The proposed $2.7 billion redevelopment of the Gabba stadium for the Brisbane 2032 Olympics is facing significant opposition. John Coates, Vice President of the International Olympic Committee, has called for the upgrade to be scrapped in favor of considering other venues. The Australian Olympic Committee (AOC) has echoed this sentiment, with further calls to abandon the redevelopment plans. Former Queensland Premier Peter Beattie has also weighed in, suggesting that the rebuild is harming public support for the Olympics and advocating for the plan to be dropped. Additionally, economic modeling has cast doubt on the financial viability of the project, indicating that it would fall significantly short of breaking even.
Economic modelling of the Brisbane Arena Olympics project found it would not even reach the halfway point of breaking even, intensifying doubt over a second key 2032 Games build: https://t.co/LHDK09nDsp https://t.co/rLjlny9BO8
Former Queensland premier Peter Beattie believes the plan to rebuild the Gabba is βderailing public supportβ for the Olympics and says Queensland should dump the redevelopment plan. https://t.co/bgF9thOffB
There have been further calls to abandon plans to redevelop the Gabba for the 2032 Brisbane Olympics in a bombshell call by the AOC. https://t.co/WzqyUenZmL
Olympics boss tells Queensland to ditch $2.7bn plan for Gabba demolition and rebuild https://t.co/J5T8oUvjXj
The future of the Gabba's $2.7 billion rebuild appears bleak as Olympics powerbroker John Coates calls for the upgrade to be abandoned and other venues considered for Brisbane's 2032 Games. https://t.co/44g4075GoU