Bringing you the latest Canberra commercial property news.
Northbourne housing precinct redevelopment in jeopardy
The ACT’s Land Development Agency is reconsidering the proposed revitalisation of the Northbourne Flats area due to a provisional Heritage Listing.
The Heritage Council is seeking public submissions on a full heritage listing of the sites between Morphett and Macarthur & Wakefield Avenues along the Northbourne Avenue corridor, due to the architectural values of the buildings. The original proposal could have seen the construction of 1,099 apartment dwellings with a value circa $70M, however a full heritage listing would mean significant costs in refurbishing the existing buildings, and a heavy loss in both return to the Government and economic benefit to the ACT. It is estimated that new housing on site could accommodate up to 45,000 residents.
Giralang Shops redevelopment dispute
A resolution to the ongoing dispute regarding the development of a major supermarket at the disused Giralang Shops site may be on the horizon with the hearing set to begin in the High Court today. We will bring updates on this issue as they come to hand. Read more details here.
New Development Applications lodged
Fyshwick – Block 10 Section 83
New small industrial development on Beaconsfield Street comprising four units with warehouse and office space. This is a battleaxe site of approximately 2,202sqm.
Braddon – Block 3 Section 1
New small residential redevelopment at 79 Torrens Street. Demolition of existing structures to erect seven units with basement car parking.
You can comment on DA’s here.
Don’t forget to have your say on various ACT Government projects at the Time to Talk Canberra website
The community consultation process is open on the following topics:
The development of West Belconnen