Sydney Opera House
The cost of the project so far, even in October 1966, was still only $22.9 million, less than a quarter of the final $102 million cost. However, the projected costs for the design were at this stage much more significant.
Joseph Wyatt (theatre owner)
Wyatt sold the Royal Victoria Theatre in 1854. He built a new theatre in Sydney, the Prince of Wales Theatre, on Castlereagh Street, at a cost of about £30,000. It had a dress circle, upper boxes and gallery, and was said to seat about 3,000. It opened on 12 March 1855. "It was soon apparent," wrote an obituarist, "that "two" theatres would "not" pay in Sydney... he was at length compelled to take the benefit of the Insolvent Act." He sold the theatre at a heavy loss in 1858.