Has the ICC been a success?

Convention and Exhibition Centre

It took 3 years to build, over 15,000 tonnes of steel and enough concrete to fill 40 Olympic-sized swimming pools.

When the $1.5 billion ICC Sydney opened its doors to the public in December 2016, it boasted an impressive array of features including three tiered theatres, 70 meeting rooms, Australia’s largest ballroom, the country’s largest exhibition space, and the biggest kitchen in the southern hemisphere.

At full capacity it can host three conventions simultaneously and comfortably hold 30,000 people across the three venues.

The convention centre is expected to not only attract more events, concerts and conventions to Sydney, but also inject billions of dollars into the NSW economy. Infrastructure Minister Andrew Constance states that “It will generate at least $5 billion in economic benefits for NSW over the next 25 years, and will employ up to 1800 people”.

With more than 400 events booked in at the time of opening, from rock concerts to international conferences, summits to sporting events, the future is looking bright for Sydney. The 2018 Sibos international banking conference, for example, is expected to attract 6000 people and generate $37.8 million for the NSW economy.

Many businesses around Sydney are already reaping the benefits from the centre. The redevelopment of Darling Harbour, which will encompass a new Sofitel hotel, retail and dining establishments and apartment complexes, is certainly putting Sydney back on the map and that can only be good for a wide range of businesses.