The Federal Government has accepted the Tasmanian Government’s plan for Macquarie Point, creating new momentum for the major development.
The decision marks a milestone of the funding agreement between the state and federal governments.
By including housing, transport options and stakeholder engagement in the wharf redevelopment within the Macquarie Point Precinct Plan, the Tasmanian Government is delivering on its commitment.
The Tasmanian Government has also submitted part of its plan for Stage 1 of the Precinct – the multipurpose stadium – to the Tasmanian Planning Commission.
The Multipurpose Stadium is part of Stage 1 of implementing the Macquarie Point Precinct Plan.
With the Precinct Plan in place, work is underway to develop a masterplan to deliver on the redevelopment and urban renewal of the precinct.
Moving forward a key priority for the partnership between the Federal and Tasmanian Governments will be the development of a housing plan to inform the development of the Residential Development and Public Foreshore Zone.
Federal Minister for Infrastructure, Transport, Regional Development and Local Government, Catherine King, said, “This is the first step in our Federation Funding Agreement to progress the Macquarie Point Precinct together.
“There is still work to be done to deliver a precinct that can deliver both economic opportunities and create a more vibrant Hobart.
“I look forward to receiving the Tasmanian Government’s stakeholder report in coming months to understand how local views shape more detailed planning processes.”
Tasmanian Premier, Jeremy Rockliff, said, “The Macquarie Point redevelopment provides a unique opportunity to deliver something very special for the people of Tasmania.
“The multipurpose stadium has been submitted to the Project of State Significance process, enabling it to be independently assessed.
“Building on the remediation and work that has been done on site, this project will be a catalyst for the redevelopment and urban renewal of Macquarie Point, turning the site into a hub of economic activity showcasing world-class sport, art and events.
“This game-changing project will allow Tasmania to realise its decades-long AFL dream, while generating hundreds of millions in economic activity during construction and tens of millions each year thereafter.
“We will continue to work with the Australian Government on this economy-boosting, job-creating project.”
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