Opposition open to DEC redevelopment but wants to see details first

The NBL wants bipartisan support for a taxpayer funded redevelopment of the DEC, but the State Opposition wants to see the details first.

An artist’s impression of the proposed Derwent Entertainment Centre redevelopment.

THE State Opposition remains optimistic but in the dark over details on taxpayer support required for the redevelopment of the Derwent Entertainment Centre.

NBL owner Larry Kestelman is negotiating with the Tasmanian Government over a $20-$30 million upgrade of the 30-year-old venue.

In return, Mr Kestelman is offering Tasmania an NBL licence and a $200 million sporting, retail and restaurant precinct around the DEC at Wilkinsons Point.

It is understood Mr Kestelman and the DEC and Wilkinsons Point owner, the Glenorchy City Council, have come to terms, but Mr Kestelman won’t progress without a commitment of state funds from the Government.

He is also seeking bipartisan backing for the bid and Opposition spokesman for sports and treasury David O’Byrne said his side was all ears.

David O'Byrne.

“We remain excited by the opportunity this presents,” Mr O’Byrne said.

“But we have always qualified that with wanting to understand what the commitment from Government would be. We are yet to be informed on that.”