Green light for 70 The Strand development in Townsville
The development application was submitted by Lachlan Bell Consulting and includes a Material Change of Use and a subdivision of the lot.
Council chief executive officer Mike Chiodo said the development application showed that confidence in the city was growing.
“This is another development that will bring jobs into the city for both construction and ongoing in the hospitality industry,” he said.
“Townsville is really picking up the pace as a tourist destination with world-class events like the ITU World Championships and the North Australian Festival of Arts planned for the coming years.
“It’s great that residents and visitors to Townsville will see a city buzzing with activity and new developments.”
The decision for the development application was delegated to the CEO after a potential conflict of interest was identified under the new Belcarra legislation.
Mr Chiodo said his decision to approve the application was made following the recommendations made by council’s planning staff.
70 The Strand was among seven significant Strand precinct developments highlighted by North Queensland-based economist Colin Dwyer in a recent report on Townsville’s construction hot zones.
The private sector was seeing Townsville’s Strand with renewed opportunity, he said.
The other projects of influence in the area listed in the DS Economics construction database include The Hive ($450m), SeaLink-Honeycombes ferry terminal development ($52m), Maidment Strand apartments ($50m), Saint Patrick’s College development ($15m), Tobruk pool ($11.3m) and Seaview Hotel renovations.
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