- Sep 4, 2005
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- 1,425
Stadiums today cost an absolute fortune and then some.
Average stadium (including ball parks) in the states cost over $1billion. In fact the new Rams stadium in LA is likely to be the first top $2billion.
Been reading Stadia (5th Ed.) by Populous and there really has been some eye openers. About 20 minutes ago I found out the cost break downs on average for differing sizes of capacity. For 60,000 it breaks down like so:
Between £3-4,750 per seat (£180m - 290m in our case).
64% Accommodation
9% Transportation
12% Roof
14% Bowl Terracing
1% Event Area
On top of all this, we have a world first with 2 pitches, a ground breaking sliding pitch, the highest spec money can buy, a viewing galley underneath the northern roof, tons of glass (poss. bespoke) and all the lastest technologies. That's before you get into the complex construction with phasing of the build (only ever done once before in Europe, off the top of my headay - Bilboa).
Stadiums are not profitable buildings, well nor immediately after the build. It's not like housing where you can just throw them up and sell them. Stadia pay for themselves, over time, usually a long time.
Average stadium (including ball parks) in the states cost over $1billion. In fact the new Rams stadium in LA is likely to be the first top $2billion.
Been reading Stadia (5th Ed.) by Populous and there really has been some eye openers. About 20 minutes ago I found out the cost break downs on average for differing sizes of capacity. For 60,000 it breaks down like so:
Between £3-4,750 per seat (£180m - 290m in our case).
64% Accommodation
9% Transportation
12% Roof
14% Bowl Terracing
1% Event Area
On top of all this, we have a world first with 2 pitches, a ground breaking sliding pitch, the highest spec money can buy, a viewing galley underneath the northern roof, tons of glass (poss. bespoke) and all the lastest technologies. That's before you get into the complex construction with phasing of the build (only ever done once before in Europe, off the top of my headay - Bilboa).
Stadiums are not profitable buildings, well nor immediately after the build. It's not like housing where you can just throw them up and sell them. Stadia pay for themselves, over time, usually a long time.
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