Expressions of interest - information document

MACQUARIE POINT
A RARE
AND EXCITING
OPPORTUNITY
TO INVEST
IN ONE OF
THE WORLD’S
MOST
CAPTIVATING
SMALL CITIES
Hobart’s historic
Macquarie Point
WITHIN THE BOUNDARIES OF HOBART’S ICONIC
WATERFRONT, AND ON THE DOORSTEP OF THE
CITY’S CBD, THIS 9.3 HA BROWNFIELDS SITE IS
NOW BEING OPENED UP FOR DEVELOPMENT.
MACQUARIE POINT IS A ‘ONCE IN A
GENERATION’ INNER-CITY RENEWAL PROJECT,
AND THIS IS YOUR OPPORTUNITY TO SECURE
AN INVESTMENT FOOTHOLD IN A CITY
UNIVERSALLY RECOGNISED FOR COMBINING
ITS DARK PAST WITH A MODERN LIFESTYLE
IN A VISUALLY SPECTACULAR SETTING.
2/3
// 42°52’47.334”S 147°20’14.045”E
MACQUARIE POINT’S
COMMANDING APPEAL
IS ITS LOCATION.
The 9.3 ha development site
adjoins the famous Hobart docks
and waterfront, recognised
across the world as the finish to
the Sydney to Hobart yacht race
and home to an array of unique
festivals such as Dark MOFO, the
Australian Wooden Boat Festival
and the Taste of Tasmania.
On the other side of Sullivans Cove
lies Salamanca Place, with its
famous sandstone warehouse
buildings that are symbolic of the
city’s turbulent days of early
settlement. Today, the area is the
home of the renowned Salamanca
4/5
Market, along with a diversity
of shops, galleries, art studios,
offices, restaurants and cafés.
Right next door to the Macquarie
Point site is Hobart’s international
cruise ship terminal, which this
season will host 38 cruise ship
visits, each bringing thousands of
passengers and crew. To the east
lies the River Derwent, while to the
west, the CBD is overlooked by the
towering presence of kunanyi/Mount
Wellington. Hobart is enhanced with
a wealth of beautifully preserved,
historic buildings, including the
Tasmanian Museum and Art Gallery,
the Houses of the Tasmanian
Parliament and Australia’s oldest
operating live theatre venue, the
Theatre Royal, which opened in 1837.
THE ‘POINT OF
DIFFERENCE’
APPEAL OF
MACQUARIE
POINT
MACQUARIE
POINT IS A:
• 5 minute walk to the CBD
• 15 minute drive to Mona
• 15 minute drive to the nearest beaches
• 15 minute drive to Hobart International Airport
• 30 minute drive to kunanyi/Mt Wellington
THIS IS A
VERY SPECIAL
CORNER OF
THE WORLD
HOBART
TASMANIA
6/7
Hobart is one of the most beautiful and
liveable cities in the world, with 220 000
people choosing to live and work here. It
boasts a mild, temperate and maritime
climate with four distinct seasons.
Temperatures average 21°C during
summer and 12°C during winter.
The city is the major gateway to
the state’s natural assets. With an
unparalleled environment that is both
remote and ‘unknown’, Tasmania is
home to vast tracts of wilderness,
pristine beaches and some of the
purest air on the planet.
The state has experienced increased
international visitation over the past
12 months, with Hobart’s average hotel
occupancy rates hitting record highs. Our
domestic tourist trade is also growing at
record pace. Predictions are that within
the next four years, Tasmania will be
attracting 1.5 million visitors annually.
Eighty-eight per cent of people who visited
the state in the past 12 months ranked
Tasmania as the most appealing holiday
destination in Australia and New Zealand
(Source: Tourism Info Monitor).
While tourism is booming, Tasmania’s
continued prosperity is equally assured
through the diversity and strength
of its other sectors of industry and
commerce, ranging from aquaculture
and sea fisheries to premium food and
wine production, coupled with hi-tech
manufacture and a global reputation in
marine and Antarctic research, education
and specialist services.
With strong links to the Antarctic sector,
Hobart is a major deep-water port for
Southern Ocean shipping and the last port
of call for the Australian Antarctic Division
and French expeditions to Antarctica.
As well as employing 1 185 Tasmanians in
2011-2012, the sector contributed $187.4
million to Tasmania’s Gross State Product
and 8 951 visitor nights through Antarcticrelated conferences and meetings.1
The city is also home to the University
of Tasmania (Australia’s fourth-oldest
university, founded in 1890), and
incorporating the Menzies Institute
for Medical Research, the Institute
for Marine and Antarctic Studies, and
the Antarctic Climate and Ecosystems
Cooperative Research Centre.
Creativity and innovation are evident in
Hobart’s intellectual and artistic output.
The opening of Mona (Museum of Old and
New Art) in 2011 escalated the profile of
Hobart as an international destination,
while the city’s year-round calendar of
arts and cultural festivals attracts not
only locals but visitors from interstate
and overseas.
1. Most recent data available from Tasmanian Polar Network
and Tasmanian Government
“This is one of Australia’s very
best inner-city development
precincts to come onto the
market in a generation, and
at a time when the Tasmanian
economy is buoyant and the
community, especially business,
is confident and optimistic.”
Hon Will Hodgman MP
Premier of Tasmania
VISION
Macquarie Point will be a vibrant,
liveable and sustainable place
that optimises economic, social
and environmental outcomes,
complements its surrounds,
enhances connectivity and offers
a range of opportunities to live,
work, invest and play.
A PLACE TO LIVE
A PLACE TO ENJOY
A PLACE OF ECONOMIC GROWTH
AND INVESTMENT
A PLACE OF ARTS AND CULTURE
A PLACE OF QUALITY
ARCHITECTURE AND DESIGN
A PLACE OF REFLECTION
A PLACE OF RECREATION
A PLACE OF COMMUNITY
A PLACE OF SUSTAINABILITY
A PLACE OF THE FUTURE
8/9
MASTERPLAN
The Macquarie Point Strategic Framework
and Masterplan 2015-2030 (masterplan)
was launched in June 2015 and offers a
visual insight into what the precinct could
look like in the years ahead.
It suggests a mix of old and new, in which
modern hotel accommodation, offices and
residential apartments co-exist alongside
some of the area’s historic warehouses,
which have been earmarked for restoration
to highlight the industrial history of the area.
The masterplan emphasises that future
development will, among other things:
• involve a mix of uses
• be people-focused
• be well-connected to the broader
Hobart environment
• respect the site’s history
• encourage innovative, quality design and
• respect principles of sustainability.
The masterplan can be accessed at
masterplan.macquariepoint.com
“There will, of course,
be great diversity in
what ultimately resides
at Macquarie Point,
ranging from tourist
accommodation, offices
and city apartments
to shops, cafés and
restful green belts
and reserves.”
John Wardle
Head of the
Masterplanning
Design Team
Tasmania has the highest level of business
confidence in the country. The latest NAB
Business Survey (released November 2015) states
that confidence is at +8, nearly three times the
national average of just +3. Business conditions
are also the second best in the country, at +14,
just one point off being the best in the country and
five points higher than the national average.
INVESTMENT
Business confidence is buoyed by record high
retail turnover and the boom in Tasmania’s
tourism and hospitality, and construction sectors.
10/11
Recent public investment in Hobart has
totalled more than $815 million, including
private investment of more than $400 million.
Investment in the city has included hospitals,
hotels, retail complexes, research and
education facilities, museums, a cruise ship
terminal, housing and office space.2
The Hobart City Council (council) actively
supports appropriate development through
its Major Developments Assistance Policy.
This policy allows the council to assess
requests from developers for assistance or
incentives for major city developments. The
council encourages developments that will
provide long-term benefits to Hobart through
a viable mix of businesses within the city that
are dynamic, vibrant and culturally expressive.
The council will continue to invest in public
infrastructure to support the commercial
sector in keeping Hobart moving.
2. www.hobartcity.com.au/Business/Investment_Opportunities
The Macquarie Point Development Corporation
(corporation) is calling for Expressions of Interest
(EOIs) from developers wishing to be part of the
Macquarie Point story.
This prime location offers development
opportunities ranging from commercial and
residential to hospitality, retail and tourism.
EXPRESSIONS
OF INTEREST
The EOI process will extend for a period of 14 weeks,
commencing on 16 December 2015. During this time,
proponents will be required to prepare and lodge
formal EOI submissions that provide information on:
• their development concept, preferred location
and proposed timing
• their development credentials and experience and
• their financial capacity to deliver the proposed
development.
The EOI process will be used to shape the Request
for Proposal (RFP) process and to shortlist those
proponents who will be invited to participate in the RFP
stage. This will involve shortlisted proponents providing
significantly more detail in relation to their proposals.
For further information on the EOI process
please contact the corporation on +61 3 6166 4000
or at develop@macquariepoint.com or download
the EOI information package from
www.macquariepoint.com
EOI TIMELINE
EOI released
16 December 2015
EOI closing date
23 March 2016
EOIs shortlisted
early May 2016
PROPOSED RFP TIMELINE
RFP documents released
May 2016
RFPs close
August 2016
Preferred bidder/s appointed
December 2016
The development
of Macquarie Point
is expected to be
delivered in stages
over more than
10 years.
PHOTO CREDITS
Cover / Page 3
Macquarie Point site
Richard Bennett
Page 4-5
Dark Mofo, Salamanca
Roger T Wong
Australian Wooden
Boat Festival
Michael Petersen
Hobart Waterfront
photography Len Gay;
digital composition
Lexi Clark;
Tasmanian Museum
and Art Gallery
Page 6-7
Hobart Waterfront
Nick Moles
The Taste of Tasmania
Sean Fennessy
Welder
Peter Mathew
Brooke Street Pier
Roger T Wong
Macquarie Point site
Richard Bennett
Page 10-11
Hotel Grand Chancellor
Roger T Wong
Savour Tasmania
Rick Eaves