Tetris Capital’s Kinetic consortium has been shortlisted to deliver the $294 million Geelong Convention and Exhibition Centre.
The project is funded through the Geelong City Deal, with $261 million from the Victorian Government, $30 million from the Commonwealth and $3 million from the City of Greater Geelong.
The landmark development on the Geelong waterfront will include a 1,000-seat venue, 3,700 square metres of multipurpose space and a 200-room upscale hotel and commercial spaces.
The project will be delivered as a Public Private Partnership, with the successful consortium to design, construct, finance and maintain the new facility and the precinct.
The three shortlisted bidders include:
Kinetik – comprising Tetris Capital, Amber Australia, Kane Constructions, ISS Facility Services, CostaFox Developments, Warren & Mahoney and Six Degrees.
Geelong Live – comprising Capella Capital, Aware Super, Lendlease Building, Honeywell, MAB Corporation, Populous, Hassell, Freadman White and Oculus.
Plenary Conventions – comprising Plenary Group, Built, BGIS, Woods Bagot, WSP and 4D Workshop.
Quotes attributable to Stephen McDonough, Principal, Tetris Capital:
“This project will be truly transformative for Geelong, galvanising its place as a premium destination, a centre for innovation and design and a growing economic powerhouse.
“We’re delighted to be part of such a highly skilled and experienced team, with a strong history and understanding of the Geelong region.”
The successful bidder is expected to be announced in mid-2023, with construction to start in late 2023 and the first event to be hosted in 2026.
More in the media release.