Lismore City Council is inviting Expressions of Interest (EOIs) from community organisations, not-for-profits, businesses, industry groups and other interested parties for the future use of the site at 1 Molesworth Street, Lismore, the former Lismore Greyhound Racetrack.
Council is seeking innovative, sustainable and flood-aware proposals that deliver community benefit, economic stimulus or strategic value for Lismore. The EOI process is designed to test market and community interest and inform a future report to Council. At this stage, Council has not determined a preferred future use for the site.
The site has not operated since the February 2022 flood. Due to flood damage and high reinstatement costs, the venue was deemed no longer viable for racing.
Greyhound Racing NSW has formally offered to gift the land and infrastructure to Council. At its Ordinary Meeting on 10 February 2026, Council resolved to accept the former Lismore Greyhound Track as a gift, subject to appropriate due diligence.
As part of this resolution, Council determined that the land will be classified as Operational land under the Local Government Act 1993, providing greater flexibility in relation to leasing, licensing, development or potential future disposal, compared with Community land classification.
Council's due diligence processes include property investigations, risk assessments and other checks required prior to formal transfer.
Successful proponents will receive the site "as is" and will be expected to undertake their own due diligence.
Timeline
- EOI Closes: Monday, 30 March 2026
- Report to Council: Tuesday, 12 May 2026
Late submissions will not be accepted. EOIs must be submitted via Council's online portal.
Assessment Criteria
Proposals will be assessed against criteria including:
- Strategic alignment with Council's Community Strategic Plan
- Community benefit and public value
- Economic impact and job creation
- Risk considerations, including potential significant adverse impacts
- Proponent capability, governance and financial viability
- Long-term sustainability of the proposed endeavour
Shortlisted proponents may be invited to present their proposal to Council or participate in further negotiations.
Council encourages forward-thinking proposals that respond to the site's flood history while unlocking new opportunities for community use, economic growth and long-term resilience in Lismore.
