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flag Wollongong Council opens Lagoon site to competitive bidding, aiming for fair value and public input ahead of lease expiry.

flag Wollongong City Council in Australia is opening the publicly-owned Lagoon site, a beachside location since 1986, to competitive tender for the first time, following state laws requiring fair value for public assets. flag The current lease, set to end in 2026, allows existing operator Andrew Harrison to bid. flag The council aims to maximize returns, avoid rate hikes, and gather public input on the site’s future. flag The process, beginning nearly a year before expiration, ensures transparency and time for a new operator to prepare.

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