Australia-based consortium AmplifyGC, that includes infrastructure and investor Plenary Group, has been picked for the key role in progressing the Gold Coast Arena transaction, the company specialising in public private partnerships (PPPs) and the development of major precincts, it has been revealed.

Live Nation, a leading live entertainment company based in America, which combines concert promotion, artist management and ticketing services was also part of the consortium.

And it also includes Australian-owned construction and property group Build as the design and construct contractor, the group has more than 20 years of delivery experience in Queensland, supported by Cox Architecture and 3XN as lead architects.

Invest Gold Coast, the city’s economic development and investment entity, would now work with AmplifyGC through the next phase of the transaction process to determine options, delivery and design of the venue for the 2032 Brisbane Games.

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Gold Coast mayor Tom Tate said the Olympic venue would have a minimum of 12,000 seats on a site in Carey Park, Southport.

“We can move swiftly as a designated Olympic venue to ensure the arena is delivered by 2030 – well ahead of the Brisbane 2032 Olympic and Paralympic Games,” Tate said.

He added that the level of interest in the project was a sign of the Gold Coast’s status as it strategically grows its cultural capital.

“Gold Coast is the fastest growing city in Australia and capital investors understand the opportunities to be part of our rise as a powerhouse city in the Asia Pacific,” he said.

Plenary Group head of development Sergio Calcarao said the AmplifyGC team was thrilled to deliver what will be an iconic piece of legacy infrastructure for South East Queensland.

“Our integrated delivery and operating model will ensure, fast tracked delivery, world-class operations and a whole-of-life approach,” Calcarao said. “That will provide value-for-money for the City and delivers measurable economic, cultural and social outcomes for the community.”

Live Nation Australia & New Zealand senior vice president Guy Ngata said AmplifyGC’s vision was to shape the next chapter of live entertainment on the Gold Coast.

“Beyond the Olympics, the arena will position the city as a destination for global touring – driving economic growth, strengthening the region’s cultural life, and giving international and local artists a world-class stage for the next generation of live entertainment,” Ngata said.

The shortlisted proponent from the Expressions of Interest was endorsed by Council of the City of Gold Coast on Tuesday, March 10, after a closed council meeting.