Court decides on Vienna Arena

Judgment on Austria’s biggest occasion hall in September. Porr withdrew the objection, the building structure of the “antique” town corridor turned into very good in keeping with the professional opinion.

The judges have the say in the biggest production task in the town of Vienna. The Administrative Court of Vienna made it interesting and did now not announce a decision on Thursday at some stage in the negotiation of the award technique for the controversial occasion hall in Neu Marx.

The parties concerned have to wait till the written copy of the verdict at the quit of September.

Two businesses raised objections to Wien Holding’s award to the US organization OVG objection. The runner-up sued CTS Eventim from Germany’s price ticket king Klaus-Peter Schulenberg. Likewise the listed production enterprise Porn, which changed into at the beginning inside the OVG consortium, but turned into then exchanged for Grazer Granitbau. However, Porr withdrew the objection on Thursday. Now the question is open as to whether or not a bidder consortium may additionally change independently of the gentle. Wien Holding says sure.

Nice calculation?

The winning assignment has been decreased with the aid of 40 percentage compared to the Wien Holding reference task, because the KURIER become the first to record. This also explains the charge of a complete of 384 million euros for construction and inner workings. The area is designed with a complete location of ​​sixty four,000 square meters. CTS offered an area of ​​ninety two,000 square meters with an funding of just about 800 million.

The hall have to provide space for around 20,000 visitors. In the enterprise, one wonders whether or not OVG calculated the undertaking nicely. According to the documents to be had to the KURIER, an annual Ebitda (earnings before hobby, taxes, depreciation and amortization) of 36.562 million euros is calculated. CTS, however, most effective involves 18.575 million. The winner plans on a complete annual turnover of extra than 72 million, the runner-up most effective 52.Eight million.

Sales from advertising and hospitality are notably better for the prevailing project at just beneath 24.Five million euros than for the inferior offer (nearly 18 million). The VIP region, that's more steeply-priced for clients, is a whole lot larger.

According to the OVG offer, the new corridor would be extra profitable than the sector’s most successful huge hall, the O2 Arena in London. Realistic?

The town participates inside the income of the occasion corridor, however not in the losses and has no obligation to make additional bills. The conserving wants to make investments a maximum of fifty five million euros. If the venture fails, the town will have to undergo the initial fees of 27 million euros.

Very properly structural situation

Since the event corridor could be delayed until 2029 according to the modern repute, the “vintage” metropolis corridor built inside the 1950s must be used until then. The full-size professional report commissioned through Wien Holding at the situation of the architect Roland Rainer Contrary to statements to the opposite by Wien Holding, the deliberate creation has been available for the reason that stop of July.

For three years, the town hall turned into checked down to the smallest element. With the result that the building is structurally in excellent situation, as can be heard from the town corridor.

The state of affairs is special, of course, with regards to constructing offerings, i.E. Ventilation, electric engineering, etc. These no longer meet current standards. Which is obvious given the age. The maximum green would be the entire replacement of the building offerings in bulk.

The old town hall is by no means geared up for demolition and couldn't even be demolished because of the monument protection. For this reason, Vienna does not want a new occasion hall. Whether there's a need for a second corridor for a town of over one million inhabitants is another question.