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Ups and downs in facility projects November 2013

Building large public facilities like stadiums and arenas involves ups and downs for the developers, owners, local governments and communities in which they are being built. Here are some of last month’s ups and downs:

UP

first direct arena in Leeds, which was engineered by Arup, won the award for Arts or Entertainment Structures at the UK’s Structural Awards. Y.K. Cheng, President of The Institution of Structural Engineers, said:

Projects like the first direct arena help to showcase the challenging environments in which engineers work and the complex structures they help to build.

DOWN

The Francistown stadium in Botswana has been stripped of its copper cabling by thieves. It’s another expensive setback for a stadium that was due to be completed in 2010. A government minister said that the police are still in search of the culprits.

UP

Orlando held a big purple party in downtown celebrating Orlando City Soccer joining Major League Soccer (MLS) in 2015. The first request for proposals for the team’s $84 million, 18,000-seat stadium stadium is for architectural and design services and it has a due date of 3 December.

DOWN

Highschool low. Katy ISD’s $99 million 2013 bond package was voted down 55-45 so no proposed second stadium. The district planned to build the new stadium next to existing Rhodes Stadium, which opened in 1979 and holds just under 10,000. The new structure’s $69.5 million price tag would have made KISD’s second stadium the most expensive high school football stadium in the USA.

UP

Karyavattom Sports Facilities Limited’s (KSFL) INR1,680m project bank loan facilities has received a long-term ‘IND BBB+’ rating, meaning the outlook for the project is ‘Stable’. The proposed stadium is India’s first sports infrastructure project to be entirely funded by the private sector on a design, build, operate and transfer basis.

If you spot any ups for downs in our industry, please alert PanStadia & Arena editor Mark Webb.