The builder for the 60,000 seat Perth Stadium says its cost will come in around $40 million under its $902 million budget, after officially inking the construction contract with the state government.
The signing of the deal paves the way for work to start later this year, in time for the stadium to be completed in time for the 2018 AFL season.
Brookfield Multiplex Australasia chief executive John Flecker said the project, which will be built by the Westadium consortium led by the builder and John Laing, would create around 5,700 jobs in its construction phase and provide a $2.5 billion boost to the Western Australian economy.
“This project resonates with Brookfield on many levels – it gives us an opportunity to capitalise on our local knowledge, while also drawing on our international construction, financial advisory and facilities management expertise to help deliver something that is truly world-class,” Mr Flecker said.
The stadium has been designed by Cox Architects, Hassell, HKS and Arup, which count the Sydney Cricket Ground, Adelaide Oval, the 100,000-seat AT&T Stadium in Texas and the Beijing Olympics National Aquatic Centre as past projects.
The arena design was unveiled midway through last month, with a significant focus on delivering the best possible experience for spectators.
