Published on 05 April 2016
Devonport City Council has welcomed Tasmanian property developer Errol Stewart’s interest in the proposed LIVING CITY hotel development, as part of the Waterfront precinct.
“It’s great to see a prominent Tasmanian developer indicating an interest in developing a hotel as part of LIVING CITY. It is also very encouraging to hear that his decision to invest in his new car dealership was influenced by Council’s LIVING CITY Strategy. It proves Council is on the right track” said the Acting Mayor of Devonport, Alderman Annette Rockliff.
“Council agrees the hotel and LIVING CITY waterfront precinct need to occur as soon as possible and has recently calling for expressions of interest from architects to develop the precinct’s Master Plan and concept designs” said Alderman Rockliff.
“We are hopeful of having an architect appointed by the end of May, which would enable us to go out to market to formally seek interest from hotel developers later in the year”.
“There has already been strong informal interest from a number of international hotel operators in the LIVING CITY hotel and conference centre opportunities”.
“With no other hotel or conference facilities on the North West Coast suitable of hosting business conferences, given Devonport’s access to the interstate market through both the Spirit of Tasmania ferry and Devonport Airport, we believe there is a exciting opportunity here”.
A hotel consultancy group has also been commissioned to prepare an independent ‘Hotel demand economic analysis report ’, which together with the Waterfront Precinct concept plans will be used as the basis for going ‘out to market’” said Alderman Rockliff.
“Attracting investors like Errol Stewart is what LIVING CITY is all about, it’s about creating the opportunities for businesses, growing our slice of the ‘pie’ and ensuring the future growth of the region”.
” It is important to not look at each element in isolation. with the conference centre, Food Pavilion, hotel and new retail offerings all interlinked and important aspects in creating a new future”.
“We’ve had to carefully stage LIVING CITY, starting with the Civic precinct & Food Pavilion as Stage 1, in order to free up the land required for the retail development. This will in turn enable Harris Scarfe to relocate to the Retail Precinct and free up the land needed for the Waterfront Precinct and hotel development” said Alderman Rockliff.
“It’s a ‘jigsaw puzzle’ but the sequencing is important and Stage 1 really is the catalyst to enable private investment in the Retail and Waterfront Precincts”.
“We thank Mr Stewart for his confidence in Devonport and the LIVING CITY plan and congratulate him on his expansion of his Don Road Jackson Motor Company dealership” Alderman Rockliff stated.
“Together with other developments, such as the Hill Street Market development on Oldaker Street, it’s clear that even before a sod has been turned the LIVING CITY strategy is already attracting new investment in our city”.