VOS Construction and Joinery has been awarded the contract to undertake a major redevelopment of the Derwent Entertainment Centre basketball arena in Tasmania, Australia.
Work has begun to meet the Tasmanian Liberal Government’s ambitious target to have the venue ready for the Tasmanian JackJumpers to host games when the next NBL season gets underway later in 2021.
Stage Two works are already underway following the completion of Stage One works late last year.
Tasmania Premier Peter Gutwein said:
It’s projects like the DEC redevelopment which form part of our plan to rebuild a stronger Tasmania by underpinning confidence and providing a strong pipeline and foundation for economic growth.
Following the project going to tender the costs of the project have increased from the initial estimates obtained in early 2020 – from A$46 million to A$66 million. This is due to a range of factors including the specialised nature of a major stadium development, the very tight project timeframes and our buoyant construction market.
As the building owner, the Government will contribute an additional $15 million to make the Government contribution towards the project $56 million, with the LK Group remaining responsible for any cost overruns.
VOS construction will work around the clock to get this project done and will support 150 jobs on site as part of its strong Tasmanian workforce, helping drive our continued economic recovery.
The DEC is one of a huge range of infrastructure projects that forms part of a plan to rebuild the Tasmanian economy through a landmark $5 billion program to bolster confidence, invest in the community and support 25,000 jobs.
The refurbished DEC will not only create a home base for a Tasmanian team and create a world-class playing venue, it will also result in a four court community multisport facility, benefitting a range of local sports and communities which is expected to be ready mid-year.