Amid booming growth in Tasmania’s tourism and property sectors, the Tasmanian Government has announced it will place the prime waterfront precinct of Elizabeth Street Pier on the market for redevelopment.

The Government owns approximately 91 per cent of the Elizabeth Street Pier which includes a conference centre and hospitality venues as well as 56 serviced apartments.  The wharf area and apron will remain in public ownership.

Minister for State Growth, Peter Gutwein, says the proceeds of the sale will be better utilised to underpin investment in other areas, including the renewal of the Macquarie Point precinct.

The approx. nine hectare Macquarie Point site at the docks is one of the last remaining vacant sites adjacent to a working port on the edge of Hobart’s CBD. Over half of the redevelopment of Macquarie Point is earmarked for public space and arts and cultural events. The remainder will feature commercial space, accommodation, tourism infrastructure and other waterfront development.

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