Commercial

Transaction Management – Queen’s Wharf Brisbane, QLD
Destination Brisbane Consortium

9 hectares
99 year lease
8,000 new jobs

 

Queen’s Wharf is a world-class integrated resort development within the heart of  Brisbane CBD. In May 2012, the Premier of Queensland announced the QWB project, which provides a once in a generation opportunity for the private sector to master plan, redevelop and commercialise nine hectares of prime Brisbane central business district and riverfront development. To ensure the delivery of a world class tourism integrated resort development, the contract also included the opportunity to commercially operate the precinct through a 99-year lease and secure a perpetual casino license linked to the term of the lease.

TSA Advisory was engaged in mid-2013 to provide transaction management services through to conclusion in November 2015.  The role involved the following key tasks:

  • Development of a Transaction Definition Report
  • Development of EOI and RFP documentation, including evaluation documentation
  • Transaction management and interactive processes with the builder, operator and developer markets
  • Facilitation of the evaluation processes, including sourcing inputs from specialist advisors and preparation of the Evaluation Report
  • Facilitation of the clarification and Best and Final Offer processes including development of all relevant documentation
  • Managing the conduct of Gateway Reviews
  • Preparation of a benefits management plan and investment logic map
  • Commercial negotiation process.

The successful contractor was appointed in late 2015.  In November 2015 the Queensland Government confirmed it had reached contractual close on the $3 billion project with construction underway.

  • >9

    hectares

  • >99

    year lease

  • 8000new jobs

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