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Consortium for Sydney's New Convention, Exhibition and Entertainment Precinct Announced
New South Wales Government announces successful consortium and proposed design for Sydney's new convention, exhibition and entertainment precinct

The Premier of New South Wales (NSW), The Honourable Barry O'Farrell MP, has announced Destination Sydney as the preferred consortium to design, build and operate the new 20-hectare convention, exhibition and entertainment precinct. The Destination Sydney consortium includes AEG Ogden, Lend Lease, Capella Capital and Spotless.

The need for expanded facilities, enhanced venue flexibility and the ability to accommodate coinciding events were key considerations in the proposed design. The precinct, which has been given the working title 'Darling Harbour Live', will incorporate the International Convention Centre Sydney (ICC Sydney) and a red carpet entertainment venue with an innovative fan-shaped layout, and a hotel complex of up to 900 rooms.

Business Events Sydney (BESydney) CEO Lyn Lewis-Smith said: "Sydney needs an iconic, contemporary and versatile meetings precinct befit of Australia's global city. We will have this and more! This innovation hub in the heart of Sydney will create opportunities to host more international events that help to drive our knowledge economy. The precinct will also be a hive of residential and retail, leisure spaces and more. It will connect our educational, creative and multicultural precincts. Above all, it will have the character, dynamism and energy for which Sydney is renowned.

The proposed design will equip Sydney with flexible and versatile spaces required to accommodate changing meeting architecture and continuously evolving technology. Set for completion in late 2016, 'Darling Harbour Live' is destined to be Australia's largest and first fully integrated exhibition, convention and entertainment space. Construction will commence in late 2013, following the closure of the existing Sydney Convention and Exhibition Centre.