NEWS
Cost of Olympic stadium conversion increases to £190m
POSTED 24 Oct 2014 . BY Tom Walker
The London Olympic Stadium will welcome West Ham United in 2016
The cost of converting the London Olympic Stadium into a 54,000-capacity multi-use stadium is set to rise from £154m to £190m due to complications in installing the new roof.

Providing the support structures for the new roof have required significantly more strengthening work to the main roof truss than initially expected. The truss was originally designed to be taken down after the Games.

As a result, the London Legacy Development Corporation (LLDC) has allocated an extra £35.9m for the project, increasing the total cost for the conversion to £189.9m.

When complete, the roof will cover 45,000sq m and will be 84m at its deepest point, the longest cantilevered roof in the world, covering every seat in the stadium and improving the acoustics and spectator experience.

The work on the Populous-designed stadium is being undertaken by Balfour Beatty, which will be given the extra funding to complete the job. Balfour Beatty signed the £154m contract ($246.7m €195.1m) in January 2014.

The additional costs will be funded by project contingencies and additional income generated by LLDC from its other “developments”. West Ham United Football Club (WHUFC), which will be the stadium’s main tenant when it moves in to the venue in 2016, will not be asked to contribute towards the added costs.

Rod Sheard, who lead the Populous team of architects that designed the iconic stadium, told Sports Management: “The transformation is progressing very well and, when complete, will be a wonderful stadium.

“It will retain much of its recognisable charm from the London Olympics as well as its operational requirements for athletics and other field sports but also have the ability to be a fine football stadium for the West Ham supporters.”

The stadium will host five matches during the Rugby World Cup 2015 as well as the 2017 IAAF World Championships and 2017 IPC World Athletics Championships – the first time these global events have been staged in the same venue in the same year.
RELATED STORIES
  French operator Vinci appointed to manage London’s Olympic Stadium


Vinci Stadium, subsidiary of French venue operator Vinci Concessions, has signed a 25-year contract to operate London’s Olympic Stadium.
  New-look Olympic Stadium ready for Rugby World Cup debut


A re-configured London Olympic Stadium will host its first major event since its radical £272m (US$424m, €390m) transformation when France line up against Romania for a Rugby World Cup game tonight.
 


CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
 
Leisure Management - Cost of Olympic stadium conversion increases to £190m...
18 May 2024 Leisure Management: daily news and jobs
 
 
HOME
JOBS
NEWS
FEATURES
PRODUCTS
FREE DIGITAL SUBSCRIPTION
PRINT SUBSCRIPTION
ADVERTISE
CONTACT US
Sign up for FREE ezine
Latest news

24 Oct 2014

Cost of Olympic stadium conversion increases to £190m
BY Tom Walker

The London Olympic Stadium will welcome West Ham United in 2016

The London Olympic Stadium will welcome West Ham United in 2016

The cost of converting the London Olympic Stadium into a 54,000-capacity multi-use stadium is set to rise from £154m to £190m due to complications in installing the new roof.

Providing the support structures for the new roof have required significantly more strengthening work to the main roof truss than initially expected. The truss was originally designed to be taken down after the Games.

As a result, the London Legacy Development Corporation (LLDC) has allocated an extra £35.9m for the project, increasing the total cost for the conversion to £189.9m.

When complete, the roof will cover 45,000sq m and will be 84m at its deepest point, the longest cantilevered roof in the world, covering every seat in the stadium and improving the acoustics and spectator experience.

The work on the Populous-designed stadium is being undertaken by Balfour Beatty, which will be given the extra funding to complete the job. Balfour Beatty signed the £154m contract ($246.7m €195.1m) in January 2014.

The additional costs will be funded by project contingencies and additional income generated by LLDC from its other “developments”. West Ham United Football Club (WHUFC), which will be the stadium’s main tenant when it moves in to the venue in 2016, will not be asked to contribute towards the added costs.

Rod Sheard, who lead the Populous team of architects that designed the iconic stadium, told Sports Management: “The transformation is progressing very well and, when complete, will be a wonderful stadium.

“It will retain much of its recognisable charm from the London Olympics as well as its operational requirements for athletics and other field sports but also have the ability to be a fine football stadium for the West Ham supporters.”

The stadium will host five matches during the Rugby World Cup 2015 as well as the 2017 IAAF World Championships and 2017 IPC World Athletics Championships – the first time these global events have been staged in the same venue in the same year.



Connect with
Leisure Management
Magazine:
View issue contents
Sign up:
Instant Alerts/zines

Print edition
 

News headlines
Wellness real estate market booming – forecast to reach $913bn by 2028, reports GWI
Wellness real estate market booming – forecast to reach $913bn by 2028, reports GWI   17 May 2024

The Global Wellness Institute (GWI) has released promising new research on the wellness real estate market at its third-annual Wellness Real Estate & .... more>>
Banyan Group appoints Paul Hawco to spearhead wellness strategy
Banyan Group appoints Paul Hawco to spearhead wellness strategy   14 May 2024

Paul Hawco, a seasoned figure in the international wellness industry, has assumed the role of executive director – integrated wellbeing at .... more>>
Snap Fitness' holding company – Lift Brands – is up for sale
Snap Fitness' holding company – Lift Brands – is up for sale   13 May 2024

Speaking to HCM, global CEO of Lift Brands, Ty Menzies, has confirmed that the company – owner of Snap Fitness and Fitness On Demand – is up .... more>>
Planet Fitness increases price of basic membership for first time in over 20 years
Planet Fitness increases price of basic membership for first time in over 20 years   12 May 2024

Planet Fitness has announced the repurchase of 314,000 shares at a rate of US$20 million. The Class A common stocks were repurchased and retired, .... more>>
Xponential dumps Geisler as company faces investigation by US Attorney’s Office
Xponential dumps Geisler as company faces investigation by US Attorney’s Office   11 May 2024

Xponential Fitness today indefinitely suspended founder and CEO, Anthony Geisler, saying it had been notified on 7 May that the company is facing a .... more>>
Ritz-Carlton Reynolds, Lake Oconee, unveils new-look lakeside destination spa
Ritz-Carlton Reynolds, Lake Oconee, unveils new-look lakeside destination spa   10 May 2024

The Ritz-Carlton Reynolds, Lake Oconee in the southeastern US state of Georgia is celebrating a new milestone after unveiling its newly renovated .... more>>
Company profile


Panatta Srl

Panatta is a historic fitness brand offering one of the widest ranges of products on the market, across all sectors, ages and types of training.

View full profile>>

Catalogue gallery


Featured Supplier

Red Raion expands global presence with new Riyadh office

Red Raion expands global presence with new Riyadh office

Red Raion, the CGI studio for media-based attractions, has announced the opening of its new office in Riyadh, Saudi Arabia. More>>




in this issue

• Virgin gets right to wipe out rent arrears
• Fitness industry mourns passing of Jan Spaticchia
• STA offers mindfulness resources



Latest jobs

Jobs Search



Fitness Instructor
Salary: £23,144 to £25,138pa
Location: Moulsecoomb, Brighton and Hove, Brighton, UK
Company: University of Brighton
Duty Manager
Salary: Competitive
Location: Clevedon
Company: Everyone Active
Swim Teacher
Salary: Competitive
Location: Bristol
Company: Everyone Active
Diary dates
Powered by leisurediary.com

18-22 May 2024

Eco Resort Network

The Ravenala Attitude Hotel, Mauritius







Published by Leisure Media Tel: +44 (0)1462 431385 | Contact us | About us | © Cybertrek Ltd