Sydney Modern (Art Gallery of NSW Expansion)




PROJECT
PIPELINE
STATUS

Prospective pipeline

Credibly proposed

Announced

Under procurement

Preferred bidder announced

Recently closed
Sydney Modern (Art Gallery of NSW Expansion)
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: Announced
VALUE: $344M AUD
SECTOR: Social infrastructure
JURISDICTION: NSW
PROCUREMENT APPROACH: Traditional procurement
TYPE: Greenfield

The NSW Government’s $244 million funding commitment to support the expansion of the Art Gallery of New South Wales, also known as the Sydney Modern porject, was announced in the 2017-18 State Budget.

Combined with government committment of funds, the Art Gallery of NSW capital campaign is expected to raise $100 million in philanthropic support for the project, of which $70 million has already been pledged.

The expansion will see more of the Gallery’s collection, worth $1.3 billion, on display. It will improve the State’s ability to attract more major international art exhibitions to NSW. The project involves the construciton of a new adjacent building, and renovations to the existing building to create an expanded campus.

The Gallery has worked with SANAA Architects for the past two years to progress the design concept.

The design concept will continue to be refined until the planned submission of a State Significant Development Application in Q3 2017.

Major construction of the project is expected to commence in 2019 with the expansion due for completion in 2021, in time for the 150th anniversary of the Gallery’s founding in 1871.


Presented by


Government sponsors

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Supporting agencies

 
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