Allianz Stadium Redevelopment
Preferred bidder announced
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.
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.
The project has a firm commitment and timeline from a state, territory or major local government, but has not yet entered the market.
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.
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:
Construction projects: > AUD$300m
Investable greenfield & brownfield: > AUD$100m
All greenfield and brownfield projects and divestments: > NZD $100 million
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.
However, in November 2017, the NSW Government announced that it would spend an estimated $2 billion on ANZ and Allianz stadiums alone, committing to knock down and rebuild both stadiums.
The Infrastructure NSW (INSW) State Infrastructure Strategy, released in early March 2018, recommended that business cases for both ANZ and Allianz stadiums be completed in 2018. The NSW Government supported the recommendation in its response to the Strategy.
The Allianz Stadium rebuild was confirmed by the NSW Government in late March 2018, with the INSW-led final business case proposing options for both a 40,000 seat ($704 to $750 million) or a 45,000 seat ($729 to $775 million) new stadium. INSW found that after 30 years, the stadium has reached the end of its economic life and is failing to meet current safety and access standards. The business case also investigated refurbishment of the stadium, at a cost of $714.5 million, but states that this is not the most cost-effective outcome, nor provides best outcomes. The business case does not recommend which rebuilding option should be undertaken.
It is expected that the new stadium will be rectangular with the following features:
- larger entrance plazas
- improved access and movement within the facility, including extra lifts;
- fully covered seating closer to the field of play;
- wider concourses with food and beverage outlets, including a food court;
- improved premium hospitality and member facilities; and
- a basement ring road.
In June 2018, the Environmental Impact Statement (EIS) was released for public consultation with submissions due by 11 July. The EIS is part of the application for the project to state significant infrastructure, submitted by Infrastructure NSW in April 2018.
The 2018-19 NSW Budget allocated $729 million over four years to the project. Demolition of the stadium is expected to commence by the end of 2018, with construction to begin in the second half of 2019. The new stadium will be completed by March 2022. The expected lifespan for the new stadium will be 50 years.
The Allianz Stadium redevelopment was included in INSW'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.
Last reviewed: 26/06/2018