[Albion] Amex stadium cost

[The Grockle]

I just read on twitter that Evertons stadium cost will likely exceed 800 million and could push 1bn. It looks like another incredible ground but not up to the standard of Tottenham's IMO. It's an eye watering amount of money.

It got me thinking what the Amex would cost to build today.

I think the total cost was 105 million which using the CPI inflation data would exceed 150 million in todays money. Add the fact construction costs have gone up 46% between 2014 and 2024 and that brings it up to at least 220 million.

Would Bloom get much change out of 300/400 million in today's money?

 

[Mancgull]

Seemed expensive at the time, but now an absolute bargain.
That’s some debt for Everton to have.

 

[GingerBeerMan]

That’s some debt for Everton to have.

Especially in the Championship.

 

[Albion my Albion]

Will the costs go up more due to the US/Trump tariffs?

 

[Not Andy Naylor]

Everton's new ground will surely be the first to be lost to rising sea levels. Probably followed by St Mary's, Blundell Park and maybe Fratton. Portman Road can't be far away either, nor Charlton. Fulham might escape thanks to the Thames Barrier. The Amex should be safe for decades.

 

[Justice]

The Buckingham group went bust due to the time they priced Liverpool’s expansion and the material price rise when the project was underway. I’ve no idea if they are reborn under a different name as they are/were obviously a decent stadium construction company.
£105m these days wouldn’t go far it might just pay for the foundations.

 

[BrightonCottager]

Everton's new ground will surely be the first to be lost to rising sea levels. Probably followed by St Mary's, Blundell Park and maybe Fratton. Portman Road can't be far away either, nor Charlton. Fulham might escape thanks to the Thames Barrier. The Amex should be safe for decades.

According to Climate Central (a very simple model), Everton's new stadium will be threatened by 1m of sea level rise ie by end of this century, roughly. However, when they were granted permission, they would have had to model sea level rise and make it 'safe' for its intended lifetime, which would have meant increasing floor levels, putting flood barriers in etc. The older the stadium, the less precautionary those assumptions about future flooding are. Also, over the years, property owners tend to increase vulnerability themselves, like converting garages to living accommodation, putting electrical and data plant at basement / ground floor etc.

As far as construction costs are concerned, you also need to factor in the cost of the land which for the Amex was £1, if I recall correctly. I'll let you judge whether that was better value than, say, the Council selling it for millions to a housing developer!

 

[Gazwag]

From what I have read about their ramp up events it going to be a nightmare to get out of the stadium after the match with totally inadequate public transport with away fans only option (if travelling by train) will be walking to Lime Street. I wonder how many would feel re-developing Goodison (if it was feasible) would have been a much better option, even if it meant a ground share for a season.

 

[Nobby Cybergoat]

View attachment 199743
According to Climate Central (a very simple model), Everton's new stadium will be threatened by 1m of sea level rise ie by end of this century, roughly. However, when they were granted permission, they would have had to model sea level rise and make it 'safe' for its intended lifetime, which would have meant increasing floor levels, putting flood barriers in etc. The older the stadium, the less precautionary those assumptions about future flooding are. Also, over the years, property owners tend to increase vulnerability themselves, like converting garages to living accommodation, putting electrical and data plant at basement / ground floor etc.

As far as construction costs are concerned, you also need to factor in the cost of the land which for the Amex was £1, if I recall correctly. I'll let you judge whether that was better value than, say, the Council selling it for millions to a housing developer!

I saw quite a bit of the Water polo in the olympics. They could easily repurpose it for that

 

[LamieRobertson]

The Buckingham group went bust due to the time they priced Liverpool’s expansion and the material price rise when the project was underway. I’ve no idea if they are reborn under a different name as they are/were obviously a decent stadium construction company.
£105m these days wouldn’t go far it might just pay for the foundations.

Or a couple of players in Chelsea’s youth side

 

[ditchy]

From what I have read about their ramp up events it going to be a nightmare to get out of the stadium after the match with totally inadequate public transport with away fans only option (if travelling by train) will be walking to Lime Street. I wonder how many would feel re-developing Goodison (if it was feasible) would have been a much better option, even if it meant a ground share for a season.

When you read about that and then think what the club had to provide as a transport plan for fans etc and the hoops we they had to jump through .Its sooooo annoying ,but hey ho looking at what we have now i would take that over Evertons new Ground

 

[AmexRuislip]

Everton's new ground will surely be the first to be lost to rising sea levels. Probably followed by St Mary's, Blundell Park and maybe Fratton. Portman Road can't be far away either, nor Charlton. Fulham might escape thanks to the Thames Barrier. The Amex should be safe for decades.

That fvck for the Thames barrier eh @BrightonCottager

 

[Stumpy Tim]

Will the costs go up more due to the US/Trump tariffs?

I don't believe they're building it in the US, so I doubt it

 

[BrightonCottager]

That fvck for the Thames barrier eh @BrightonCottager

Indeed. On high tides, Lower Richmond Road (on the Putney side) almost floods. The Thames Barrier is being used more these days to reduce flooding from water coming down the river as well. Luckily the powers that be are looking at options to upgrade the Barrier and other defences or even build another further down the Estuary.

 

[AmexRuislip]

Indeed. On high tides, Lower Richmond Road (on the Putney side) almost floods. The Thames Barrier is being used more these days to reduce flooding from water coming down the river as well. Luckily the powers that be are looking at options to upgrade the Barrier and other defences or even build another further down the Estuary.

Let's hope this'll never happen, well in our lifetime anyway

 

[Not Andy Naylor]

I was able to visit the new New Orleans flood defences not so long ago. It's safe to say they are a step up from the Thames Barrier. One obvious improvement was a large basin to take water from the Mississippi if they have to close the barrier against a storm surge in the Gulf. No chance of that in London, of course (no space), so if the TB had to be closed at high tide after heavy rain upstream, some of the Thames would back up and flood the riverside properties and the rest, I assume, would drain into the London Underground.

 

[Herr Tubthumper]

Will the costs go up more due to the US/Trump tariffs?

One of owner’s main business is importing Toyota’s into the US. I can’t think of any other businesses which will be impacted as much as his. Whilst I doubt tariffs will directly impact the stadium build it will maybe refocus his interests.

I did also read that if US interest rates go up to fend off inflation then Man U will suffer as their lending is from the US. Same applies to Everton if their funding is from across the pond.

 

[Albion my Albion]

if they have to close the barrier against a storm surge in the Gulf.

Which Gulf? Of course, the Gulf of Meximerica. My new name for "The Gulf."

 

[jackanada]

you also need to factor in the cost of the land which for the Amex was £1, if I recall correctly. I'll let you judge whether that was better value than, say, the Council selling it for millions to a housing developer!

Even if the i360 had hit it's inflated projections the Amex is orders of magnitude better value

 

[Skuller]

I was able to visit the new New Orleans flood defences not so long ago. It's safe to say they are a step up from the Thames Barrier. One obvious improvement was a large basin to take water from the Mississippi if they have to close the barrier against a storm surge in the Gulf. No chance of that in London, of course (no space), so if the TB had to be closed at high tide after heavy rain upstream, some of the Thames would back up and flood the riverside properties and the rest, I assume, would drain into the London Underground.

I’m no expert but not sure about that. Firstly, there are flood gates on all under-Thames tube-lines. Also, the Thames barrier claims to be able to let downstream water out even when shut (can’t for the life of me work out how).