Common questions still remain about Tasmania’s new stadium costs, how you'll get there on game day, why it needs a roof and what other events could be held there.
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00:00With the stadium project now forecast to cost $775 million, the Macquarie Point Development
00:08Corporation says that extra $60 million is needed for potential fluctuations in fees,
00:13materials and labour costs.
00:15But they're confident the stadium can be delivered at a lower cost by finding tweaks in the design
00:20as planning progresses.
00:22The State Government says its contribution will remain capped at $375 million.
00:27The AFL will provide $15 million and the Federal Government has committed $240 million.
00:33But that could impact Tasmania's share of GST revenue.
00:37Whatever the shortfall will need to come from the private sector, but no one has signed
00:41on yet.
00:42The cost of the stadium is adding to Tasmania's ballooning debt.
00:46Ratings agency S&P Global is flagging it as a risk, saying it will probably shift the
00:51state's AA plus credit rating down.
00:54Of course, one of the key questions in the stadium debate has been, how do we get there?
00:59And will there be gridlock in the city on game day?
01:01Well, to start with, there'll be no public car park at the stadium.
01:05Punters will be encouraged to catch a bus, ferry, ride a bike or walk.
01:10There will be park and ride facilities in outer Hobart suburbs and rapid bus services
01:14closer to the city.
01:16The traffic modelling in the report actually presumes 60% of patrons will use public transport
01:21on game day or night.
01:23Under that scenario, developers liken traffic congestion to a typical weekday morning during
01:28peak hour.
01:29A large portion of the stadium budget funds the roof, $190 million.
01:35The Macquarie Point CEO points out that not having a roof would create costly issues and
01:40design challenges, including disruptive light towers and noise problems.
01:45If we were to look at an alternative without a roof, we would still require that solid
01:49annulus and it would need to be a bit higher to get the weather protection for the drip
01:52zone across the seating bowl and it would need to stretch out a bit further.
01:57So how much will the stadium actually be used?
01:59The report estimates the ground will host events on at least 35 to 38 days per year.
02:05Most of those are likely to be sport, including cricket and rugby, along with one full stadium
02:10concert and one smaller concert, plus an event like boxing or monster trucks every second
02:16year.