One of Australia’s most iconic cricket venues, ‘The Gabba’ in Brisbane, is set to be demolished and rebuilt from scratch for the 2032 Olympics, Queensland state’s Deputy Premier Steven Miles confirmed. The cricket stadium, which the Brisbane Olympics backers pitched as the centrepiece for the 2032 Summer Games, will be redeveloped at a whopping cost of 2.7 billion Australian dollars (USD 1.8 billion).

Miles said this project would increase the seating capacity to 50,000, connecting the Gabba – the state cricket headquarters for over a century, with a new underground rail station. A local primary school will also be relocated to increase its footprint.&nbsp;

Moreover, from the sporting perspective, cricket teams and the Brisbane Lions – a leading club in the Australian Football League, will also temporarily switch bases during the stadium’s rebuilding phase.

<h2>Gabba's redevelopment would take four years to complete</h2>

However, Miles confirmed Gabba's redevelopment would take four years to complete, starting after the Ashes Test in late 2025 and being completed by 2030.&nbsp;

“That project validation report assessed four possible options for the Gabba and identified that a demolition and rebuild provided the best possible outcome, the best value outcome for the city,” Miles said. "It will be a well-connected stadium, but most importantly, it will trigger the urban renewal that we want to see ... it will be one of the best parts of the city to live in.”

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Meanwhile, without a rival bid in July 2021, Brisbane was selected as the host city for the 2032 Olympics, becoming the third Australian city after Melbourne in 1956 and Sydney in 2000 to host the Summer Games. At that time, the International Olympic Committee (IOC) described the Brisbane bid as “a passion-driven, athlete-centric offer from a sports-loving nation.”

The Queensland state, including the Gold Coast - the host of the 2018 Commonwealth Games, will stage Summer Games events.

Alongside local councils from Brisbane and surrounding cities, with financial support from Australia's federal government, the Queensland state government was the main backer of the 2032 Summer Games.

The initial Brisbane bid stated that the hosts already had 84% of the stadiums and event venues in place to fit the IOC’s modern demand of avoiding excessive spending and potential white-elephant projects.

One of Australia’s most iconic cricket venues, ‘The Gabba’ in Brisbane, is set to be demolished and rebuilt from scratch for the 2032 Olympics, Queensland state’s Deputy Premier Steven Miles confirmed.

One of Australia’s most iconic cricket venues, ‘The Gabba’ in Brisbane, is set to be demolished and rebuilt from scratch for the 2032 Olympics, Queensland state’s Deputy Premier Steven Miles confirmed. The cricket stadium, which the Brisbane Olympics backers pitched as the centrepiece for the 2032 Summer Games, will be redeveloped at a whopping cost of 2.7 billion Australian dollars (USD 1.8 billion). Miles said this project would increase the seating capacity to 50,000, connecting the Gabba – the state cricket headquarters for over a century, with a new underground rail station. A local primary school will also be relocated to increase its footprint. Moreover, from the sporting perspective, cricket teams and the Brisbane Lions – a leading club in the Australian Football League, will also temporarily switch bases during the stadium’s rebuilding phase. Gabba's redevelopment would take four years to complete However, Miles confirmed Gabba's redevelopment would take four years to complete, starting after the Ashes Test in late 2025 and being completed by 2030. “That project validation report assessed four possible options for the Gabba and identified that a demolition and rebuild provided the best possible outcome, the best value outcome for the city,” Miles said. "It will be a well-connected stadium, but most importantly, it will trigger the urban renewal that we want to see ... it will be one of the best parts of the city to live in.” ALSO READ: Pakistan all-rounder Imad Wasim announces shock international retirement Meanwhile, without a rival bid in July 2021, Brisbane was selected as the host city for the 2032 Olympics, becoming the third Australian city after Melbourne in 1956 and Sydney in 2000 to host the Summer Games. At that time, the International Olympic Committee (IOC) described the Brisbane bid as “a passion-driven, athlete-centric offer from a sports-loving nation.” The Queensland state, including the Gold Coast - the host of the 2018 Commonwealth Games, will stage Summer Games events. Alongside local councils from Brisbane and surrounding cities, with financial support from Australia's federal government, the Queensland state government was the main backer of the 2032 Summer Games. The initial Brisbane bid stated that the hosts already had 84% of the stadiums and event venues in place to fit the IOC’s modern demand of avoiding excessive spending and potential white-elephant projects.

Iconic cricket venue ‘The Gabba’ in Brisbane to undergo redevelopment for 2032 Olympics

After a decision of member nations of the International Olympic Committee in Tokyo, Brisbane was formally awarded hosting rights for the 2032 Olympic Games.&nbsp;

The Olympic Games will land on Australia’s shores for a third time,&nbsp;before this Melbourne held the Games in 1956 and Sydney hosted them in 2000.

“The International Olympic Committee has the honour of announcing that the Games of the XXXV Olympiad in 2032 are awarded to Brisbane, Australia,” said IOC President Thomas Bach after the meeting, with the words marked by a massive fireworks display over the Brisbane River.

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According to Australian Olympic Committee President John Coates, the region already possesses roughly 80% of the requisite infrastructure to hold a competition, thanks in part to the Gold Coast's hosting of the 2018 Commonwealth Games.&nbsp;

The winning bid for the Olympic and Paralympic Games in 11 years comes after it was granted preferred bidder status, meaning no other cities were competing.&nbsp;

Brisbane appeared to be a genuine possibility after the IOC's 15-strong executive board unanimously proposed it as the sole candidate for 2032 in June.

The IOC has now confirmed hosts for the next three Summer Olympics, with Paris hosting the event in 2024 and Los Angeles hosting the tournament in 2028.&nbsp;

(With inputs from agencies)

After a decision of member nations of the International Olympic Committee in Tokyo, Brisbane was formally awarded hosting rights for the 2032 Olympic Games. The Olympic Games will land on Australia’s shores for a third time, before this Melbourne held the Games in 1956 and Sydney hosted them in 2000.

After a decision of member nations of the International Olympic Committee in Tokyo, Brisbane was formally awarded hosting rights for the 2032 Olympic Games. The Olympic Games will land on Australia’s shores for a third time, before this Melbourne held the Games in 1956 and Sydney hosted them in 2000. “The International Olympic Committee has the honour of announcing that the Games of the XXXV Olympiad in 2032 are awarded to Brisbane, Australia,” said IOC President Thomas Bach after the meeting, with the words marked by a massive fireworks display over the Brisbane River. ALSO READ: Tokyo Olympics sports start with a softball game, Japan routs Australia 8-1 According to Australian Olympic Committee President John Coates, the region already possesses roughly 80% of the requisite infrastructure to hold a competition, thanks in part to the Gold Coast's hosting of the 2018 Commonwealth Games. The winning bid for the Olympic and Paralympic Games in 11 years comes after it was granted preferred bidder status, meaning no other cities were competing. Brisbane appeared to be a genuine possibility after the IOC's 15-strong executive board unanimously proposed it as the sole candidate for 2032 in June. The IOC has now confirmed hosts for the next three Summer Olympics, with Paris hosting the event in 2024 and Los Angeles hosting the tournament in 2028. (With inputs from agencies)

Australia clinches third Olympics after Brisbane declared host of 2032 Games

Australia's top Olympic official John Coates said on Friday that Brisbane winning the right to host the 2032 Summer Games was not a done deal, despite the International Olympic Committee's executive board approving the bid.

The IOC executive board signed off on the bid on Thursday and, under a new system designed to make bidding cheaper and more efficient, a full session of the sporting body will now vote on it on July 21.

With Brisbane the sole preferred candidate, some media critics have suggested the IOC session will simply rubber-stamp the decision but Coates, who was a key figure in the reform of the bidding process, said that was not the case.

"I was very, very pleased to get this vote of confidence ... this was the next step along the way," the Australian Olympic Committee (AOC) president and IOC vice-president told reporters in Sydney on Friday.

"You never know with the IOC members. A 50% vote in favour is required even if there is only one candidate. I've been around long enough never to take it for granted."

Coates, who was recused from the vote of the executive board, said that the IOC was still talking to other countries that had expressed an interest in hosting the Games, which include Indonesia, the Netherlands, Hungary, Germany and Qatar.

Queensland State Premier Annastacia Palaszczuk echoed Coates's caution but was delighted Brisbane had moved closer to joining Melbourne (1956) and Sydney (2000) as an Australian Olympic host city.

"We have actually just done the final hurdle, and the finishing line is just in front of us, and it's almost there, we just got to wait a little bit longer," she told reporters.

"But today is an incredibly proud day, something that I never thought I would see in my lifetime, to get to this position."

An independent economic assessment by KPMG, commissioned by the Queensland government, indicated that the Games would deliver a total benefit of A$8.1 billion ($6.28 billion) for Queensland and more than twice that amount for Australia.

Coates said A$10-11 billion in infrastructure improvements proposed for southeast Queensland before 2032 were not necessary for the region to host, but would make for a "much better Games".

Australia's Minister for Sport Richard Colbeck also welcomed what he described as "another significant milestone".

"It reinforces the work that has been achieved so far by all bid partners and highlights what can be achieved when all levels of government work toward on an outcome that will have enormous benefits for the entire nation," he said in a statement.

Australia's top Olympic official John Coates said on Friday that Brisbane winning the right to host the 2032 Summer Games was not a done deal, despite the International Olympic Committee's executive board approving the bid.

Australia's top Olympic official John Coates said on Friday that Brisbane winning the right to host the 2032 Summer Games was not a done deal, despite the International Olympic Committee's executive board approving the bid. The IOC executive board signed off on the bid on Thursday and, under a new system designed to make bidding cheaper and more efficient, a full session of the sporting body will now vote on it on July 21. With Brisbane the sole preferred candidate, some media critics have suggested the IOC session will simply rubber-stamp the decision but Coates, who was a key figure in the reform of the bidding process, said that was not the case. "I was very, very pleased to get this vote of confidence ... this was the next step along the way," the Australian Olympic Committee (AOC) president and IOC vice-president told reporters in Sydney on Friday. "You never know with the IOC members. A 50% vote in favour is required even if there is only one candidate. I've been around long enough never to take it for granted." Coates, who was recused from the vote of the executive board, said that the IOC was still talking to other countries that had expressed an interest in hosting the Games, which include Indonesia, the Netherlands, Hungary, Germany and Qatar. Queensland State Premier Annastacia Palaszczuk echoed Coates's caution but was delighted Brisbane had moved closer to joining Melbourne (1956) and Sydney (2000) as an Australian Olympic host city. "We have actually just done the final hurdle, and the finishing line is just in front of us, and it's almost there, we just got to wait a little bit longer," she told reporters. "But today is an incredibly proud day, something that I never thought I would see in my lifetime, to get to this position." An independent economic assessment by KPMG, commissioned by the Queensland government, indicated that the Games would deliver a total benefit of A$8.1 billion ($6.28 billion) for Queensland and more than twice that amount for Australia. Coates said A$10-11 billion in infrastructure improvements proposed for southeast Queensland before 2032 were not necessary for the region to host, but would make for a "much better Games". Australia's Minister for Sport Richard Colbeck also welcomed what he described as "another significant milestone". "It reinforces the work that has been achieved so far by all bid partners and highlights what can be achieved when all levels of government work toward on an outcome that will have enormous benefits for the entire nation," he said in a statement.

Olympics: Brisbane 2032 not a done deal yet, says Coates

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Iconic cricket venue ‘The Gabba’ in Brisbane to undergo redevelopment for 2032 Olympics

Australia clinches third Olympics after Brisbane declared host of 2032 Games

Olympics: Brisbane 2032 not a done deal yet, says Coates