News

April 24, 2017

$271 million set aside for stage three of Melbourne Park

Email    Print Friendly and PDF

The Victorian government has announced another $271.55 million will be provided to complete the third stage of the Melbourne Park redevelopment.

The funding for the new stage guarantees that the Australian Open stays at Melbourne Park until at least 2036.

Victorian Treasurer Tim Pallas and Minister for Sport John Eren alongside Tennis Australia chief Craig Tiley and Melbourne Olympic Parks CEO Brian Morris jointly made the announcement yesterday

The new funding follows on from the government investing $338 million for the precinct’s stage two redevelopment in 2014. The first stage, which began in 2010, cost $366 million.

Stage two is set to be completed for the 2019 Australian Open, with construction of stage three to begin the same year.

The third stage will feature a new multi-purpose 5,000-seat sunken show court and arena, central terrace with a new elevated outdoor public space, a new function centre as well as a new media centre and broadcast studios.

“Yet again the State Government is showing its belief the Australian Open is one of the premier sporting and entertainment events,” Tiley said.

“The Victorian Government has played a major role in the remarkable success of our Grand Slam with its foresight and planning.”


0 Comments


Be the first to comment!


You must be logged in to post a comment.

Scroll to the top of the page to login using your Facebook or Twitter account.
Alternatively, Login or Register here.



a-league-2016-17-summer-campaign
FFA confirms six year A-League broadcast deal with Fox Sports By Sports Business Insider at December 20, 2016
Apparel company BLK reportedly in receivership By Sports Business Insider at November 16, 2016
NAB take the naming rights to AFL Women’s League By Sports Business Insider at October 11, 2016
Australian Rugby Union’s wicked problem By Sports Business Insider at April 19, 2017
Jaro continues to go from strength to strength in 2017 By Sports Business Insider at April 11, 2017
Rising Pune Supergiants Logo
Part 3: Nick Tsaousidis – An Aussie in India! By Sports Business Insider at March 16, 2017
Part 2: Nick Tsaousidis – An Aussie in India! By Sports Business Insider at March 2, 2017
Nick Tsaousidis – An Aussie in India! By Sports Business Insider at February 24, 2017
AFC Logo (2012_3x2)
Reigning AFC Champions League winners banned from the 2017 tournament By Sports Business Insider at January 19, 2017
San Diego Chargers expected to relocate back to LA By Sports Business Insider at January 12, 2017
NHL looks to increase presence in China By Sports Business Insider at January 10, 2017