The Tasmanian Government’s 2030 Strong Plan for Tasmania’s Future is facilitating economic growth in our State.
The Tasmanian Government will be seeking proposals through an Expression of Interest Process to explore investment opportunities to repurpose the Treasury Building, commencing early in the new year.
Treasurer Guy Barnett said the Government believed that it was time for the Treasury building to return to the community.
“We know that the buildings are not well suited to office accommodation and they present a unique opportunity for an investor to take advantage of the heritage character of the buildings and their prime location,” the Treasurer said.
“There is significant opportunity for a suitable development at the site which would stimulate investment and create jobs during design, construction and into the future.”
The Government previously commenced an Expressions of Interest process in 2018 but made a decision to close it due to the Government’s priority to support our community and keep Tasmanian’s safe during the COVID-19 pandemic.
The Treasurer said that as part of the Government’s Plan to boost economic growth creating opportunities for development and stimulating growth in our State is a priority.
“We have seen the amazing development at Parliament Square and the Tasman, which has not only preserved the heritage characteristics of the buildings but have made them more accessible to Tasmanians and visitors to enjoy.”
“We know that the Treasury Complex is underutilised and presents a unique opportunity for the right developer to showcase the buildings for the benefit of our economy and our community.”
The EOI process will open in the new year.
