Plan for the future
Devonport has a diversified economy based on the foundation sectors of retail trade, health care and social services, manufacturing, and freight and logistics management.
LIVING CITY
In 2014, Council adopted the LIVING CITY Masterplan. LIVING CITY is the largest urban renewal project ever undertaken in regional Tasmania.
With stages 1 and 2 now complete, LIVING CITY is now providing unique opportunities for Devonport particularly in the tourism, arts, food and services sectors.
Recent successes of the LIVING CITY Masterplan include:
- a new 180 room Novotel Hotel;
- an 800 seat conference centre;
- an integrated arts centre;
- a food and beverage pavilion;
- a multi-storey carpark;
- a new carpark in the southern CBD;
- a new community parkland.
Devonport is thriving. It is currently:
- The Retail and Service Centre for Regional population of 70,000.
- The Busiest Freight Port in Tasmania, handling more than 50% of the islands trade. Existing daily freight ships to the mainland.
- Tasmania’s only passenger port. Welcoming 450,000 passengers every year. New ships will increase capacity by an additional 160,000 passengers annually from 2024.
- Home to Devonport Airport with 12 commercial flights (Qantas/Rex) daily between Devonport and Victoria for passengers and freight.
- Thriving economically with a regional GDP of $3,540M.
- Growing, with the population having increased by 7% over the past 5 years.