Stadium, housing proposed for Hobart’s waterfront

The Tasmanian government has released preliminary documents in its plans to create an arts, entertainment and sporting precinct at Macquarie Point in Hobart.

In April 2023, the federal government announced it would contribute $240 million towards the project, which will transform the last remaining waterfront and urban development site in Hobart.

The Tasmanian government will develop a refreshed precinct plan for the area, which spans from Macquarie Point to crown land at Regatta Point.

A multipurpose, 23,000-seat stadium will be the centrepiece of the project. It will have the capacity to host a range of activities such as major concerts, conferences, exhibitions and sporting events.

"The Urban Renewal project has a multipurpose stadium at its core, which will inspire economic activity around it and strengthen our economy for decades to come," said Tasmanian premier Jeremy Rockliff.

The project will include a focus on transport connections, housing and upgrade to Hobart port.

Regatta Point will be developed through a public-private partnership and include affordable homes and housing for critical workers and veterans.

"This exciting precinct plan will provide real affordable housing for Tasmanians, real jobs and new transport solutions," said prime minister Anthony Albanese.

"This sets up Macquarie Point as the future jewel in the crown for Hobart. A place where people can live, work and come together."

Documents released by the Tasmanian government include a business case for the project, as well as a site selection report produced by MCS Management and Consulting in conjunction with Philip Leighton Architects and an initial stadium views analysis undertaken by Liminal Architecture.

An architect has not been appointed for the design of the stadium. The design process will begin after consultation with key stakeholders has concluded.

The total funding requirement for the urban renewal project is $715 million. The Tasmanian government has committed $375 million, the AFL will contribute $15 million, and the remaining $85 million will be funded through borrowings.