Tuesday, 24 August 2010

Sydney Olympic Park. Query over future

One billion dollars worth of development projects have been completed at Sydney Olympic Park since 2000 but private sector developers are still uncertain about the precinct’s future, according to The Australian Financial Review. In spite of the significant development which has taken place, and more in the pipeline, the park has failed to shake its white elephant image according to several developers contacted by the paper. Sydney Olympic Park Authority CEO, Alan Marsh, strongly disagree's: “I am happy with the pace of development. [But] you always like to see more.” Private developer, Ray Jones, said the park was not promoted enough. (The public has) the perception that’s it’s only a sporting venue,” he said.



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