Uncertain Legacy: Sydney's Olympic Stadiums

The two main stadiums for the Sydney Olympic Games were developed by the private sector with assistance to reduce government costs and risks. In the post-Olympic period, both stadiums have major revenue shortfalls which threaten their viability. This has been caused by competition from -existing, though smaller, State-owned stadiums and lack of potential major sporting and other events. In part help the Olympic stadiums, the government produced a masterplan for major urban development at the Park. This paper illustrates the risks of partnership development of specialized infrastructure, and the in which special events can lead urban development.