Australia’s Most Beautiful Pool: Cost Blowout Saga Continues

Written by

Charbel Abousleiman
Urban Planning Lawyer & Buyers Agent

29/11/2024

North Sydney’s 85-year-old pool project faces fresh delays, budget blowouts and construction errors. Thousands of north shore residents could be slugged with huge council bills, as council considers a massive rate hike.

Work on the project began in February 2021 and was originally due for completion in 2023 at an estimated cost of $64 million. Council has recently revealed that it requires an extra $17 million in funding to complete the harbourfront pool, with the final price tag expected to come in at $122 million. This is a lot higher than any other pool redevelopment with Ashfield and Parramatta only costing $44 million and $88 million.

Interest payments for council are costing over $1 millions a year and these blowouts will continue to have ramifications for other local infrastructure projects, including Neutral Bay, Cremorne and North Sydney town centre upgrades.

One major defect is the structural steel roof framing over the new 25-metre indoor pool having to be dismantled.

North Sydney Olympic Pool back in the day 

With completion now expected in May 2025, the new aquatic centre will feature:

  • major upgrades to the existing 50 metre and 25 metre pools, including the art deco features, harbourside wall, sundeck and heritage stair tower,
  • new warm pool suitable for gentle exercise,
  • expanded gym with harbour views,
  • large creche with private indoor and outdoor spaces, and
  • new 970-person grandstand with permanent shade for sun-safe swimming carnivals.

 

Having served the community for about 84 years, North Sydney Olympic Pool was built on the Dorman Long construction site for the Harbour Bridge. The pool opened in 1936 and 1938 it hosted the Empire Games (now known as the Commonwealth Games).

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