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New stadium - 2025

Bob

Juniors
Messages
1,247

Penrith Stadium’s $309m upgrade could blow out if relocated, documents reveal​

Newly-released documents show the multimillion-dollar upgrade of Penrith Stadium could blow out in cost if it is relocated to a site close by.
The $309m upgrade of Penrith Stadium could blow out in cost should it be relocated to a harness racing paceway site next door, state government documents revealed.

The documents, released to state parliament last week following a call for papers by Labor, included minutes of meetings involving Projects NSW, Office of Sport, Penrith Stadium and Penrith Paceways representatives.
Sports Minister Alister Henskens told Budget Estimates two weeks ago that no decision had yet been taken to acquire the paceway site.
Minutes from a meeting of stadium stakeholders held on May 26 this year revealed the existing budget might not be enough if the paceway site was to be an option.
Asked when the redevelopment might begin, Projects NSW head Tom Gellibrand said if there was not change to the budget “or the site … we commence the project asap after the 2022 footy season”.
The expected $309 million upgrade to Penrith Stadium could blow out in cost if it’s relocated, documents reveal.

However, if it was decided to move the stadium to the paceway site, “then we need to secure the land and would need additional budget”.

Mr Gellibrand also revealed how the government would likely require the entire Paceway site rather than only a portion.

“Often the government requires the whole site,” Mr Gellibrand was recorded as stating.

While Penrith Paceway has been open to moving, its representatives told the meeting that it would have to be on their “terms” and include compensation.

“We are all for the stadium redevelopment but not at the cost of our business and livelihood,” the minutes said.
The documents, which also included minutes from other meetings held throughout this year, also noted how Infrastructure NSW had confirmed to Penrith City Council on April 4 how the stadium would include 22,000 seats.

At a later meeting held on May 20, the NSW Government met with Panthers Group, who said they would like a 30,000-seat stadium.

On June 28, Infrastructure Minister Rob Stokes lodged a “project authorisation order” for the “delivery of a new stadium with a capacity of up to 25,000 on the site”.

A business case for the stadium – which is in the ultra-marginal Liberal seat of Penrith held by Stuart Ayres – has been finalised, but is understood to be now being “re-prosecuted.”

A request for the business case by the council in April was knocked with the NSW Office of Sport declaring how the document was Cabinet confidential and unable to be shared.

The stadium is the only suburban stadium project to survive a savings review, with the tabled documents revealing how the “benefit cost ratio” figure for Brookvale was 0.24 – well beyond the desired figure of “1”.

While the BCR for Penrith Stadium has not been released, it is understood it is not much better.
 
Messages
21,732
We can kiss the new stadium
Goodbye.minutes from a recent stadium stakeholders meeting they might not have enough money n the budget to buy the paceway sight .This is the start of the back flip

If there’s cost pressures the club needs to consider shifting focus and getting something done on the current site.
 
Messages
21,732

Penrith Stadium’s $309m upgrade could blow out if relocated, documents reveal​

Newly-released documents show the multimillion-dollar upgrade of Penrith Stadium could blow out in cost if it is relocated to a site close by.
The $309m upgrade of Penrith Stadium could blow out in cost should it be relocated to a harness racing paceway site next door, state government documents revealed.

The documents, released to state parliament last week following a call for papers by Labor, included minutes of meetings involving Projects NSW, Office of Sport, Penrith Stadium and Penrith Paceways representatives.
Sports Minister Alister Henskens told Budget Estimates two weeks ago that no decision had yet been taken to acquire the paceway site.
Minutes from a meeting of stadium stakeholders held on May 26 this year revealed the existing budget might not be enough if the paceway site was to be an option.
Asked when the redevelopment might begin, Projects NSW head Tom Gellibrand said if there was not change to the budget “or the site … we commence the project asap after the 2022 footy season”.
The expected $309 million upgrade to Penrith Stadium could blow out in cost if it’s relocated, documents reveal.

However, if it was decided to move the stadium to the paceway site, “then we need to secure the land and would need additional budget”.

Mr Gellibrand also revealed how the government would likely require the entire Paceway site rather than only a portion.

“Often the government requires the whole site,” Mr Gellibrand was recorded as stating.

While Penrith Paceway has been open to moving, its representatives told the meeting that it would have to be on their “terms” and include compensation.

“We are all for the stadium redevelopment but not at the cost of our business and livelihood,” the minutes said.
The documents, which also included minutes from other meetings held throughout this year, also noted how Infrastructure NSW had confirmed to Penrith City Council on April 4 how the stadium would include 22,000 seats.

At a later meeting held on May 20, the NSW Government met with Panthers Group, who said they would like a 30,000-seat stadium.

On June 28, Infrastructure Minister Rob Stokes lodged a “project authorisation order” for the “delivery of a new stadium with a capacity of up to 25,000 on the site”.

A business case for the stadium – which is in the ultra-marginal Liberal seat of Penrith held by Stuart Ayres – has been finalised, but is understood to be now being “re-prosecuted.”

A request for the business case by the council in April was knocked with the NSW Office of Sport declaring how the document was Cabinet confidential and unable to be shared.

The stadium is the only suburban stadium project to survive a savings review, with the tabled documents revealing how the “benefit cost ratio” figure for Brookvale was 0.24 – well beyond the desired figure of “1”.

While the BCR for Penrith Stadium has not been released, it is understood it is not much better.

22k, 25k or 30k all mentioned

I’m a little disappointed to read the club wanted 30k, that’s too big. Room for growth is okay, but not 80% growth on a top of the table season. Parramatta have been averaging 17-18k in their 30k seat stadium.
 

Iamback

First Grade
Messages
6,837
We can kiss the new stadium
Goodbye.minutes from a recent stadium stakeholders meeting they might not have enough money n the budget to buy the paceway sight .This is the start of the back flip

Sadly I never expected it, Atleast we didn't lock in Parra then had it pulled
 

forby

Juniors
Messages
2,011
According to the latest ABC report the stadium is still going ahead, and they still are deciding on whether to acquire the Paceway.
 
Messages
21,732
People are being a bit pessimistic thinking this won’t happen. I sort of understand it as the govt has changed a lot of stadium plans, but the politics helps It a lot. Penrith is a seat the Liberals must retain if they’re to hold on to govt, cancelling it now would really hurt their chances in the seat. If Labor win it could get cancelled, depending on what stage it‘s at, but even then I think it’s more likely to go ahead. Labor won’t want to be seen to be cancelling a huge project in western Sydney.
 

forby

Juniors
Messages
2,011
They have said they are looking at the budget re: Paceway, but seem to agree with it being built.
 

GongPanther

Referee
Messages
26,562
It was on the 7:30 report on the ABC. Why did they decide to air it a few days before our prelim final?

1/ ABC loves Souths for the obvious varying reasons.

2/ AFL just copped a black eye days away from their GF with claims of racism from the Hawthorn club. This 7:30 report re the Panthers, is a sad reason by the ABC to detract attention away from this issue.

What they don't mention is that the stadium will be a public asset that will continue to make money for the public in the long run.

Whatever the reasoning, when we win on Saturday, be assured that the media will be coughing up shit on the Panthers left right and centre from Sunday onwards till the GF.
 

forby

Juniors
Messages
2,011
Fitzsimons comments were totally ridiculous.
Penrith has more money than it knows what to do with
I'm sure they want 30k stadium. Why don't they pay for it!

He has just confirmed what we already knew - he is a total twat!

Greentree also didn't mention that they have been trying to get the Paceway rezoned so they can pull it down and put in more than 1500 apartments!
 
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