The proposed redevelopment would transform Perth's waterfront and create a long-term economic boost for Western Australia, unlocking a new pipeline of construction jobs for the future and creating new local jobs across a diverse range of industries.
PCEC was built in 2004 and is the oldest convention centre in Australia not to have had a major redevelopment. It is leased by Wyllie and Brookfield until 2039 - with Wyllie and Brookfield - as the joint venture - working with the State Government to explore redevelopment opportunities.
A concept proposal has been considered by the State Government, with further work now required through the Project Definition Phase to ensure the project is properly scoped and costed before agreements are reached.
The State Government will work collaboratively with Wyllie and Brookfield on the Project Definition Phase and has allocated $16.6 million to progress the proposal.
The project would create an iconic waterfront precinct on the Swan River, with a world-class and highly competitive convention space to attract major business events to WA.
It would deliver a new tourism and hospitality hub for Perth showcasing the Swan River and Kings Park, with improved connectivity to Elizabeth Quay, a new public realm including outdoor theatre on the Swan, as well as new public waterfront facilities and food and beverage venues.
The existing convention centre building would be significantly refurbished to increase capacity and capability to attract new major business events, while development opportunities would be provided for a new premium hotel, residential apartments across the affordability and accessibility spectrum, and commercial and innovation space.
For more information read the media release.