An internal government document reveals the estimated cost of the Perth Convention and Exhibition Centre redevelopment climbed by $507 million in six months before the project was shelved.
Up to seven sites in the Perth Convention and Exhibition Centre area could be used for further development, including a hotel, as Rio Tinto eyes a move into the redeveloped space.
The state government has promised $16.6 million towards planning a new Perth Convention and Exhibition Centre, in collaboration with the Wyllie Group and Brookfield joint venture.
The global investor that owns construction giant Multiplex, major CBD office towers and WA's freight rail network is set to own the state's largest grid-scale battery.
Developers want to cut the ribbon on a major upgrade to Perth's convention centre by the end of the decade and use a global oil and gas conference as its launchpad onto the world stage.
SRG Global will add another Elizabeth Quay project to its portfolio after being awarded a $25 million contract for work on Multiplex's Nine The Esplanade project.
Sydney-based steakhouse 6HEAD has committed to a 10-year lease at Brookfield Properties' One the Esplanade development, being the first hospitality tenant to sign up.
Property giant Brookfield has vowed to undertake major upgrades at Brookfield Place after anchor tenant BHP agreed to remain at the skyscraper for a further 15 years.
