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Paxon acted as commercial and financial adviser to Arts NSW (now Create NSW) on the Carriageworks Stage 2 Development.

Carriageworks is the largest multi-arts precinct in Australia.  In 2007, the Evereigh Locomotive Workshops heritage site was developed into a cultural precinct.

Paxon provided the State of NSW with various development options for expansion and additional development of the Carriageworks site.

Paxon’s analysis considered a variety of cultural and entertainment options, including museum, performing arts, food / beverage and general entertainment facilities.

Arts NSW Client

2017 - 2018 Year

Sydney, NSW Location

$80 million Project Value

Commercial and Financial Adviser Roles

Key Outcomes

Paxon’s advice allowed Carriageworks to develop a preferred option with minimal Government capital contribution and with no additional recurrent funding from the State.

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