Will Hodgman

Premier of Tasmania

20 April 2018

Jeremy Rockliff, Acting Premier

Myer Milestone As Stage Two Officially Opens

Sales registers are now ringing on all five floors of Myer Hobart’s brand new, re-developed department store as it officially opened its doors today.

The Hodgman Liberal government played an important role in ensuring the development proceeded, by providing a $15 million dollar commercial loan.

While ultimately the loan facility wasn’t drawn upon, it was a vital step to provide the certainty for the project to go ahead.

More than a decade since a fire destroyed the store in 2007, we are pleased to see it operating at full capacity and offering a retail boost to Tasmanians.

The first stage of the re-development opened its doors in November 2015 breathing life back into Hobart’s CBD and providing hundreds of jobs.

Now, we are delighted to see Stage 2 officially open for business boasting five floors and occupying over 12,500 square metres of space.

Tasmania’s retail sector is booming, growing for 40 consecutive months and helping to create new jobs.  Myer’s new building will add to that and will not only be a major drawcard to Hobart’s CBD, it will support and increase jobs.

I would like to both sincerely thank and congratulate Myer for investing in Tasmania.

Myer’s redevelopment is yet another indication of the confidence businesses have in Tasmania’s economy.

Our plan is about ensuring the right economic framework is in place to assist businesses to create local jobs.

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