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Bake

Years ago

Adelaide Arena what now?

I am not certain of the sequence, my memory is not what it used to be,but I am pretty sure it was a condition of development approval. That along with resticting street parking and access from William Road were also hot issues at the time. The concerts in the first year may have had one off exemptions as carry over bookings from Apollo.

We have to fervently hope that the exemptions are not lifted as these make the purchase of the stadium particularly unattractive to a developer. The fact that the stadium was built on top of a rubbish dump will also be a factor. Any redevelopment will require a great deal of addtional remediation as the land is unsuitable for more intensive development.

Again this is not gospel only from the depths of my memory.

It always perplexed me that the local residents had so much say as the houses in William Street were part of the old MATS plan and were earmarked for demolition for a dual carriageway road at that time.

As for the restraint of trade argument, I don't think there would be much of a case. Zoning under the Development Act would preclude any change of use for the site. If Council can stop a Maccas next to a school it would ave no problems stopping a concert hall in a reidential/industrial zone

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Beantown

Years ago

Anon the restraint of trade avenue sounds like a good one for the next owner to pursue if the govt has stopped its compo payments. Would be great to see the stadium become profitable whilst retaining basketball as its prime leaseholder, as we might finally start to see financial stability for the sport in this state.

Reply #376324 Report this topic

Beantown

Years ago

"Basketball? You can go on the far queue". Depressing as the venue sitch is THAT gold nugget from Boti made me smile.

Reply #376321 Report this topic

Bake

Years ago

While in broad agreement with Boti's sentiments, he is wrong in blaming the government for restictions being placed on the stadium. It was a condition of development approval that it would be available only for sporting events. Administrators at the time were fully aware that they could not hire the stadium out for concerts and the like. If they were under the impression that the restrictions would be lifted after the stdium was commissioned they were indeed foolhardy and for that no one can blame the government.

All that being said, I agree that the purchase of the stadium and its operation placed in the hands of interested sporting bodies(not just basketball)would be the way to go.

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skip

Years ago

To my knowledge, there are still very strict restrictions in place, that say it must be a sporting venue, so any potential buyer would be silly to not want the Number 1 tenant to remain there.

Stranger things have happened though.

Botis view on what should happen.

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