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5 February 2024
In a significant boost to Geelong’s tourism landscape, the Nyaal Banyul Geelong Convention and Event Centre precinct, backed by a $456 million investment through the Geelong City Deal, is set to become a beacon of cultural heritage, economic growth, and job opportunities.
Developed by Development Victoria in collaboration with project partners Regional Development Victoria and Plenary Conventions, this world-class precinct is poised to meet the city’s escalating tourism demands while fortifying the region’s visitor economy.
A pivotal moment in the project’s journey occurred in early December, marked by the formal signing of the Partnerships Victoria agreement between the Victorian Government and Plenary Conventions. This agreement solidified Plenary Conventions’ initial investment of $120 million, securing Geelong’s largest hotel, a 200-room Crowne Plaza, with an additional $130 million earmarked for a future mixed-use development within the precinct.
Upon completion, the Nyaal Banyul Geelong Convention and Event Centre precinct will feature a purpose-built convention and events centre, the city’s largest hotel, a sprawling public plaza, hospitality spaces, and a commercial office tower. Notably, the public plaza is designed to showcase 60,000 years of Australian history, paying tribute to the Wadawurrung people’s cultural heritage and connection to Djilang (Geelong).
This unique addition to the precinct sets it apart globally, offering international visitors a distinctive experience as they traverse through the plaza, celebrating the fusion of ancient history with contemporary life. The public plaza, once a gathering place for the Wadawurrung people for thousands of years, will now host year-round informal gatherings, public events, and cultural celebrations.
Leading the construction efforts is the reputable Australian construction team, Built. Beyond contributing to the city’s skyline, Built is playing a crucial role in job creation and economic growth. The project is expected to support hundreds of jobs during its construction phase. Built has also partnered with local community organisation gforce, aiming to recruit up to 28 new local apprentices and trainees facing challenges in entering the workforce.
The Nyaal Banyul Geelong Convention and Event Centre aligns with the Central Geelong Framework Plan, a 30-year vision supporting growth and change in central Geelong. Expected to be completed in 2026, this development represents one of the first major civic initiatives under the plan.
Funding for the project comes from various sources, with the Victorian Government investing $423 million, the Australian government contributing $30 million, and $3 million from the City of Greater Geelong, as part of the Geelong City Deal. This commitment between the Australian and Victorian governments and the City of Greater Geelong aims to revitalise the city and regional economy, enticing visitors to spend more time in the region by leveraging its natural assets.
For those eager to learn more about the Geelong City Deal and the Nyaal Banyul Geelong Convention and Event Centre precinct, visit the Australian Government website.
As proud overseers of this transformative project, Development Victoria looks forward to witnessing the Nyaal Banyul Geelong Convention and Event Centre emerge as a symbol of Geelong’s growth, cultural richness, and commitment to creating inspiring careers within the construction industry.