Legislative Council, Thursday 20 June 2024

With regard to a statement by Macquarie Point Development Corporation (MPDC) confirming the appointment of Cox Architecture and stating that, Stadiums Tasmania would be the owner and operator of the stadium as detailed on the MPDC website:

(1) What, if any, arrangements have been entered into with Plenary Partners under the public-private-partnership (PPP) arrangements?

(2) Who are parties to the arrangement?

(3) (a) Has a contract been signed: and
     (b) if so, what are the general terms and conditions of the contract and the timelines for delivery of staged and final components of the contract, excluding commercial in confidence information?

(4) Given there are a variety of forms of public private partnerships involving different combinations of design, building, transfer, managing and/or operating, what form of partnership combination has been negotiation and/or agreed with Plenary Partners?

(5) According to the MPDC website, MPDC is overseeing the project, Cox Architecture have been contracted to design the stadium, a construction firm will build the multipurpose facility and it is intended that Stadiums Tasmania will be future owners and operators, what will Plenary Partners’ ongoing role be and future interest in the development; and

(6) What interest will MPDC have in the project, under what terms and conditions, and how will MPDC achieve a return sufficient to satisfy the persons and institutions providing financial support for the project?

ANSWER:
The Government notes and welcomes the interest expressed by Plenary Partners, among others in the private sector, to invest in the Macquarie Point site, and the State more broadly.

The Government has neither entered into a contract with Plenary for the development of the Macquarie Point site nor is it currently negotiating a contract with Plenary Group.