You have probably already read the news that the NSW Government has announced two of Sydney’s sports stadiums will be demolished and rebuilt.
It's not a very popular decision either.
The Cox Architecture-designed, 40,000-seat Allianz Stadium at Moore Park, built in 1988 as the Sydney Football Stadium, will be replaced with a new $705 million, 45,000 seat facility while the 85,000-seat ANZ Stadium at Sydney Olympic Park by Populous and Bligh Lobb Sports Architecture, 1999, will be replaced with a $1.25 billion rectangular stadium, which will seat 75,000.
So lets do the math. $705 million for a new stadium with only 5,000 more seats than the current Allianz stadium, and $1.25 billion for a stadium that will have 10,000 less seats than the current ANZ stadium. Yeah, sure, that makes sense.
You can read more about this here