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New stadium - 2025

Bob

Juniors
Messages
1,389

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
21,867
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
21,867

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

Coach
Messages
16,988
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
2,137
According to the latest ABC report the stadium is still going ahead, and they still are deciding on whether to acquire the Paceway.
 
Messages
21,867
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
2,137
They have said they are looking at the budget re: Paceway, but seem to agree with it being built.
 

GongPanther

Referee
Messages
28,281
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
2,137
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!
 

TheEroticGamer

Juniors
Messages
1,100
Only chance of it getting canned will be by the libs themselves. Labor may talk tough here and there to look good for the Fitzsimmons base but they’d never actively go against it if they form government, they’d just pussyfoot around and say they’ll honour the commitment of the previous government like the feds are doing with the tax cuts. To do otherwise would be political suicide in an electorate that’s already on edge with them after what they’ve done to the area in recent years.
 

Kilkenny

Coach
Messages
13,135
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!
Peter Fitzsimmons is a moron. His credibility is zero, he has just resigned from being the head of the republicans movement so they are probably a chance given he is no longer involved.
 

Bob

Juniors
Messages
1,389

NRL stadiums: NSW Government, Andrew Abdo back new Penrith stadium viability​

The NSW Government and NRL remain confident Penrith’s planned stadium will be viable despite projections its cost-benefit ratio will fall well below acceptable levels
Stuart Ayres and NRL CEO Andrew Abdo are confident a new stadium in Penrith, on separate land, won’t turn into a white-elephant in western Sydney.

Penrith is still slated to receive a new $300 million venue after planned upgrades to a number of other suburban grounds stalled, including Brookvale and Leichhardt Ovals, sparking a rift between NRL powerbrokers and the NSW government.
But rather than rebuild the Panthers’ home at BlueBet Stadium, Ayres has been pushing for the new venue to built on the Paceway site — which sits on a larger parcel of land.
While the new stadium would be home to the back-to-back premiers, Ayres, the member for Penrith, insisted it would be a multipurpose venue ensuring its viability.
“The Paceway site is by far and away the best site for the stadium. It‘s the best site for Penrith the city,” Ayres said.
“(That‘s) just (because of) size.
“We‘ve seen as we’ve redone Commbank from the old Parramatta Stadium, even what we did at Allianz, just modern facilities are bigger.
“There‘s more space, there’s more public amenity, there’s more space between concourses and seats, there’s more food and beverage options.
“More rooms that can be hired. So non-event day revenue can be can be higher as well.”
Artist impressions of the proposed redevelopment of the Penrith Paceway site by Capital Corp and Club Paceway.

Artist impressions of the proposed redevelopment of the Penrith Paceway site by Capital Corp and Club Paceway.
In September, state government documents revealed the cost of the stadium could blow out if it was relocated to a harness racing paceway site next door to BlueBet Stadium.
The proposal for a new venue at Penrith was the only suburban ground project to survive a savings review by the NSW government.
Documents tabled in the review revealed the ‘benefit cost ratio’ for Brookvale Oval was 0.24 – well below the target figure of “1”.
It’s understood the ratio for the Penrith Stadium is not much better.
But Abdo said the new stadium would be a boost for the entire region, not just rugby league.
“There needs to be a business case for each stadium, which the government has committed to doing and have done for each of the stadiums that have been built,” Abdo said.
“These are community assets, they are multi sport, multi purpose and they will be run in accordance to that approach. They are not exclusive to rugby league.
“These are community assets, they will have an overall approach with government considerations around population growth and different uses of the facility.”
Penrith’s new stadium would have the capacity to host the NRL’s Magic Round, where every game in round 10 is played at Suncorp Stadium.
While there are no immediate plans to move Magic Round, which has turned into a festival of rugby league, away from Brisbane, there is a growing push to take the event on tour across the country.
“There’s no comment on that at moment. We obviously think very carefully about ways which we can make all stadium infrastructure viable but we haven’t given any thought to content arrangement at the moment,” Abdo said.
While the Paceway is yet to be officially rubber stamped as the stadium’s new site, it would allow the Panthers to avoid shifting to Commbank Stadium during construction, and continue playing at BlueBet next season.
“We‘re just progressing with our commercial negotiation with the Paceway, the adjoining land,” Ayres said.
“It‘s definitely the best spot to build the stadium. We know that. We’ll just go through that process and get a good result.
“It‘ll mean that the players and the fans know that we’re playing at the existing Penrith stadium next year.
“But once we get that deal done, we‘re going to get on with it and build a stadium that outer Western Sydney deserves.
“But definitely next year they‘ll be playing here while we complete our commercial negotiation.”
 

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