$1B
DEVELOPMENT
POTENTIAL
9.3HA
DEVELOPMENT
SITE
50%
PUBLIC
SPACE
9,800
CONSTRUCTION
JOBS
ABOUT
Mac Point is one of the few remaining development opportunities in an Australian capital city and presents a significant opportunity to create an innovative and dynamic precinct for residents and visitors to Hobart.
The 9.3-hectare site is situated amongst key landmarks; future development potential for the Antarctic and Science Precinct; Central Business District; and next to Hobart’s iconic waterfront. The site also has significant cultural importance as a meeting place of First Nations people through to European colonial life.
Once fully realised, Mac Point will be an iconic destination and home for residents and visitors to Hobart, while providing significant growth in commercial and cultural real estate, and public space on the edge of the CBD.
DEVELOPMENT
Macquarie Point Development Corporation is tasked with the remediation of the former industrial site to prepare it for permanent development. With more than 80% of Mac Point now physically remediated, the Corporation has begun the process of permanent development. Through the work of the Corporation, the site will unlock more than a billion dollars of investment, support the creation of thousands of jobs and deliver a unique precinct that will serve the community for generations to come.
REMEDIATION
More than 80% of Mac Point is now physically remediated and ready for permanent development.
THE DISTRICT
The largest land parcel Mac Point will take to market. Representing almost 30% of the site and with a wide variety of uses.
SCIENCE, CULTURE & TOURISM
The Corporation is undertaking a market testing campaign to identify interested science, cultural and tourism operators.
THE PARK
The truth and reconciliation art park is the central component to Mac Point's development and will be a place for all to enjoy.
