROACH: Unknown
TYPE: Greenfield

Allianz Stadium will be redeveloped as part of the NSW Government's Stadia package. The package was originally set at $1.6 billion and included $350 million for the new Western Sydney stadium in Parramatta, $450 million for the refurbishment of Allianz Stadium and $700 million for the ANZ Stadium.

In November 2017, the NSW Government announced that it would spend an estimated $2 billion on ANZ and Allianz stadiums alone. The estimated cost of the Allianz Stadium rebuild is $705 million, with the new stadium's expected capacity to be 45,000 seats.

Construction on the new stadium is planned to commence in 2018, with the stadium to open in 2021.

The Allianz Stadium redevelopment was included in Infrastructure NSW's 2014 State Infrastructure Strategy. Allianz Stadium is located on Sydney Cricket Ground (SCG) Trust land, and the SCG Trust have advocated for the need to rebuild the 30 year old stadium, as its failing to meet current safety standards.



Last reviewed: 01/12/2017

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