This Project involves a modification of the existing PPP arrangements for the Melbourne Convention Centre Development (MCCD) between the Secretary to the Department of Economic Development, Jobs, Transport and Resources on behalf of the State of Victoria (the State) and Plenary Conventions Pty Ltd (Plenary Conventions), a member of the Plenary Group (Plenary). The contractual framework for the Project is consistent with the existing MCCD arrangements and with the Partnerships Victoria Framework.
As part of the Project, the Exhibition Centre Expansion will be complemented by the private development of a multi-deck car park and 347-room hotel (together, the Commercial Developments). The Commercial Developments, which are complementary to but sit outside of the PPP arrangements for the Exhibition Centre Expansion, are to be delivered by Plenary entities and their partners in the existing commercial developments at the Precinct.
Melbourne Exhibition Centre Expansion Project
Department or agency
Department of Economic Development, Jobs, Transport and Resources (DEDJTR)
The Exhibition Centre Expansion will extend the existing facilities operated by the Melbourne Convention and Exhibition Trust (MCET), namely the Melbourne Convention and Exhibition Centre (MCEC), by providing an additional six exhibition bays totaling 9,000 square metres plus associated event spaces, client support rooms and public areas, including:
- 7,500 square metres of flexible exhibition space;
- 1,500 square metres of multi-purpose space (with retractable seating for at least 900 people);
- service pods;
- meeting rooms and informal meeting spaces;
- a loading dock; and
- a link/hub space and concourse (including alterations to the existing MCEC facilities) which will improve integration and links to the existing MCEC facilities.
The contract was executed on 30 May 2016 and amended and restated in March 2017. Construction works commenced in June 2016 and will be completed in mid-2018. The operating term of the Project will end in 2034, aligning with the operating term for the existing MCCD PPP.
The Commercial Developments are complementary to, but sit outside of, the PPP arrangements for the Exhibition Centre Expansion. The parties to the Commercial Developments include existing investors in the wider Precinct, incentivising active collaboration with Plenary and the State in the delivery of the Project. The Commercial Developments will enhance the Precinct and improve amenity, with the additional car parking and hotel facilities helping to support MCET events. The costs of the Commercial Developments are to be borne by the developers.
Further information is available on the Melbourne Convention and Exhibition Centre website.