Post history

History for coochiee

The Auckland Stadium Question

Back to topic

Current version

Posted March 25, 2025 10:05 · last edited March 25, 2025 13:00

Footy_Fella

I had thought the Quay Park stadium didn't need any public money. Seems that was very very wrong.

Hopefully for now Council decline both proposals to give the Quay Park backers some more time to try find a white knight private investor. But is investing in stadiums even a thing?

From what I read the often quoted comparable BC Place in Vancouver - similar sized city, downtown semi industrial location etc - which holds over 200 events per year of various size, makes money as a going concern. But then it was built 40 years ago (1983). Construction costs have probably quadrupled or more since then.

Previous versions

2 versions
Unknown editor edited March 25, 2025 13:00
Footy_Fella

I had thought the Quay Park stadium didn't need any public money. Seems that was very very wrong.

Hopefully for now Council decline both proposals to give the Quay Park backers some more time to try find a white knight private investor. But is investing in stadiums even a thing?

From what I read the often quoted comparable BC Place in Vancouver - similar sized city, downtown semi industrial location etc - which holds over 200 events per year of various size, makes money as a going concern. But then it was built 40 years ago (1983). Construction costs have probably quadrulped or more since then.
Unknown editor edited March 25, 2025 10:06
Footy_Fella

I had thought the Quay Park stadium didn't need any public money. Seems that was very very wrong.

Hopefully for now Council decline both proposals to give the Quay Park some more time to try find a white knight private investor. But is investing in stadiums even a thing?

From what I read the often quoted comparable BC Place in Vancouver - similar sized city, downtown semi industrial location etc - which holds over 200 events per year of various size, makes money as a going concern. But then it was built 40 years ago (1983). Construction costs have probably quadrulped or more since then.