Abstract:
The two main stadiums for the Syd~ Olympic Games were developed by the private sector with
State assistance to reduce government costs and risks. In the post-Olympic period, both stadiums have
experienced major revenue shortfalls which threaten their viabiliry. This has been caused by competition from
pre-existing, though smaller, State-owned stadiums and lack qf potential major sporting and other events. In part
to help the Olympic stadiums, the government produced a masterplan for mrgor urban development at the
Olympic Park. This paper illustrates the risks of partnership development of specialized infrastructure, and the
way in which special events can lead urban development.
