Adelaide Oval’s redevelopment project cost has topped $610 million.
First announced as a $450 million fixed cost redevelopment, the additional costs include an $85 million payment to the South Australian Cricket Association, $30 million in external and parklands works, $40 million for a footbridge and $5 million in upgrade costs for the Western Grandstand.
The costs were updated in the Auditor-General’s project report for the period to December 2013, tabled in State Parliament yesterday.
The report confirms that $30 million in Commonwealth funding was deemed to be outside of the $535 million statutory limit.
“… the Commonwealth funds have not been included in the amount of public money made available and expended with respect to the $535 million limit as required,” the report said.
The Commonwealth funds were split into two parts: $18 million paid directly to the Adelaide Oval Stadium Management Authority (AOSMA) for “other certain works associated with the Oval redevelopment” and $12 million for work on parklands adjacent to the stadium.
The parklands work included;
- $4.5m for Northern Parklands upgrade works
- $2m for Creswell Pannington Gardens West upgrade
- $4m for other works in the Northern Parklands
- $1.5m for “other precinct” works for the northern side of the Torrens.
The Auditor General’s report shows that AFL has so far paid half of its $5 million (in January).
Local News Matters
Media diversity is under threat in Australia – nowhere more so than in South Australia. The state needs more than one voice to guide it forward and you can help with a donation of any size to InDaily. Your contribution goes directly to helping our journalists uncover the facts. Please click below to help InDaily continue to uncover the facts.