Council tests the market on waterfront development
The projects within the Mackay Waterfront Priority Development Area (PDA) should support CBD revitalisation and proposed public realm upgrades nearby.
Mayor Greg Williamson said calling for expressions of interest was an opportunity to test the market appetite for development through private investment.
“It is a cost-effective way to identify options for development of the lots, especially as council has no firm view on possible projects,’’ Cr Williamson said.
“It is a good way of attracting potential private sector investment without major resource implications for both council and potential developers.’’
The sites range from the former Retravision building in Wood St to two waterfront properties in River St.
Cr Williamson said that following the EOI process, the council could choose to invite tenders from a shortlist if it wished to proceed.
The EOI is expected to be advertised at the end of June, with a recommendation report provided to council in August.
The council envisages potential uses including:
- Commercial activities providing opportunities for business, administration and professional service providers
- Accommodation activities offering a diverse range of short and long-term residential offerings
- Food and drink activities (restaurant), craft brewery, distillery, function centre or major entertainment activities overlooking the Pioneer River
- Health care and community support services
- Mixed use tourist development or unique regional attraction supporting both land and water-based tourism opportunities
- Any combination of the above.
“It is important to note that the focus of this site is the available vacant land and not the building itself, which is State Heritage-listed,’’ Cr Williamson said.
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