SCG
The Sydney Cricket and Sports Ground Trust [SCGT] has approached the state government for consent to allow future development on Trust Lands, said Rodney Cavalier, Chairman of the Trust.
For further information please see below: New Grandstand and other works at the SCG
Friday May 26, 2006
The Sydney Cricket and Sports Ground Trust [SCGT] has approached the state government for consent to allow future development on Trust Lands, said Rodney Cavalier, Chairman of the Trust.
"The Trust proposes to build a grandstand on the old Hill which will replace the Doug Walters Stand and fill the void between the Churchill and O'Reilly Stands," said Mr Cavalier. "Its roof will be the same height as the present stand roofs and the proposed new grandstand will improve spectator facilities." (see plan attached below).
"Certain seating areas at the SCG are approaching their 'use-by-date' and the Trust is seeking to undertake these improvements without any tax payers money."
Over the last 20 years the Trust has expended $160 million of its own funds on capital works including construction of the Sydney Football Stadium and redevelopment of major areas of the SCG.
All the stands and other facilities were built by funds subscribed by SCG members and the public.
The Trust has driven down its level of debt from $62 million in 1988 to $6.9 million today. The Trust would be debt free within three years but for the proposed new grandstand.
"It is prudent to manage our capital strength by building new facilities for the public," said Mr Cavalier.
The Trust lands are presently home to the Trust administration, NSW Rugby, the Sydney Swans, the AFL Commission and Cricket NSW. NSW Rugby will soon commence construction of a $7 million facility for their administration, players and community Rugby. The Trust plans to call expressions of interest for sports medicine facilities later this year.
"Any surplus funds generated will allow the Trust to contemplate a staged redevelopment of the SCG grandstands and to develop new facilities on site for sporting associations as well as a variety of other uses without the need for taxpayer funds," Mr Cavalier said.
"Any future proposed developments on Trust lands would be subject to consent from the lawful authority which is the NSW Minister for Planning and the NSW Minister for Tourism, Sport and Recreation," he said.
Any proposed development to the Gold Members car park will incorporate an increased number of car parking spaces and improved infrastructure.
For an artist impression of the new SCG Grandstand development please click link below:
SCG Redevelopment (5.81 MB)