It will open the Cradle Mountain Investment Prospectus for expressions of interest. 

The government will co-invest in support of developing a world-class village at the Cradle Mountain Gateway Precinct. 

The 13.5-hectare site consists of five parcels of Crown land outside the national park that will be leased to developers in line with the Cradle Mountain Master Plan. 

Potential uses include visitor and staff accommodation, food and beverage outlets, experiential leisure and retail opportunities. 

Tasmanian company Fairbrother is contracted to start work on the precinct next week with it to be the prime entrance point for the national park hosting visitor services, tour operators buildings and a cafe. 

The precinct will be the departure point for the $60 million Cradle Mountain cable car which has secured state and federal funding. 

The state government is investing a total of $56.8 million into the mountain’s master plan. 

Tourism Industry Council Tasmania chief executive Luke Martin said about $90 million in mixed government funding has been committed to the region.

“It is by far the largest investment by public governments in a national park site anywhere around the country,” Mr Martin said. 

Mr Martin said it is critically important the private sector does its part. 

“The opportunities are limitless for this site,” he said. 

Premier Will Hodgman said the investment aimed to bring forward bold ideas from operators. 

“This is a true collaboration between state and federal government and the private sector to elevate Cradle Mountain as an experience to be what it should be,” Mr Hodgman said. 

“It’s important that the proposals have a strong Tasmanian flavour.

“We are asking that proponents ensure that there is a strong level of Tasmanian content.”

Expressions of interest will close at 5pm on March 15, 2019.