Qld government reveals successful tenderer for $1.4b Brisbane Arena
Construction consortium Gather Brisbane has been chosen to build the $1.4 billion Brisbane Arena at Woolloongabba, and to develop the former Gabba site after the stadium is torn down following the 2032 Olympic and Paralympic Games.
The Queensland government has chosen a consortium called Gather Brisbane as the successful bidder for a $1.4 billion sports and entertainment arena in Woolloongabba, set to be ready before the 2032 Olympic and Paralympic Games. The state government will contribute a one-off $600 million, after which the consortium will receive the development rights for the former Gabba site.
The new arena will have a capacity of 17,000 seats, expanding to 18,700 for concerts, and will replace the Brisbane Entertainment Centre at Boondall. The venue will be situated near the future Cross River Rail station, adjacent to the decommissioned Gabba stadium, which will be turned into public space and nearly 4,000 new homes.
The government is confident about the project, stating that it will attract major events like concerts and sporting events to the state. The consortium, comprising Live Nation, Oak View Group, Plenary, and Webuild, is expected to begin construction in January, with the project's completion anticipated in 2031. The government will retain ownership of the land long-term, entering a 40-year commercial deal with the arena operator for maintenance and operational responsibilities.
Entertainment legends The Veronicas expressed their excitement about the new arena, considering it a dream coming true for the city.
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