Get the latest news to your email inbox FREE!

REGISTER

Get the latest news to your email inbox FREE!

REGISTER
HomeSportStadium expansion funding goal still in sight

Stadium expansion funding goal still in sight

With only a couple of weeks remaining until the Federal Government delivers its next budget, Sunshine Coast Council and stadium supporters remain hopeful the budget will include funding which will see the Sunshine Coast Stadium Expansion project become a reality.

With a population of more than 330,000 people, and the second highest forecast population growth rate in Queensland through to 2041, council has an ambition to develop a stadium that will have the capacity to stage international and national sporting, recreational and entertainment events.

The Sunshine Coast Stadium Expansion project has widespread support, securing $20 million from the Queensland Government, $11 million from local philanthropists and $17 million from council.

The final piece of the funding puzzle is the $20 million contribution council is hopeful of securing in the Federal Government budget.

Rugby League legend and local business owner Billy Moore was hopeful the Federal Government would come through with funding and was excited to see the project go ahead.

“If we’re lucky enough to get the funding, it will give us the opportunity to create jobs right now, and when it’s finished it’ll be great for local businesses, event organisers and sporting clubs, so it would be a shame to see the project shelved,” Mr Moore said.

“If we miss out on this Federal Government funding, it puts the project at risk and then the whole region misses out – and how long we’ll continue to miss out is unknown and that’s not a great prospect for our growing region. The lost economic benefits will be huge.”

An enhanced stadium is a missing piece of economic and community infrastructure for a region the size of the Sunshine Coast and its projected growth.

Without an enhanced stadium, the region risks losing opportunities to host future sporting, lifestyle and entertainment events, with event promotors looking to other regions which are developing their facilities.

Local philanthropists Roy Thompson and Rod Forrester have pledged a combined $11 million towards the project, on the condition that the State and Federal governments contribute $20 million each and commit to do so before 30 June 2021.

Australian Sports Foundation Sports Partnership Manager Chris Bond OAM said the pledge from local philanthropist Roy Thompson was the largest philanthropic contribution to any of the thousands of sports projects the Foundation has assisted in the last 30 years.

“The $11 million combined philanthropic pledge to the stadium expansion project presents an incredible opportunity and could leave a lasting legacy for generations to come,” Mr Bond said.

“The pledge will also help the Australian Sports Foundation support more grassroots programs in the region, which is an extraordinary opportunity for all involved, and it would be devastating if it was lost.”

Speaking from experience as a Paralympian who will be off to his third Paralympics in Tokyo come August, Chris said the stadium expansion had been designed to cater for all abilities to enhance the event day experience.

“The proposed design features additional lifts, seating platforms that are advantageous to people in a wheelchair, or not able bodied. The viewing experience and access will be awesome and with the potential Brisbane 2032 Olympics so close to home, this expanded stadium could be a critical component,” Mr Bond said.

“The opportunity to host Olympic events in the region and at Sunshine Coast Stadium has so many benefits and the venue will be a much-needed asset.

“If the $11 million philanthropic contribution is lost, it will also indirectly impact grassroots sport in the region, as the Australian Sports Foundation will have less capacity to support local clubs in need.”

TEG CEO Geoff Jones said this stadium upgrade would be great for the people of the Sunshine Coast.

“It will more than triple the stadium’s seating capacity for sport and major concerts, creating another leg on the tour circuit for major artists and bringing significant employment opportunities to one of South-East Queensland’s fastest growing areas,” Mr Jones said.

Digital Edition
Subscribe

Get an all ACCESS PASS to the News and your Digital Edition with an online subscription

More News

Chance to win a dream home

Noosa is at the centre of Australia’s biggest ever home prize, with a $13.9 million dream home and $250,000 in gold up for grabs,...

Free parking returns

Visitors to Caloundra’s bustling CBD will soon enjoy an easier, more convenient experience, with free parking coming into effect from 2 March. The move, announced...

Tourism subsidy for businesses

Tourism businesses in Noosa are being encouraged to tap into a new state-backed subsidy program offering up to $2000 per operator to invest in...

One hammer at a time

It’s a hive of activity at the Noosa Women's Shed. Women of all ages are working together and will soon prepare timber for 40...

Thanks from family

The family of six-year-old Tessa has thanked the Noosa and Sunshine Coast community for continuing to raise urgent funds to help her. So far, more...

E-mobility concerns

Queensland has a critical opportunity to reverse rising e-mobility injuries and become a world leader in micromobility safety, according to the RACQ, as new...

Baggage boost for airport

Noosa travellers heading interstate or overseas can expect smoother departures following the completion of the first stage of Sunshine Coast Airport’s $170 million terminal...

Housing changes

Noosa’s red-hot housing market may be showing early signs of broader change, with new Queensland-wide data revealing buyers are increasingly turning away from detached...

From Sole Tradership to Employer: How Business Owners Can Prepare for Growth

Is your business experiencing sustainable growth, and are you ready to expand further? Do you need to bring in more investors and business partners?...

Top cop retires

Queensland Police Commissioner Steve Gollschewski has announced his retirement, bringing to a close a 46-year career serving communities across the state. Commissioner Gollschewski, Queensland’s 21st...