Pier sale helps Mac Point
The Tasmanian Government has announced it will be selling the Elizabeth Street Pier to help fund its Macquarie Point vision. Central to this is the relocation of the wastewater treatment plant from the area. The Elizabeth Street Pier is 91 per cent owned by the State Government and includes serviced apartments, a conference centre and hospitality venues on Hobart’s waterfront. Treasurer, Peter Gutwein, says he expects the sale will attract strong interest, adding the market will determine the price. The Treasurer stresses that ownership of the Elizabeth Street Pier is not part of core Government business and “proceeds of its sale will be utilized to underpin investment in other public assets that will benefit all Tasmanians.” The wharf area and apron will remain in public ownership.
7 December 2018, Edition 201