Ultimo Creative Industries Precinct (NSW)

Helping preserve Sydney’s cultural and creative history

In 2018 the State Government announced it was to relocate the MAAS Powerhouse Museum to Parramatta in Western Sydney.  Following the announcement, the Government committed to investigating the retention of a creative industries precinct in Ultimo – a Final Business Case for a Creative Industries Precinct at Ultimo would be prepared in response to the demand for retention of a cultural and heritage presence at the Ultimo site.

The Ultimo Creative Industries Precinct is proposed to re-create an engaging and dynamic cultural hub: uniting existing creative industries; and enhancing the connectivity of workspaces and institutions in the area. There is also consideration of a Broadway-style theatre and a museum showcasing part of MAAS’s design and fashion collection.

Our role

MBB was engaged to provide commercial and transaction management services to support the development of the business case and provide project management and procurement services aligned with NSW Government guidelines.

Our services

Specific services include:

• Team procurement and management
• Business case development
• Base case definition
• Options analysis, development and consultation
• Risk management
• Stakeholder analysis and identification
• Cost analysis
• Scope and change management
• Assurance Review coordination
• Project Controls
• Project Management
• Stakeholder Management.

MBB drove value through effective strategy and contract management, achieving approximately 3% total savings, and facilitating workshops to ensure a well-considered and viable outcome for the client and sector.

Our specialists were instrumental in meeting INSW Gateway assurance reviews promptly and contributing to the project’s success through strategic management and stakeholder collaboration.