Hobart Science and Technology Precinct




PROJECT
PIPELINE
STATUS

Prospective pipeline

Credibly proposed

Announced

Under procurement

Preferred bidder announced

Recently closed
Hobart Science and Technology Precinct
STATUS

Prospective pipeline

Greenfield (construction) or brownfield (government asset divestment) projects needed or likely to occur within the next five years, but is not formally proposed by a state, territory or major local government.

Credibly proposed

The project or divestment is supported by a state, territory or major local government, is subject to studies or other processes (such as pre-feasibility or scoping studies or business case development), and is likely to proceed to formal announcement.   

Announced

The project has a firm commitment and timeline from a state, territory or major local government, but has not yet entered the market.

Under procurement

The project or transaction is under procurement (such as a call for Expressions of Interest, requests for tender, or another offer to the market).

Preferred bidder announced

A preferred bidder has been selected and is in exclusive negotiations.

Recently closed

Projects that have progressed to contractual close remain on ANZIP for 12 months.

ANZIP is focused only on major infrastructure activity, above the following thresholds:

Australia

Construction projects: > AUD$300m

Investable greenfield & brownfield: > AUD$100m

New Zealand

All greenfield and brownfield projects and divestments: > NZD $100 million


STATUS: Prospective pipeline
VALUE: $400M AUD
SECTOR: Social infrastructure
JURISDICTION: TAS
PROCUREMENT APPROACH: Traditional procurement
TYPE: Greenfield

The University of Tasmania plans to build a new $400 million science, technology, engineering and maths (STEM) facility in the Hobart CBD. The proposal is for the development of a purpose-built STEM facility for tertiary education, research and training in the centre of Hobart.

This would relocate the University of Tasmania's Faculty of Science, Engineering and Technology from the existing campus at Sandy Bay to a new facility in the Hobart CBD. The proposed 45,050 metre square facility would initially accommodate 3,000 students and 700 staff. The aim of the relocation would be attract students to study at the university, which would in turn attract new industries to Hobart.

In March 2018, the project was listed as a priority project for the next five years in Infrastructure Australia's Infrastructure Priority List. The project business case has been completed and in February 2017, it was approved by Infrastructure Australia. The cost benefit ratio of the project is 1.95.

Planning will be completed by Q4 2018, with construction expected to start shortly after. The project is expected to be completed by Q1 2021.



Last reviewed: 27/04/2018

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