Century-Old MCG Evolves: A Blueprint for Future Stadiums Amid Building Challenges
March 30, 2024
The Grand Shrine of Ise in Japan and Melbourne Cricket Ground (MCG) in Australia share a tradition of periodic reconstruction and renovation, respectively.
The MCG, established over 170 years ago, is a premier venue with a 100,000 capacity, hosting diverse sports and entertainment events.
Its success is credited to a robust membership, frequent utilization, and effective financial management.
While the MCG thrives, other Australian cities and states struggle with the high costs and political issues of new stadium projects.
The MCG's operational model is considered a standard for future stadium developments, emphasizing the necessity of strategic planning and long-term utility.
Summary based on 2 sources
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Sources

The Sydney Morning Herald • Mar 30, 2024
The MCG is the king of stadiums. We may never see its like again
The Age • Mar 30, 2024
The MCG is the king of stadiums. We may never see its like again