Brisbane Olympic bid viable, finds feasibility study
Brisbane’s bid to host the 2032 Olympic Games is viable and could be achieved using existing and planned facilities, a study commissioned by the Council of Mayors (SEQ) has concluded.
Launched late last week, the feasibility study has found that SEQ could host the games in 2032 relying on existing venues, planned for development and infrastructure identified for community needs as the region grows.
The study found that the South East Queensland region already has 60 per cent of the venues to host the games, with a potential 30 percent in the pipeline.
The Council of Mayor’s Chair, Brisbane Lord Mayor Cr Graham Quirk, said that the Olympic Movement was going through a period of cost-cutting that would enable SEQ to host the games without an exorbitant price tag
“The Olympic Movement is in a period of unprecedented change, adopting more than 100 reforms aimed at cutting costs and reducing the complexity of the process for potential hosts. The IOC is now encouraging hosts to reduce venue sizes, rethink transport options and reuse existing infrastructure,” said Cr Quirk.
When compared to the 2018 Gold Coast Commonwealth Games, which had a net operating cost of $1.2 billion, a cost effective SEQ Olympic Games presented a compelling proposal for the region given the widespread benefits, international exposure and lasting legacies it could deliver.
“With an estimated bottom line of $900 million, our early assessments indicate the Olympic and Paralympic Games are an affordable proposition for SEQ. While we encourage the Queensland Government to join us in undertaking further economic assessments, the initial findings are promising,” said Cr Quirk.
The study also urged for greater transport investment to further support the growth in the region, concluding that such infrastructure investment would significantly increase the region’s viability as a host.
“It is essential for the region to have effective public transport and road networks in order to mount a competitive bid. If this were the case, public and active transport would be the primary mode of transport for spectators and the Games workforce,” Cr Quirk said.
The main conclusions of the 2032 SEQ Olympic and Paralympic Games Feasibility study were:
Delivering on a regional approach to the Games, the Indicative Master Plan outlines venues and major facilities across eight SEQ councils and delivering an average athlete travel time of 19 minutes.
Sixty percent of proposed venues already exist in SEQ, 30 percent are planned or identified as a future community need (irrespective of a Games), and ten percent are proposed as temporary.
While a site for the Olympic Stadium will require further analysis, the study has identified a future need for a smaller, rectangular stadium in Brisbane to supplement Suncorp Stadium.
This would be built as a 25,000 - 30,000 capacity stadium, allowing for temporary adaptation to increase the seating capacity to 55,000 at Games time.
Around 81,000 rooms would be required for an SEQ Games - IOC/Olympic Family (41,000), Workforce (15,000) and Visitors/Spectators (25,000).
The net operating cost for an SEQ Olympic and Paralympic Games would be $900 million, this is compared to a net operating cost for the 2018 Gold Coast Commonwealth Games of $1.2 billion.
The operational budget for an SEQ Games would be approximately $5.3 billion, which is offset by IOC contributions ($1.7 billion) and domestic revenue ($2.7 billion), resulting in a net cost of $900 million.
The economic benefits of an SEQ Games would be significant. For example, the NSW Government reported a $20 billion economic uplift due to the Sydney 2000 Olympic and Paralympic Games.
Proposed dates for an SEQ 2032 Olympic and Paralympic Games are Friday 13 to Sunday 29 August (Olympic Games) and Paralympic Games (Tuesday 5 to Sunday 17 October).
The full viability study can be found here