Victorian Treasurer Tim Pallas and Minister for Sport John Eren were joined by Tennis Australia CEO Craig Tiley and Melbourne Olympic Parks CEO Brian Morris to announce $271.55 million to complete the third stage of the Melbourne Park redevelopment.
The funding will guarantee that the Australian Open stays at Melbourne Park until at least 2036 and ensure Melbourne remains the global home of sport and entertainment. A record 728,763 fans gushed through the gates at Australian Open 2017, which was aired live in 220 territories on more than 65 different TV channels, reaching more than 900 million homes worldwide.
“Yet again the State Government is showing its belief the Australian Open is one of the premier sporting and entertainment events,” Tennis Australia CEO Craig Tiley said. “The Victorian Government has played a major role in the remarkable success of our Grand Slam with its foresight and planning.” “The government has led the way with the world-class redevelopment of the Melbourne Park precinct and the people of Melbourne have embraced the event in their hundreds of thousands as a result,” Mr Tiley continued.
The next stage of development will build the facilities needed to attract even more visitors and secure more blockbuster events. “This project will mean more visitors, more jobs, and even more chances to showcase to the world that Victoria has the best of everything,” Treasurer Tim Pallas commented.
“Melbourne is the sporting and events capital of the world, and we’ll keep it that way,” Minister for Sport John Eren said. “We’re breathing new life into our iconic venues so we can host more events, and ensure Melbourne remains the home of sport and entertainment,” Mr Eren continued.