Business · Companies · 7 hrs ago
BESIX Watpac chosen to build Hobart stadium
BESIX Watpac has been chosen to build Hobart’s Macquarie Point Stadium after beating a rival bidder to advance to the final stage of the tender.
The multipurpose stadium is planned for Macquarie Point in Hobart, Tasmania.
The project has a stated budget of $1.13 billion, but its final cost is still unknown as the government negotiates a contract with the builder.
A fixed-price contract is expected to be signed before Christmas.
The Tasmanian government is capped at contributing $875 million, with any extra funding to come from cost reductions or other potential funders, including the federal government, AFL or Cricket Australia.
The stadium is required for the Tasmania Devils to join the AFL and AFLW in 2028.
Site works have begun, but completion is not expected until December 2030.
BESIX Watpac has been chosen as the preferred builder for Hobart’s Macquarie Point Stadium.
The project has a budget of $1.13 billion, but its final cost has not been determined.
The company beat a rival consortium headed by Italian firm WeBuild to reach the final stage of the tender process.
A fixed-price contract is expected to be signed before Christmas, after detailed negotiations.
Site works have begun, and the stadium is not expected to be complete until December 2030.
- Who
- BESIX Watpac has been chosen as the preferred builder.
- What
- It will progress to the final stage of the tender process to build Macquarie Point Stadium.
- When
- The builder was announced on October 15, 2026. A fixed-price contract is expected before Christmas.
- Where
- Macquarie Point, Hobart, Tasmania.
- Why
- The stadium is required for the Tasmania Devils’ entry into the AFL and AFLW from 2028.
This story does not have two clearly opposing sides.
Site works at Macquarie Point began.
The Tasmanian government announced BESIX Watpac as the preferred builder.
A fixed-price contract is expected to be signed.
The stadium is expected to be complete.
- Project budget
- $1.13 billion
- Government funding cap
- $875 million
- Preferred builder
- BESIX Watpac
- Rival bidder
- Consortium headed by WeBuild
- Expected completion
- December 2030
- Tasmania Devils entry
- AFL and AFLW from 2028