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Infrastructure stories

The following stories relate to Tasmania’s Infrastructure sector:

Vos asks $60m for MACq 01

Developer Vos Group has placed the landmark waterfront hotel MACq 01 on the market with a $60 million price tag. The shed-style building, which includes the Federal Group's hotel and six prime retail tenancies, opened six months ago. The selling agent, JLL Hotels & Hospitality Group, has conducted a roadshow through Asia and said the offering was well-received by potential investors. A spokesperson, Peter Harper, told The Mercury: “People understand the dynamics of the Tasmanian economy now and are quite bullish about the long-term outlook off the back of inbound tourism and marketing.” MACq 01 is one of Australia’s newest 4.5-star luxury hotels with few peers nationwide. Mr Harper said traditional investors and new entrants to the market would be drawn to the asset’s attributes and secure income profile based on a long-term lease to Federal Group and other quality tenancies. Vos is in the final stages of marketing the last remaining commercial tenancy in Macquarie Wharf 01, a 379 sq m site with expansive water frontage. Director, Darren Vos, said the sale of MACq 01 would allow his company to focus on other property-development projects. The asking price of $60 million would comfortably exceed the previous record for a commercial property in Hobart.

8 March 2018, Edition 192

Airport predicts 3m pax a year

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Hobart International Airport had the busiest day in its history on Boxing Day and is expecting three million passengers a year by 2022.

8 March 2018, Edition 192

Home buyers spend $3.8b

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Tasmania's housing market achieved record sales totalling $3.879 billion in 2017.

8 March 2018, Edition 192

Tasmanians return the Hodgman Liberal Government and a historic female majority parliament

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Tasmanians voted for continuity in the 3 March State election, returning Will Hodgman for a second term as Premier.

8 March 2018, Edition 192

Island gets renewables hub

Flinders Island has switched on a $13.38 million wind and solar hub which will supply on average 60 per cent of the island's power. Renewable supply could rise to 100 per cent when the weather is right. The picturesque island at the eastern end of Bass Strait is home to about 800 people who have previously depended on shipped-in diesel for power. The new hub uses sophisticated controls to manage a fluctuating mix of wind, solar and diesel power and is likely to be replicated in other remote Australian communities. The project was predominantly funded by Hydro Tasmania, with a $5.5 million contribution from the Federal Government's independent Australian Renewable Energy Agency. Similar hybrid technology has been installed on Tasmania's King Island, at Coober Pedy in South Australia, on Rottnest Island in Western Australia and at several smaller off-the-grid communities in the Northern Territory, but Flinders Island's system is the only one to have been built in shipping containers which were then taken to the island before being "plugged-in" to one another. There are plans to add tidal power to the Flinders Island mix over coming years and Hydro Tasmania's CEO, Steve Davy, said there was international interest in the project.

8 February 2018, Edition 191

National fillip for marine sector

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Tasmania's maritime engineering capability has been given valuable national exposure following a Brand Tasmania-backed visit to the State by magazine editor and specialist writer Simon Enticknap.

8 February 2018, Edition 191

Our brand has 'come of age'

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Tasmania's brand has come of age and the future is looking positive, according to the new head of the Tasmanian Maritime Network, Robert Miley.

8 February 2018, Edition 191

PM signs on for Hobart deal

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UTAS's proposed STEM project in the CBD and an Antarctic research precinct at Macquarie Point looked more likely after a Federal Government City Deal was signed in Hobart in January.

8 February 2018, Edition 191

Lonnie takes 'smart city' lead

Edition 191_Campus

Launceston grabbed national leadership as a smart city, received a Federal funding go-ahead for its Inveresk campus project and successfully hosted its first Mona Foma festival in a hectic first month of 2018.

7 February 2018, Edition 191

20pc rise tipped for Hobart homes

Edition 190_Houses

Property prices in Hobart could rise by 20 per cent in the coming 12 months, according to Propertyology researchers.

11 December 2017, Edition 190

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Tasmania's Stories Edition 202

Edition 202_AWBF2019small

Our first newsletter for 2019 opens in spectacular style with the MyState Australian Wooden Boat Festival. We hope you enjoy your February newsletter.

21 February 2019, Edition 202

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