Brisbane Arena rivals circle as project goes to market

  • 📰 brisbanetimes
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 67%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

The Queensland government will shortly conduct market soundings to determine the shape of the Brisbane Arena project on Roma Street.

That consortium has proposed to both build and operate the arena with minimal investment from taxpayers.Live Nation Asia Pacific president Roger Field said the consortium, which also included Australian public-private partnership specialist firm Plenary Group, said he welcomed the “fair and competitive process” and was keen to get started.Advertisement

But Lister said a PPP approach would not be appropriate for the building of an Olympic venue, as it tended to slow down the process.“In this situation, government cannot abrogate its responsibilities in delivering these facilities and you can’t just pass it down the line to somebody and wipe your hands in time and say ‘I hope you are ready in time’,” he said.

Field said the main variable in the consortium’s delivery timetable was how long the government’s market sounding and procurement processes would take. The private delivery model was one Brisbane’s immediate summer Olympic predecessor, Los Angeles, had embraced., said it was a model that harked back to the 1984 Games, also hosted by LA.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines