Australian practice Morris-Nunn and Associates will begin construction on the Princes Wharf Shed Number One located at Hobart in Tasmania, Australia.
The $15m project will help revive Hobart's waterfront area into a public space and will feature three 500-seat theatres, a 1,500-seat banquet hall with 40 commercial kitchens and a 1,000m² art exhibition centre, according to architectureanddesign.com.au.
Shed Number One is the largest shed on the wharf and was originally built in 1938 but for the past ten years has been disused.
The shed's design incorporates various sustainability measures such as solar panels, thermal insulation and the removal of asbestos from the roof.
Public feedback was obtained following a six-week exhibition that concluded on 25 September and the feedback will be used to improve the final design.
A development application has been submitted to the Hobart City Council.
Construction on the shed is expected to begin at the end of January next year and is anticipated to be complete by the end of July 2010.