Art Vandelay
Tiger Shark
yeah i would LOVE to know what they actually think about what their realistic future in the space is, and whats needed.
Official Shark Park & Woolooware Bay Development
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Tiger Shark
Jaws
yeah to be a fly on the wall for those discussions.
Just don't land on the current leagues club wall or you might knock it over!
SF
Mako Shark
From my understanding, the $5 million is just going into general revenue at $1 million a year for 5 years. One instalment was already included in the last Financial report. But maybe it will get directed more to such a project over time.
Western Sharkie
Jaws
Is there even a wall????
Addy
Jaws
Just saw the mock up for Penriths new stadium.
$300m pissed away on this crap.
Parra and Cowboys got better venues for more or less the same coin
$300m pissed away on this crap.
Parra and Cowboys got better venues for more or less the same coin
HaroldBishop
Megalodon
Yeah Parra stadium is fantastic but was built 6 years ago, costs have increased dramatically since then.
SF
Mako Shark
Yeah it's pretty crazy. The Peter Burns Stand is better than this
Feels like they have bought at the peak for construction costs.
Art Vandelay
Tiger Shark
BlackWhiteBlue
Jaws
It will have a ****in pokie room behind it mate
SF
Mako Shark
Yes I was being facetious. But I don't think it's $100 million+ worth. Not sure if the roof extends the whole way out?
SF
Mako Shark
I missed this Channel 9 video last week. It may have been discussed previously. It was mentioned on Sharkcast. Doesn't really add anything new.
Channel 9 Video
Channel 9 Video
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Art Vandelay
Tiger Shark
nobody can add anything new because its at a standoff and its all a big secret legal secret!
Western Sharkie
Jaws
Definite stalemate. Simply, sharks want further work done before accepting handover of the site. Developer won't do it.
Looks like the video is a media strategy to try and apply a bit of pressure.
Don't know where this goes. If its not resolved by now, will it ever be?
Looks like the video is a media strategy to try and apply a bit of pressure.
Don't know where this goes. If its not resolved by now, will it ever be?
HaroldBishop
Megalodon
Yep. I said recently it won't be finished in three years.
Tiger Shark
Jaws
are you basing that off any additional information or understanding of the situation ?
Tiger Shark
Jaws
You'd have to think at some point the club needs to just cop it and accept handover and do the work themselves.
In fact I find it hard to believe they haven't done that already. I know some love to bag the club administration but the current ones didn't stuff this up, the previous ones did. There must be more too it.
SF
Mako Shark
The building and fitout costs have already blown out so much, I don't think we can afford it unless the work is done or we get enough $$ to cover it.
It's already questionable whether it is a good use of money (we're talking $40+ million). Particularly considering how quiet Bay Central can be, and how much we are currently earning on the investment money sitting in the bank. If we just copped the hit of all the extra costs, I think it pushes it too far over the unviable line.
Tiger Shark
Jaws
Fair points, suppose it depends on the actual work required.
It can defn be quiet there, but I can see the Leagues club helping with bringing people there. Since Panetta has opened up it's gotten busier. And if they add more shops it shoudl help, but I know alot of shops are reluctant to open up as it's quiet.