Royal Melbourne Showgrounds Redevelopment

Project name

Value

$108 million (total estimated investment government contribution 2005)

Status

Service delivery commenced

Department or agency

Department of Jobs, Precincts and Regions

Private sector partner

PPP Solutions, comprising International Public Partnerships Limited and Brookfield Global Integrated Solutions.

Description

The project aims to:

enhance the Royal Melbourne Show
build on the link between urban and rural Victoria
help Victoria’s agribusiness sector grow
create a flexible, multipurpose events and exhibition precinct.

Features of the redeveloped site include a grand pavillion, a town square, revitalized main entrance and boulevard, new exhibition space and an outdoor animal competition area. The redevelopment included applying a much needed facelift to old structures, in line with heritage requirements.

Two-thirds of the 27 hectare site has been developed as a show venue. The non-core land on Epsom Road has been redeveloped into a supermarket, shops, offices and a day-care centre.

To progress the project, the State formed a joint venture with the Royal Agricultural Society of Victoria (a not-for-profit organisation).

The contract with PPP Solutions is to design, build, finance and maintain the showground facilities. The contract was executed on 22 June 2005 and is for a period of 25 years.

Commercial acceptance for the project was achieved in August 2006, in time to stage the 2006 Royal Melbourne Show.