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“It’s envisioned this would be a space for live performances, sport and public events, contributing to the Entertainment Quarter’s role as a cultural and entertainment precinct,” Graham said. The government is pushing ahead with long-vaunted plans to revitalise the Moore Park precinct to complement its policies aimed at rebooting Sydney’s entertainment and hospitality industries. Mystery surrounds the deal that secured business consortium Carsingha Investments a conditional exit from its lease, which is due to expire in 2036, with a 10-year option to extend. Graham would not comment on terms of the agreement, citing commercial in confidence. Entertainment Quarter chairman Tony Shepherd said the decision to open tenders was “a wonderful initiative”, and one he believed could “lead to the creation of the world’s best entertainment centre”.
