Plenary Conventions consortium secures $449M PPP to deliver Nyaal Banyul Geelong Convention and Event Centre

Type: Financing · Technology: Hospitality · Country: Australia · Value: $449M · Announced: 2026-03-16

Plenary Group, through its Plenary Conventions consortium, secured a $449 million public-private partnership (PPP) to deliver the Nyaal Banyul Geelong Convention and Event Centre, a 1,000-seat theatre and event hub in Geelong, Australia. The project, valued at $676 million as part of the Geelong City Deal, includes an adjacent 200-room Crowne Plaza Geelong hotel, which opened in January 2026. Construction created over 1,400 jobs, trained 250 apprentices, and engaged 440+ local subcontractors, suppliers, and consultants. The convention centre will host 50+ conferences annually, driving tourism and economic growth in the region. Plenary Group also invested an additional $130 million in the Crowne Plaza, doubling its commitment to $260 million for future commercial spaces in the precinct.

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