Sydney Olympic Stadium Edges Closer to Redevelopment

Plans to redevelop the Olympic Stadium in Sydney could be revealed to fans in the next five weeks after operators received submissions from construction firms.

Operators ANZ Stadium said on Thursday that submissions had been sent in by construction giants Brookfield Multiplex and Laing O’Rourke, medic who are bidding for the right to upgrade the arena and the surrounding area.

It is believed the work will cost AU$250m and that the redevelopment could start in 2015.

“The design concepts we have seen at this point from both consortiums are exceptional and will provide Sydney with one of the greatest multi-purpose sports and entertainment stadiums in the world,” Daryl Kerry, Stadium Australia Operations managing director, said in a statement.

“Stadium Australia Operations hopes to be in a position, within the next five weeks, to release at least some of the design concepts for the redevelopment, which should generate a lot of excitement.”