Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search

 

Waterfront stadium to cost $900m plus

Waterfront stadium to cost $900m plus

The Eden Park Trust Board today released a report by international quantity surveying consultancy WT Partnership into the cost to complete a waterfront stadium in time for the 2011 Rugby World Cup.

On November 10 the Government released a cost estimate for the waterfront stadium of $498m ($498,848,000).

Since then WT Partnership has reviewed the Government’s figures line by line and put the cost of the waterfront stadium at $902m ($902,250,000).

A second new peer review of the waterfront stadium costings by Davis Langdon, an international quantity surveying firm with substantial experience in stadia, has estimated the waterfront costs at $912m.

The two peer reviews were conducted independently.

On top of the estimated $900m plus figure, Eden Park’s transport and engineering experts say additional expenditure on improvements to Quay Street and to Britomart, would be required to service the transport needs of a waterfront stadium. The $900m also excludes possible mitigation for affected parties, e.g. local businesses, waterfront apartment dwellers and Port neighbours.

Key differences between the Government’s and WT’s estimates included allowances for:

Iconic design provisions to meet the expectations of the New Zealand public for a national stadium

Acceleration costs to compensate for extended working hours and double-shifting needed get the stadium completed on time

Relocation and land purchase costs for POAL

Contingencies

A negotiated contract (as opposed to a competitive tender).

WT Partnership also identified a number of missing elements from the Government’s cost estimate, including:

40 additional corporate boxes needed to meet IRB requirements

Corporate reserve seating fit-out

ICC cricket facilities including cricket practice nets.

Eden Park Chief Executive John Alexander said WT had put the base cost to construct the waterfront stadium at more than $120m more than the Government’s estimate.

“These two new QS reports match up with industry benchmark figures of $9,000 per seat, for stadia seating more than 50,000 people,” Mr Alexander said.

“We challenge the Government’s cost-per-seat estimate of $6,000.”

Mr Alexander said that Eden Park’s design plans were well advanced, which meant that the Trust Board had a high level of certainty over the redevelopment cost of $385m.

WT Partnership ( http://www.wtpartnership.com) is an international consulting quantity surveying practice. It has worked on a range of significant projects including the Melbourne Cricket Ground, Stadium Australia, the proposed new stadium in Perth, Vector Arena, Britomart and Auckland Art Gallery.

The report is available on request.

Ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Pike River: Mine Drift Re-Entry Plan To Proceed

The Pike River Mine Drift will be re-entered, Minister Responsible for Pike River Re-entry Andrew Little announced today.

“I’ve decided the Te Kāhui Whakamana Rua Tekau Mā Iwa - Pike River Recovery Agency, recommended course of action to enter the drift, using the existing access tunnel, is by far the safest option,” said Andrew Little...

“The advice I have received indicates that it is likely to be around February before the re-entry proper gets underway, by breaching the 30m seal.” More>>

 

Appointments: New High Commissioner To Australia Announced

“Dame Annette King needs no introduction given her long running career as a parliamentarian where she has previously held a number senior Cabinet portfolios, including Justice, Police and Health. She also was Parliament’s longest serving female MP with 30 years’ service,” said Mr Peters. More>>

ALSO:

Rebuilding: Silvia Cartwright To Lead Inquiry Into EQC

“The inquiry will be the first of its kind under the Public Inquiries Act 2013 and will have all the powers of a Royal Commission, be independent of Government and make its report directly to the Governor-General. More>>

ALSO:

Gordon Campbell: On The Royal Commission Into Child Abuse

Obviously, it is good news that the coalition government has broadened the scope of its Royal Commission into the abuse of children, beyond its previous focus on children in state care. More>>

ALSO:

Cases Delayed: Court Staff Refuse To Handle Sentencing Papers

Dozens of court cases have reportedly been delayed, as court staff escalate industrial action at two Auckland courts by enforcing a ban on handling sentencing papers. More>>

ALSO:

Education: Primary Teachers Rolling Strikes

RNZ Report: More than 100,000 primary school students in Auckland will be home from school today as teachers and principals walk off the job for the second time this year. It's the start of a week of rolling one-day strikes around the country, after the collapse of contract negotiations last Thursday. More>>

ALSO:

"Process Was Sound": Inquiry Into Haumaha Appointment Released

The Inquiry’s purpose was to examine, identify, and report on the adequacy of the process that led to the appointment. It found the process was sound and no available relevant information was omitted. More>>

ALSO:

Govt Loses In Supreme Court: Call For Debate On Prisoners' Right To Vote

The court earlier this week upheld a High Court decision which found that a law restricting a prisoner's right to vote was inconsistent with the Bill of Rights. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels