Hobart 'Stadium 2.0' developer's company in liquidation, as he works on new waterfront project

Dean Coleman, a key figure behind Hobart's rejected 'Stadium 2.0' proposal, is now involved in a new waterfront development project after his company, SolutionsWon Group, was placed into liquidation. The development company reportedly owes $6 million to creditors and $145,000 in superannuation to employees.

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The unsuccessful MAC2.0 bid was a significant factor in the company's financial position, and the company was ultimately placed into liquidation.

SolutionsWon Group's financial struggles were significantly impacted by the unsuccessful bid for the 'Stadium 2.0' or MAC 2.0 project, a 23,000-seat covered stadium proposed for reclaimed land on the River Derwent. The Tasmanian government rejected this design in 2024, deeming it an "unacceptable risk."

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The new RQP Team are largely the original Stadium 2.0 team.

Liquidation documents reveal substantial debts, including $1 million owed to the Australian Taxation Office and $948,000 to the National Australia Bank. Other creditors include real estate firms and an architectural design company.

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Having led much of the original precinct planning work, I have been asked only to assist in explaining the concept and the technical work already undertaken.

Despite the financial fallout from the stadium bid, Coleman has resurfaced with a new proposal for the waterfront at Regatta Point. This project, named Regatta Quay Precinct (RQP), includes plans for 220 apartments and a large car park. Coleman states that his role in RQP is advisory, focusing on explaining the concept and existing technical work, rather than acting as a primary developer. He emphasizes that RQP is a separate entity from the liquidated SolutionsWon Group and should be evaluated on its planning merits.

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Regatta Quay Precinct is a project concept rather than an operating business entity.