Legacy venue Gold Coast Arena proponent



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Live Nation and infrastructure investor Plenary Group has been selected as the shortlisted proponent for Gold Coast Arena Image: City of Gold Coast

The global consortium AmplifyGC, headquartered in Australia, has been selected as the shortlisted proponent to progress the Gold Coast Arena transaction – a legacy venue for the Brisbane 2032 Olympic and Paralympic Games.

‘goldcoast.qld.gov.au’ stated that the consortium brings together global infrastructure developer and investor the Plenary Group who specializes in Public-Private Partnerships (PPPs) and the development of major precincts, alongside Live Nation, the world’s leading live entertainment company. Together they bring decades of experience in global arena development, operations and event programming experience.

The 12,000-seat Gold Coast Arena is a planned multipurpose sports and entertainment arena located on the Gold Coast, Queensland, Australia. It is expected to go on stream in 2030.

The 2032 Summer Olympics, officially the Games of the XXXV Olympiad and also known as Brisbane 2032, is a planned international multisport event scheduled to take place from July 23rd-August 8th, 2032 in Brisbane, Australia, with venues across the various regions of Queensland.

The 2032 Summer Paralympics, also known as the 19th Summer Paralympic Games and branded as Brisbane 2032 or the abbreviation Bris2032, are an upcoming international multisport parasports event governed by the International Paralympic Committee scheduled to be held in Brisbane, Queensland, Australia, from August 24th-September 5th, 2032.

Bonn (Germany)-based the International Paralympic Committee (IPC) is an international non-profit organization and the global governing body for the Paralympic Movement.

Melbourne (Australia)-based the Plenary Group is a leading independent developer, manager and long-term investor of public infrastructure with 25 assets under management worth more than A$33 billion across Australia, the Middle East and the United Kingdom. The Plenary Group adopts a holistic approach to delivering projects that embraces finance, design and construction, commercial development, asset management, and operations.

Beverly Hills (US)-based Live Nation Entertainment, Inc. is an American multinational entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. It continues to operate both brands as subsidiary companies promoting and managing ticket sales for live entertainment internationally. It also owns and operates the entertainment venues and manages the careers of the music artistes.

‘goldcoast.qld.gov.au’ further stated that the consortium also includes the leading Australian-owned construction and property group Built as the Design and Construct Contractor – bringing more than 20 years of delivery experience in Queensland – supported by Cox Architecture and 3XN as the Lead Architects.

The Rocks (Australia)-based Cox Architecture practice is built around the designers that collaborate with the clients, the stakeholders and the communities.

Copenhagen (Denmark)-based 3XN Architects believe that the buildings are more than the sum of their parts and constantly seek to achieve a synthesis of design, function and context. Their buildings are uniquely matched to each project but always seek to combine beauty and meaning by putting people at the center of design.

Invest Gold Coast, the City’s economic development and investment attraction entity, will now work with AmplifyGC through the next stage of the transaction process Request for Proposal (RFP) to refine investment options, delivery and design for the minimum 12,000-capacity venue at Carey Park, Southport, Australia.

A request for proposal (RFP) is a form of reverse auction initiated by an organization interested in the procurement of a service or product that solicits a business proposal from the potential suppliers. It is usually part of a complex sales process and made through a bidding process.

The Gold Coast Mayor Tom Tate said he was delighted at the high caliber of AmplifyGC and its global strength for the next phase of the Public-Private Partnership (PPP) transaction.

Stated Mayor Tate, “With a single proponent we waste no time in getting into the finer planning, the investment options and the detailed design. We can move swiftly as a designated Olympic venue to ensure the arena is delivered by 2030 – well ahead of the Brisbane 2032 Olympic and Paralympic Games. The world’s eyes are on the Gold Coast and the level of interest in this major public infrastructure legacy project is a sign of the City’s status. We are strategically growing our cultural capital. The Cities around the world increasingly view the creative industries as the strategic assets for attracting investment, supporting the innovation ecosystems and strengthening economic competitiveness.”

Added Mayor Tate, “Gold Coast is the fastest growing City in Australia and the capital investors understand the opportunities to be part of our rise as a powerhouse City in the Asia Pacific.”

The Plenary Group Head of Development Sergio Calcarao said the AmplifyGC team was thrilled to be partnering with the City of Gold Coast to deliver what will be an iconic piece of legacy infrastructure for South East Queensland.

Commented Calcarao, “Our collective experience here and overseas makes us ideally placed to deliver on the exciting vision for the Gold Coast Arena. Our integrated delivery and operating model will ensure fast-tracked delivery, world-class operations and a whole-of-life approach. That will provide value-for-money for the City and will deliver measurable economic, cultural and social outcomes for the community.”

Live Nation Australia and New Zealand Senior Vice-President Venue Development Guy Ngata – said the Arena would play a central role in the Gold Coast’s future as a live entertainment destination. The AmplifyGC’s vision is to shape the next chapter of live entertainment on the Gold Coast. Beyond the Olympics, the arena will position the City as a destination for global touring –driving economic growth, strengthening the region’s cultural life and giving the international and the local artistes a world-class stage for the next generation of live entertainment.”

The shortlisted proponent from the Expressions of Interest (EOI – a formal document prepared by a buyer for a seller demonstrating the former’s willingness, ability and a price range for purchasing the latter’s business, asset, or security) was endorsed by Council of the City of Gold Coast recently after a closed Council meeting.

The EOI sought expressions of interest to design, build, finance, operate and maintain the City’s largest indoor entertainment and sports venue. The respondents were assessed on design vision, value for money, capacity, capability, and Olympic readiness.

Invest Gold Coast will issue a process deed to AmplifyGC which sets out the next steps of the transaction.

It is expected the project agreement will be executed in early 2027 and construction to commence soon after.

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