belonging to Nowy Styl Group but the venue was constructed by South African con- tractor Murray & Roberts.
The previous stadium, which was known as the Green Point Stadium was a multipur- pose complex and was mainly use for football matches, and was the home ground of Santo FC and Ajax Cape Town, it also hosted music concerts including the late Mi- chael Jackson and more.
Construction of the Cape Town Stadium, began in March 2007 and in 33 months, joint contractors Murray & Roberts and WBHO completed the project at a cost of R4.4billion approximately US$600million. The project architects were an association between GMP Architects of Germany and two local firms, Louis Karol and Associates and Point Architects.
A consortium which consisting of South Africa's Sail Group and French-based Stade de France were awarded the service contract to operate the stadium and ensure that it remains a sustainable multi-purpose venue after the 2010 FIFA World Cup. The con- sortium, called Business Venture Investments 1317, was involved in the management of the stadium from January 2009 onwards. The city municipality paid the consortium to manage the stadium up to and during the World Cup, after which the consortium will lease the stadium from the city for a period of not less than 10 years and not more than 30 years.
After the World Cup, the stadium capacity was reduced to 55,000, enabling it to cater for all types of sports, including ruby, as well as music concerts and other major events. The stadium is also expected to feature corporate hospitality suites, medical, training, conferencing and banqueting facilities.
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