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Secret plans for new, ‘free’ waterfront stadium

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  The latest plan for a waterfront stadium involves building a stadium partly sunken into reclaimed land at the Bledisloe Wharf. Photo: Jane Nearing The latest plan for a waterfront stadium involves building a stadium partly sunken into reclaimed land at the Bledisloe Wharf. Photo: Jane Nearing

A group of business people is secretly planning a new national stadium for the Auckland waterfront, to be privately funded but standing on key port land reports Tim Murphy for Newsroom.

Newsroom has learned the latest plan for a waterfront stadium involves this consortium building a stadium partly sunken into reclaimed land at the Bledisloe Wharf. It has been put to a range of public agencies and officials on condition they sign non-disclosure agreements.

This proposal is different from a publicly-released drawing of a partly-submerged stadium put forward by an Auckland designer and marketer Phil O'Reilly in April.

The land-based Bledisloe stadium is likely to cost many hundreds of millions, with the latest assessment of a downtown stadium by consultants PwC in May putting the price of a waterfront arena at $1.5 billion.

Funding would be from local businesses and investors, not ratepayers or taxpayers, getting past a key sticking point for the Auckland Council and Government in past proposals. . . . continue the read >

  • Source/ReadMore: A Newsroom release by Tim Murphy
Published in CONSTRUCTION
Tagged under
  • Construction
  • Events
  • Business
  • news talk
  • interesting

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