Telstra To Upgrade Etihad Stadium Premiership Cap Expected To Increase Beijing Bid Partners Prepare For Games SportRadar Dir Addresses Match-Fixing Premier League Partners With Irdeto Provident Renews With Bradford Bulls R&A To Reveal Vote On Men-Only Policy U.S. Investors Line Up Tottenham Bid Scottish Rangers Secure Add-On Time ManU Estimates $78 Million Loss
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
Upcoming Conferences and Events
SBD Global/November 16, 2012/Olympics
Tokyo Chooses U.K.-Based Architect As New National Stadium Plans Are Unveiled
Published November 16, 2012
WANT MORE GREAT STORIES LIKE THIS?
CLICK ON ONE OF THESE BUTTONS
BREAKING THE BANK: In London, Dave Phillips wrote the choice of Hadid, who is known in the U.K. for designing the London 2012 Aquatics Centre, "may prove to be a controversial one." However, her firm's deal with the Aquatics Centre was "subject to significant budget overruns." The Aquatics Centre was anticipated to cost £72M ($114M), but the final figure spiralled to £270M ($428M), a figure which "may have been even higher had earlier designs for the venue's temporary wings been followed." Despite Japan's "staggering national debt," the stadium is set to become the world's most-expensive venue at current exchange rates. It will surpass the $1.6B paid in the U.S. for MetLife Stadium, home of the NFL's N.Y. Giants and N.Y. Jets. Kasumigaoka National Stadium will not become the home of any of Japan's major professional sports teams, instead playing host to events which could possibly include a FIFA World Cup, Int'l Association of Athletics Federations World Championships and concerts by performers who can fill what will become an 80,000 capacity arena (GUARDIAN, 11/15).
HISTORIC SITE: In N.Y., Yoree Koh wrote Kasumigaoka National Stadium is a structure that will "take on considerable symbolic importance for Japan." It will be built on the site of the stadium that "played a key part" in the hosting of the Olympics in Tokyo in '64, a landmark of the country’s post-World War II recovery that is "due to be knocked down to make way for the new stadium" in '15 (WALL STREET JOURNAL, 11/15).
Click here to see all 11 designs submitted for Japan's National Stadium.