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Originally Posted by mr.x
I think you're severely underestimating the cost to build a brand new stadium of similar size to BC Place. Materials and labour are quite a bit more than you imagine.
$1-billion is quite a realistic figure, with a retractable roof and all. Even the expanded convention centre, one of the largest -- if not the largest -- buildings in the province, is close to $900-million. A new stadium would be of similar scope.
I wouldn't be so certain about a private contractor coming in, largely because of the restrictions placed within the City and by residents. Recall what happened to the casino-hotel proposal that was rejected right off the bat by city council, and the developers weren't even involved in the stadium project. If you got them involved with the stadium, they would likely want much...much...much more for their development, and that's something the city just doesn't have the balls for.
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I'm pretty sure I'm not severely under-estimating the costs of labour and materials, I make a living at estimating the costs of labour and materials, and then when I'm awarded the projects I make a living at ensuring the construction schedules, timelines and budgets are held as close to reality as I can. What the public needs to understand is the labour costs are significantly less than during the construction of the Convention Centre, you can't compare construction costs between then and now as Labour is often the larger portion of the actual project, Concrete costs are down significantly as well. If you want a comparison in pricing...a High Rise in similar design that was built in the boom was down for structural concrete cost per sq ft contact area of $18...today that same building would be lucky, I stress the word lucky if it went for another about $9 per sq ft contact area...thats at least half the price as an example.
The convention centre had such a huge price tag partially to do with the aquatic piles, and fill that had to be factorered in to it, that upped the costs from materials, labour, design, and engineering. A building such as the convention centre built on solid land, would have been considerably less than the final costs of the Convention Centre. Again comparing a convention centre and its requirements to a sports stadium again are not exactly equal comparisons either. They are two incredibly different buildings and differents rates of production would apply to one and another, hence affecting labour. Just because it is a huge building does not mean its the same cost. For a point of random comparison the formwork contract on the Shangri La, tallest building as we all know in Vancouver was approx. 22 million...Vancouver's new UV Water Treatment plant had a formwork package of approx. 2 million...
The residents were not against a development attached to BC Place, they were against the Casino, and rightly so...that is the last thing downtown Vancouver needs, but Hotels, Condos, and Commerical, can't go wrong there, thats what drives Vancouver in many ways. I seem to recall the hotel/residential portions being approved, or approved on principal without the casino...the whole reason Van City shut that down was the damn greed associated with the Casino... Yes a developer would have been more than happy to become involved, I didn't come up with these ideas all on my own one day. If this project had been properly planned, instead of the hurry up wait and rush that started with the damage to the roof, we could have turned this into a world class sporting facility instead of a gussied up 25 year old concrete monoloth.
As for attrocious, the building was attrocious before, it is a sign of 1980's architecture, it is a big ugly lump of concrete, now instead of a big ugly lump of concrete with a bubble on the roof, its a big ugly lump of concrete with structural steel poking out every which way, a modern roof on a archacic body...its kind of like a 60 year old woman trying to act like a 20 year old bar star...the visual comparison is not something pleasing on the eyes, at least to most